Regions, nations and companies that are capable of changing and adapting to new circumstances will over time have the best chances of sustaining a healthy balance between growth and prosperity within their societies. It is by no means given from nature that the Nordic countries should be among the richest societies in the world. But the Nordic countries have, especially since the breakthrough of the industrial and modern age, shown themselves capable of steady development and renewal. Co-operation between industry, government, academia and civil society has been one of the defining characteristics for the Nordic countries’ development in this achievement. Nordic co-operation is in this sense a natural ingredient to the Nordic way of development.