Nicolai Solberg Løvdal

• Erikson, Truls; Løvdal, Nicolai Solberg & Aspelund, Arild (2015). Entrepreneurial judgment and value capture, the case of the nascent offshore renewable industry. Sustainability. ISSN 2071-1050. 7(11), p. 14859–14872. doi: 10.3390/su71114859. Full text in Research Archive Show summary

  Entrepreneurship may be regarded as the mechanism of change towards sustainability. Any entrepreneur that seeks to start a new venture in an emerging industry will face resource and time constraints. The question we raise here is how the entrepreneur should prioritize use of time and resources to increase likeliness of success. To address this question we depart from a theoretical perspective of entrepreneurship seen as judgment, and bridges it over to entrepreneurship seen as co-creation. In other words, we combine the subjective with the intersubjective, and explore the effects of the actions successful green technology entrepreneurs in the emerging offshore renewable energy industry make in building their new ventures in nascent markets. Inspired by earlier studies on market entry, combined with new ways to understand new venture emergence, we find that independent entrepreneurs benefit from leapfrogging typical stages in the technology development process and rather devote time and efforts on resource acquisition. We also find that the most important value-capturing, decision-making heuristics are those related to “hybrid governance”. We discuss implications for theory, practice, and policy.

• Løvdal, Nicolai Solberg & Moen, Øystein (2013). International Before Commercial: Investigating the Pre-Commercial Phase of International New Ventures. Journal of Technology Management & Innovation. ISSN 0718-2724. 8(2), p. 21–34. doi: 10.4067/s0718-27242013000200002. Full text in Research Archive Show summary

  In this study we focus newly established companies within the wave and tidal energy industry. Companies in this industry have not yet reached the phase of commercial production and sales. Our study investigates presents three case companies, analyzing their development pattern and how they access resources through international activities in the pre-commercial phase. The results reveal extensive international activities, were the companies seek for and exploits resources from a variety of countries even the early phases of their development. In fact, they are willing to establish large part of their activities in foreign countries (and even move their home base) to access resources. A key implication for managers is the need of balancing international use of resources and international access to resources. From the perspective of policy makers, the case study illustrate how countries and regions compete in order to attract the attention from and activity of firms in an emerging industry. These companies relocate activity across borders depending on the support framework offered. For researchers, the study demonstrates the need of focus on the international dimension of firm activity as early as in the pre-commercial phase.

• Løvdal, Nicolai & Aspelund, Arild (2012). Characteristics of Born Global Industries - The Birth of Offshore Renewables. In Gabrielsson, Mika & Kirplani, Manek (Ed.), Handbook of Research on Born Globals. Edward Elgar Publishing. ISSN 978 1 84844 953 4. p. 285–309.
• Løvdal, Nicolai & Aspelund, Arild (2011). International Entrepreneurship in the Offshore Renewable Energy Industry. In Wüstenhagen, Rolf & Wuebker, Robert (Ed.), Handbook of Research on Energy Entrepreneurship. Edward Elgar Publishing. ISSN 978 1 84844 551 2. p. 121–141. doi: 10.4337/9780857931221.00013.
• Løvdal, Nicolai & Neumann, Frank (2011). Internationalization as a strategy to overcome industry barriers-An assessment of the marine energy industry. Energy Policy. ISSN 0301-4215. 39(3), p. 1093–1100. doi: 10.1016/j.enpol.2010.11.028.

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• Shneor, Rotem & Løvdal, Nicolai Solberg (2016). Crowdfunding Success: A Literature Review - Highlights of Preliminary Findings.
• Erikson, Truls; Aspelund, Arild & Løvdal, Nicolai Solberg (2014). Value Capture in Nascent Industries: The Case of the Emerging Offshore Renewable Industry.
• Løvdal, Nicolai; Aspelund, Arild & truls, erikson (2010). Developing Technological Artifacts or Developing Business: Successful Energy Entrepreneurs Avoid Technological Myopia.
• Løvdal, Nicolai & Aspelund, Arild (2009). International Entrepreneurship in the Offshore Renewable Energy Industry.
• Løvdal, Nicolai (2008). International Entrepreneurship within Ocean Energy.
• Løvdal, Nicolai & Hersleth, Petter (2008). Does the industry have enough knowledge and skills?An introduction to Statkraft’s Ocean Energy University Program.
• Løvdal, Nicolai (2008). Marin fornybar energi - Status og muligheter.
• Løvdal, Nicolai (2008). Entrepreneurship - From idea to MW to kWh!
• Andersen, Anne Elisabeth; Løvdal, Nicolai; Falnes, Johannes; Stoltenberg, Jens; Arnstad, Marit & Hersvik, Rune [Show all 13 contributors for this article] (2007). En kilde klar og ren. Norsk dokumentarserie (3:4) Vind- og bølgekraft. [TV]. NRK 2. Show summary

  En kilde klar og ren. Norsk dokumentarserie (3:4) Vind- og bølgekraft. Norge har de beste naturlige forutsetningene for bygging av bølge- og vindkraftverk. Vi er i tet når det gjelder forskning, og har store kunnskaper om offshore-virksomhet. Likevel venter vi stadig på en skikkelig satsing fra myndighetenes side på fornybar energi.

• Løvdal, Nicolai (2007). Norge sinke på strøm fra havet. [Newspaper]. Adressa.
• Løvdal, Nicolai (2007). Entrepreneurship… - From idea to MW to kWh!
• Løvdal, Nicolai; Sarmento, Antonio & Neumann, Frank (2007). Internationalization within the ocean energy industry - a remedy for entrepreneurial challenges?
• Løvdal, Nicolai (2007). Wave & Tidal – International entrepreneuship –.
• Løvdal, Nicolai (2007). The overall picture – a bird’s eye view. Survey of the world’s wave and tidal technology developers.
• Løvdal, Nicolai (2006). Internasjonal forretningsutvikling innen offshore fornybar energi.
• Løvdal, Nicolai (2006). Innovations within Large-Scale Offshore Renewable Energy.
• Løvdal, Nicolai (2011). International Entrepreneurship within Offshore Renewable Energy. NTNU. ISSN 978-82-471-2836-7.

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