Which is bizarre to me Norway doesn't have a booming tech sector with all hat wealth fund acting as the biggest VC.
They instead use their wealth fund to invest in US's tech sector. Baffling.
It would create jobs, sovereignty, intellectual property and soft power?
Instead it goes to strengthening the tech monopoly of a country that threatens to invade your neighbour.
Norway has a manpower bottleneck. The UK had spent its oil windfall domestically and it barely registered. But for a nation of then some 4 million the economy melts down with so much monetary mass.
Even Norway themselves admit they're the underperformers of the Nordics. https://skywlkr.no/wp-content/uploads/2019/10/TechScaleupNor...
So blaming population is a cheap excuse that doesn't hold water. Especially that you can always import the skilled people you lack, when you have virtually unlimited money and some of the highest standards of living in the world.