[dromtrund]

Whenever Starbucks try to break into a new city, they'll lower their prices, allowing their stores to take a loss for the first few years, just to starve out the competition. Smaller shops don't have the economical buffer to fight this, and Starbucks eventually take their customer bases and becomes the dominating shops.

Norway already has state grants for innovative startups, which when boosted by oil money, could generate a similar environment for entrepreneurs and innovative business, allowing people and companies to take larger risks. If this is executed correctly, it would make Norway the spearhead of whatever the next oil is, since companies from other countries will get pushback from their investors when taking the same risks or going for years without generating revenue.

When the oil runs out in 20 to 50 years, the future of the norwegian ecomony depends on finding new industries. Any spending of oil money that doesn't go towards securing this is irresponsible, IMO.