The importance of capital structure is explored by comparing existing archetypes of financial systems through a new methodological application. Differences in firms’ cost of capital show that capital structure is relevant in R&D and other investment decisions. The conclusions are that 1) there...

The entrepreneur is an elusive character in economic theory due to the difficulty of providing an accurate description. It appears impossible to produce a single definition of entrepreneurship and most theoretical approaches yield operational difficulties. By the same token, most operational...

This paper attempts to explain knowledge production in Swedish functional regions as measured by the number of patent applications. Recognizing that technological opportunity differs across sectors, a sectoral analysis is conducted. The Knowledge Production Function (KPF) approach is applied in...

This paper analyzes the overall growth pattern of Swedish municipalities in the 1990s. Using an accessibility-based hierarchy of municipalities, we relate growth to intra municipal, intra regional and inter regional accessibility. We explore the growth in (i) population, (ii) employment and...

This paper rigorously explores the impact of firm’s collaboration with universities on innovation. Specifically, using a representative dataset of manufacturing and service firms we have applied recent matching techniques to examine the hypotheses that whether academic knowledge has a positive...

Externalities have for a long time been perceived as awkward cases that are alien to well-structured economic analyses. During recent decades ideas inherited from Marshall and others have regained interest in the analysis of specialisation and trade, urban formation and growth as well as...

Continuous product and process innovations are prerequisites for sustainable competitiveness of both nations and regions. How such innovations are created and how successful innovation processes can be initiated are therefore extremely important questions. In recent years, it has been recognized...

This paper investigates the tendencies of co-location between producer services and manufacturing across Swedish functional regions. The employment in these industries is modeled as being determined simultaneously, i.e. the location of producer services is a function of the location of...

The overall purpose of this work is to study the location pattern of new industries and how it changes over time. With this objective as motivation, a set of 27 industries are classified as belonging to the ICT-sector (information and communication technology). The goods and services supplied by...

Most models of duopolies with a spatial dimension refer to the 'linear' or 'circular' city. Moreover, in duopoly models with innovations, the spatial dimension is usually dropped. We bridge this gap by constructing a model with two regions, each hosting production of a differentiated quality...