Foundations in Norway Foundations in Norway Foundations in Norway (Norwegian: Bokmål: "stiftelse"; Nynorsk: "stifting") are independent i.e. self-owning juridical entities disposing assets that have been given by will, gift or other juridical dispositions for one or more purposes. There are approximately 7,600 foundations in Norway. Based on a total capital of nearly 100 billion crowns, foundations possess and control assets of estimated 200–300 billions. They constitute a small but economically important contribution to Norway's social and cultural life and to sports, education, and science. Norwegian foundations partly employ and partly engage approximately 35,500 individuals. Most foundations are located in the capital Oslo (the
Organic composition of capital theory of the rising organic composition of capital. It is difficult to find industries where the "secular" historical trend is one of an increase in the share of wages in the total capital outlay. Generally, the opposite is the case. However, it has been argued that the value of physical capital is notoriously difficult to measure empirically in an accurate way; and statistical time-series for economic variables over long periods are also susceptible to errors and distortions. The owners of a business may not even know exactly what the physical assets they use are currently worth, or what their business