This paper presents annual Swedish time series data on the top marginal tax wedge and marginal tax wedges on labour income for a low-, average- and high-income earner for the period 1862-2010. These data are unique in their consistency, thoroughness and timespan covered. We identify four...

Purpose The purpose of this paper is to show that entrepreneurship can be fruitfully analyzed by positing that entrepreneurs are searching for rates of return exceeding the risk-adjusted market rate of return, i.e., they try to create or discover economic rents. Design/methodology/approach A...

Part 1: Introductory Chapter: 1. Moonshots and the New Industrial Policy: Questioning the Mission Economy -- Part 2: Theoretical Perspectives -- 2. State and Markets: Not Whether But How -- 3. Engineering Is Not Entrepreneurship -- 4. A Behavioral Economics Perspective on the Entrepreneurial...

High-growth firms (HGFs) are critical for net job creation and economic growth. We analyze HGFs using the theory of competence blocs, linking firm growth to property rights and the interaction of complementary expertise. Specifically, we discuss how the institutional framework affects the...