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The Research Council of Norway is awarding NOK 28 million to a project entitled Biocircle: Increased Innovation Capacity and Innovation Rate for Circular Economy in Western Norway. This project is a collaborative venture between Norce, the UiS, the UiB and several businesses.
New ideas and concepts are the key to prosperity and to the wealth and wellbeing of nations, regions and individuals. As the world becomes more globalized, the advanced, high-wage economies must rely on their applied inventiveness to maintain their future prosperity. This has become an imperative for a rich country like Norway and its energy capital the city region of Stavanger.