Northern sea route as an emerging option for global transport networks: a policy perspective

The Northern Sea Route (NSR) is an emerging alternative route to the Suez Canal; however, inconclusive research exists on its benefits and viability. This paper uses a two-stage Delphi approach collect qualitative data from experts, what actions Nordic countries (Nordic are Denmark, Norway, Sweden, Finland, Iceland, as well Faroe Islands, Greenland, Åland Co-operation, 2020)) can undertake prepare themselves enter NSR capture potential deriving trading in global transport networks. By conceptually developing framework based first-mover advantage (FMA) dynamic capabilities theory (DCT), this empirically identifies path develop that could allow stakeholders reduce logistics costs through collaborations NSR. Our has made twofold contribution, first literature by linking FMA/DCT single elaborating it transportation context. Second, practical contribution identifying how along NSR, specifically countries, maximise using right policy framework.