The research project Economics of Entrepreneurship is a joint project between IFN and Swedish Entrepreneurship Forum where eight top international researchers have cooperated with nine young postdoctoral Swedish researchers on issues related to institutional design. The overall purpose of the project is to use economic analysis to study how various factors influence entrepreneurship, innovation and business dynamics. The aim was to compare the outcome in two countries with different institutions, norms and traditions of entrepreneurship. The research has generated valuable knowledge about how various institutions and regulations affect the entrepreneurial economic growth, a knowledge which can be crucial for entrepreneurship and the future development of prosperity both in Sweden and other countries.
The main message in Industrial and Corporate Change is that analyses of entrepreneurship should be conducted through the lens of the institutional setup.” Few, if any, societies have managed to completely quell the individual’s innovativeness and pursuit of personal gains. However, there are large differences as to whether, and to what extent, societies have managed to gain rather than lose from these human traits.” In the concluding remarks it is said that we may be fairly confident that these differences have a great deal to do with institutional differences, on the more detailed level Though, “we still know fairly little about how these effects are borne out, and how entrepreneurs would react to specific institutional changes, let alone when and how entrepreneurial effort is expended to induce institutional change.”
The following articles are included in the Special Section of Industrial and Corporate Change (Volume 22, Issue 1 February 2013):
- “Entrepreneurship, institutions, and economic dynamism: lessons from a comparison of the United States and Sweden,” by Pontus Braunerhjelm and Magnus Henrekson (IFN).
- “Entrepreneurial Commercialization Choices and the Interaction between IPR and Competition Policy,” by Joshua Gans and Lars Persson (IFN).
- ”Institutions and venture capital,” by Josh Lerner and Joacim Tåg (IFN).
- ”University entrepreneurship and professor privilege,” by Erika Färnstrand Damsgaard (affilierad IFN) and Marie C. Thursby.
- “The choice of organizational form by closely-held firms in Sweden: tax versus non-tax determinants,” by Karin Edmark (IFN) and Roger H. Gordon.
- “Characteristics and performance of new firms and spinoffs in Sweden,” by Martin Andersson and Steven Klepper.
- “Does academic entrepreneurship pay?,” by Thomas Åstebro, Pontus Braunerhjelm and Anders Broström.
- “Billionaires,” by Tino Sanandaji (IFN) and Peter T. Leeson.
- ”Local multipliers and human capital in the United States and Sweden,” by Enrico Moretti and Per Thulin.
Read Industrial and Corporate Change (Volume 22, Issue 1 February, 2013)