Strategy and management

Industrial development in coastal areas

INAQ assists regional developers in coastal communities, both private and public, supporting local business development and building industrial synergies.

Photo: Simon Williams, Unsplash
Industrial Development

The term business development is often associated with a region or area – for example, a municipality, several municipalities together or different stakeholders with common interest in an industrial area. Industrial development concerns more than a single company, it involves the partnership between different players like public authorities, policy instruments, R&D and educational institutions. Nudging this type of cooperation is often referred to as the Triple Helix model.

Professional approach

Triple Helix is an innovation model that describes the collaboration between the various actors. In reality, this collaboration involves a number of interactive processes; coordination and management, project development, linking strategy, tactics, and communication between the different stakeholders. Good regional business development relies on the development of a common culture for optimism and progress. The region or area must take a leadership role in ensuring that there are resources and expertise available to handle this operationally. Good strategic and operational leadership is crucial for success.

Ensuring competence and implementation

INAQ can take the role as a project manager or “intermediate actor” and ensure access to the right expertise. We contribute with knowledge and extensive a experience from many different types of projects related to industrial development in the seafood sector and other sectors.