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Entrepreneurial Innovations, Competition and Competition Policy

Norbäck, Pehr-Johan; Persson, Lars - Institutet för Näringslivsforskning (IFN) - 2006

We show that, in the case when innovations are for sale, increased product market competition, captured by reduced product market profits, can increase the incentives for innovations. The reason is that the incentive to innovate depends on the acquisition price which, in turn, might increase...

Persistent link: https://www.econbiz.de/10005419538

Using Self-employment as Proxy for Entrepreneurship: Some Empirical Caveats

Bjuggren, Carl Magnus; Johansson, Dan; Stenkula, Mikael - Institutet för Näringslivsforskning (IFN) - 2010

Research on entrepreneurship has received an increased amount of interest in recent years, with self-employment being … used as the most common proxy for “entrepreneurship” in empirical studies. However, there are various ways of defining self …

Persistent link: https://www.econbiz.de/10008511660

Characteristics and Performance of New Firms and Spinoffs in Sweden

Andersson, Martin; Klepper, Steven - Institutet för Näringslivsforskning (IFN) - 2012

We analyze the rate of formation, the characteristics, and the performance of different types of new firms in Sweden over a decade. Comparisons to Denmark, Brazil, and the U.S. suggest that the environment for new firm formation in Sweden is not markedly different than elsewhere. In line with...

Persistent link: https://www.econbiz.de/10010818352

Why Entrepreneurs Choose Risky R&D Projects - But Still Not Risky Enough

Färnstrand Damsgaard, Erika; Norbäck, Pehr-Johan; … - Institutet för Näringslivsforskning (IFN) - 2012

. We also show that commercialization support induces entrepreneurship but may lead to mediocre entrepreneurship by … inducing entrepreneurs to choose less risky projects, whereas R&D support encourages entrepreneurship without affecting the … type of entrepreneurship. Using Swedish patent citation data, we find empirical support for predictions of the model. …

Persistent link: https://www.econbiz.de/10010818447

Local Competitiveness Fostered through Local Institutions for Entrepreneurship

Andersson, Martin; Henrekson, Magnus - Institutet för Näringslivsforskning (IFN) - 2014

We review and assess the role local institutional framework conditions play in fostering local entrepreneurship. The … basic premise is that entrepreneurship is a central driver of economic renewal and change, and that institutions affect both … the supply and direction of entrepreneurship. While local institutions always develop and operate against the backdrop of …

Persistent link: https://www.econbiz.de/10011184638

Taxation, Labor Market Policy and High-Impact Entrepreneurship

Henrekson, Magnus; Johansson, Dan; Stenkula, Mikael - Institutet för Näringslivsforskning (IFN) - 2010

Public policy affects the prevalence and performance of both productive and high-impact entrepreneurship. High …-impact entrepreneurship prospers when knowledge is successfully generated and exploited in the economy. This process depends on complementary …-impact entrepreneurship. …

Persistent link: https://www.econbiz.de/10008605950

Entrepreneurial Innovations and Taxation

Haufler, Andreas; Norbäck, Pehr-Johan; Persson, Lars - Institutet för Näringslivsforskning (IFN) - 2012

Many governments promote small businesses for the dual reasons of fostering ‘breakthrough’ innovations and employment growth. In this paper we study the effects of tax and subsidy policies on entrepreneurs’ choice of riskiness of an innovation project and on their mode of commercializing...

Persistent link: https://www.econbiz.de/10009399312

Entrepreneurial Innovations, Entrepreneurship Policy and Globalization

Douhan, Robin; Norbäck, Pehr-Johan; Persson, Lars - Institutet för Näringslivsforskning (IFN) - 2009

What explains the world-wide trend of pro-entrepreneurial policies in the last few decades? We study entrepreneurial policy in a lobbying model taking into account the con.ict of interest between entrepreneurs and incumbents. It is shown that international market integration leads to more...

Persistent link: https://www.econbiz.de/10004963484

Creative Destruction and Productive Preemption

Norbäck, Pehr-Johan; Persson, Lars; Svensson, Roger - Institutet för Näringslivsforskning (IFN) - 2009

We develop a theory of commercialization mode (entry or sale) of entrepreneurial inventions into oligopoly, and show that an invention of higher quality is more likely to be sold (or licensed) to an incumbent due to strategic product market effects on the sales price. Moreover, preemptive...

Persistent link: https://www.econbiz.de/10004964394

Firm Growth, Institutions and Structural Transformation

Henrekson, Magnus; Johansson, Dan - Institutet för Näringslivsforskning (IFN) - 2010

This essay argues that the economic contribution of certain firms – be they small, young or rapidly growing – has to be understood in a broader context of creative destruction. Growth of some firms requires contraction and exit of some other firms to free up resources that can be reallocated...

Persistent link: https://www.econbiz.de/10008520887