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Henrekson, Magnus - 2007

In this paper entrepreneurs are defined as agents who bring about economic change by combining their own effort with other factors of production in search of economic rents. The institutional setup is argued to determine both the supply and direction of entrepreneurial activity. Four key...

Persistent link: https://www.econbiz.de/10010320095

Competencies and Institutions Fostering High-growth Firms

Henrekson, Magnus; Johansson, Dan - 2008

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...

Persistent link: https://www.econbiz.de/10010320252

Taxation, Labor Market Policy and High-Impact Entrepreneurship

Henrekson, Magnus; Johansson, Dan; Stenkula, Mikael - 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 key ac-tors who use their competencies in...

Persistent link: https://www.econbiz.de/10010320262

Entrepreneurship and Public Policy

Henrekson, Magnus; Stenkula, Mikael - 2009

Public policy is currently shifting from SME policy towards entrepreneurship policy, which supports entrepreneurship without directing attention to quantitative goals and specific firms or employment groups. The institutional framework set by public policy affects the prevalence and performance...

Persistent link: https://www.econbiz.de/10010320341

Schumpeterian Entrepreneurship: Coveted by Policymakers but Impervious to Top-Down Policymaking

Henrekson, Magnus; Kärnä, Anders; Sanandaji, Tino - 2021

contrarian, whereas public policy has a bias toward incremental innovation and replication of past success. If central planners … knew what the next radical innovation would be, there would be no need for Schumpeterian entrepreneurs. Schumpeterian … are too complex to design, and central planning instead reduces the space for organic institutional innovation. …

Persistent link: https://www.econbiz.de/10012615463

The interaction of Schumpeterian institutional entrepreneurship and Hayekian institutional change in innovative industries

Henrekson, Magnus; Lakomaa, Erik; Sanandaji, Tino - 2021

Innovation often takes place in entrepreneurial ecosystems. We use the history of the Silicon Valley venture capital …

Persistent link: https://www.econbiz.de/10012703461

The collaborative innovation bloc: A new mission for Austrian economics

Elert, Niklas; Henrekson, Magnus - 2018

innovation bloc into their study of spontaneous market order. We demonstrate how successful entrepreneurship depends on an … innovation bloc of this kind, a system of innovation that evolves and within which activity takes place through time. The … innovation bloc consists of five pools of economic skills from which people are drawn or recruited to form part of a …

Persistent link: https://www.econbiz.de/10011917098

Measuring entrepreneurship: Do established metrics capture high-impact Schumpeterian entrepreneurship?

Henrekson, Magnus; Sanandaji, Tino - 2019

Are quantitative measures driven by small business activity also valid proxies for high-impact Schumpeterian entrepreneurship? We compile four hand-collected measures of high-impact Schumpeterian entrepreneurship (VC-funded IPOs, self-made billionaire entrepreneurs, unicorn start-ups, and young...

Persistent link: https://www.econbiz.de/10012145495

The collaborative innovation bloc: A reply to our commentators

Elert, Niklas; Henrekson, Magnus - 2019

We are grateful for the comments to our article, and for the opportunity to respond to them. In our original contribution, we argued that the application of the EOE perspective could help make Austrian economics more concrete, relevant and persuasive, especially regarding policy prescriptions....

Persistent link: https://www.econbiz.de/10012145510

Stock option taxation : a missing piece in European innovation policy?

Henrekson, Magnus; Sanandaji, Tino - In: Small business economics : an entrepreneurship journal 51 (2018) 2, pp. 411-424

Persistent link: https://www.econbiz.de/10011983506