The Industrial Development Corporation of Norway or SIVA () is a Norwegian

state enterprise A state-owned enterprise (SOE) is a business entity created or owned by a national or local government, either through an executive order or legislation. SOEs aim to generate profit for the government, prevent private sector monopolies, provide goo ...

responsible for government investment in incubators,

science park A science park (also called a "university research park", "technology park", "technopark", "technopolis", "technopole", or a "science and technology park" TP is defined as being a property-based development that accommodates and fosters ...

industrial park An industrial park, also known as industrial estate or trading estate, is an area zoned and planned for the purpose of industrial development. An industrial park can be thought of as a more heavyweight version of a business park or office par ...

s and real estate through partial ownership of other companies. The ultimate goal is to stimulate

economic growth In economics, economic growth is an increase in the quantity and quality of the economic goods and Service (economics), services that a society Production (economics), produces. It can be measured as the increase in the inflation-adjusted Outp ...

, through strengthening Norway's capacity related to

innovation Innovation is the practical implementation of ideas that result in the introduction of new goods or service (economics), services or improvement in offering goods or services. ISO TC 279 in the standard ISO 56000:2020 defines innovation as "a n ...

and

creativity Creativity is the ability to form novel and valuable Idea, ideas or works using one's imagination. Products of creativity may be intangible (e.g. an idea, scientific theory, Literature, literary work, musical composition, or joke), or a physica ...

.The Industrial Development Corporation of Norway (SIVA)
/ref> SIVA is based in

Trondheim Trondheim ( , , ; ), historically Kaupangen, Nidaros, and Trondhjem (), is a city and municipality in Trøndelag county, Norway. As of 2022, it had a population of 212,660. Trondheim is the third most populous municipality in Norway, and is ...

, where it employs almost 40 people.Jonas Skybakmoen (17 April 2013)
Haugane går til toppjobb i staten

Adresseavisen (; commonly known as ''Adressa'') is a regional newspaper published daily, except Sundays, in Trondheim, Norway. The paper has been in circulation since 1767 and is one of the oldest newspapers in Norway after Norske Intelligenz-Seddeler which ...

, retrieved 12 June 2013 Through its investments there are about 8,000 employees in total. Investments include 46 industry and business parks in Norway, one in

Russia Russia, or the Russian Federation, is a country spanning Eastern Europe and North Asia. It is the list of countries and dependencies by area, largest country in the world, and extends across Time in Russia, eleven time zones, sharing Borders ...

, one in

Latvia Latvia, officially the Republic of Latvia, is a country in the Baltic region of Northern Europe. It is one of the three Baltic states, along with Estonia to the north and Lithuania to the south. It borders Russia to the east and Belarus to t ...

and two in

Lithuania Lithuania, officially the Republic of Lithuania, is a country in the Baltic region of Europe. It is one of three Baltic states and lies on the eastern shore of the Baltic Sea, bordered by Latvia to the north, Belarus to the east and south, P ...

. It also holds partial ownership of 15

science Science is a systematic discipline that builds and organises knowledge in the form of testable hypotheses and predictions about the universe. Modern science is typically divided into twoor threemajor branches: the natural sciences, which stu ...

- and 10

research Research is creative and systematic work undertaken to increase the stock of knowledge. It involves the collection, organization, and analysis of evidence to increase understanding of a topic, characterized by a particular attentiveness to ...

parks, 20 incubators, 45 business gardens, 12 venture capital institutions and 4 research and development companies. SIVA cooperates closely with the

Research Council of Norway The Research Council (also the Research Council of Norway; ) is a Norwegian government agency that funds research and innovation projects. On behalf of the Government, the Research Council invests NOK 11,7 billion (2022) annually. The Research ...

and Innovation Norway.

References

Government-owned companies of Norway Holding companies of Norway Companies based in Trondheim Organizations established in 1968 Industrial development agencies Norwegian companies established in 1968 Holding companies established in 1968 {{norway-company-stub