Swedish Economic Forum Report 2012

By the end of 2012 the leading economies and strongest regions are still searching for a way out of slow growth and recession. Conventional monetary
policies have been replaced by more unconventional measures such as quantitative easing with uncertain long-time outcomes, and fiscal policies are circumscribed due to either divergent political views (e g US fiscal cliff) or demand for austerity measures (within the EU). Might entrepreneurship provide a way out of this political dead end? This question is addressed in The Swedish Economic Forum Report 2012.

New findings are presented as to how entrepreneurship influences, and is influenced by, different phases of the business cycle and the level of unemployment. The role and dynamics of entrepreneurial cultures and norms, and how these interact with the business cycle, is also examined through a detailed analysis on regional data for Germany and Sweden. Finally, the report discusses how economic policy can benefit from these new insights concerning the interconnection between entrepreneurship, the business cycle, unemployment and entrepreneurial cultures.

The authors of the Swedish Economic Forum Report 2012 are Martin Andersson, Professor Lund University, Pontus Braunerhjelm (ed.), Managing Director Swedish Entrepreneurship Forum and Professor Royal Institute of Technology, Michael Fritsch, Professor University of Jena, Tim Lamballais Tessensohn, Research Assistant Erasmus University, Simon Parker, Professor Richard Ivey School of Business, Roy Thurik, Professor Erasmus University and Michael Wyrwich, PhD University of Jena.

>> Download the report "Entrepreneurship, norms and the business cycle" (.pdf)