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An Innovation Policy Framework: Bridging the Gap between Industrial Dynamics and Growth

Braunerhjelm, Pontus; Henrekson, Magnus - 2015

of highly valued products. In so doing, we suggest an innovation policy framework based on two pillars: (i) the … accumulation, investment, and upgrading of knowledge and (ii) the implementation of mechanisms that enable knowledge to be … exploited such that growth and societal prosperity are encouraged. Knowledge is a necessary but far from sufficient condition …

Persistent link: https://www.econbiz.de/10010504476

What is the cost of privatization for workers?

Olsson, Martin; Tåg, Joacim - 2018

The world is in the midst of a new wave of privatization, with record dollar amounts raised in both developed and developing countries.Using rich Swedish registry data covering two decades from the mid-1990s, we show that privatizations increased unemployment incidence by almost a fifth, and...

Persistent link: https://www.econbiz.de/10011917077

From Wall Street to work floor: How private equity buyouts affect workers

Olsson, Martin; Tåg, Joacim - 2023

Private equity buyouts have sparked debates among labor unions and worker representatives on how they affect workers. This chapter provides an overview of academic evidence on how private equity buyouts affect workers. We review the theoretical reasons why employees could be affected and then...

Persistent link: https://www.econbiz.de/10014542140

Intrapreneurship: Productive, Unproductive, and Destructive

Elert, Niklas; Stenkula, Mikael - 2020

Researchers increasingly recognize that entrepreneurial employees, intrapreneurs, play a critical role in innovation …

Persistent link: https://www.econbiz.de/10012615435

Jobs Incorporated: Incorporation Status and Job Creation

Åstebro, Thomas; Tåg, Joacim - 2015

Recent research has shown that entrepreneurs who start incorporated firms are fundamentally different from entrepreneurs who start sole proprietorships. This difference suggests that incorporation status may distinguish the self-employed with no ambition to hire from entrepreneurs who plan to...

Persistent link: https://www.econbiz.de/10010504485

Does College Education Reduce Small Business Failure?

Asoni, Andrea; Sanandaji, Tino - 2014

We estimate the effect of college education on business survival using the NLSY79. The endogeneity of both education and business ownership is accounted for by a competing risks duration model augmented with a college selection equation. Contrary to the previous literature, we fi nd no effect of...

Persistent link: https://www.econbiz.de/10010504519

Entrepreneurship, Wage Employment and Control in an Occupational Choice Framework

Douhan, Robin; van Praag, Mirjam - 2009

We combine two empirical observations in a general equilibrium occupational choice model. The first is that entrepreneurs have more control than employees over the employment of and accruals from assets, such as human capital. The second observation is that entrepreneurs enjoy higher returns to...

Persistent link: https://www.econbiz.de/10010320274

Compulsory Education and Jack-of-all-trades Entrepreneurs

Douhan, Robin - 2009

Can educational institutions explain occupational choice between wage employment and entrepreneurship? This paper follows Lazear's (2005) Jack-of-all-trades hypothesis according to which an individual with a more balanced set of abilities is more likely to enter into entrepreneurship. In the...

Persistent link: https://www.econbiz.de/10010320287

Intelligence, Self-confidence and Entrepreneurship

Asoni, Andrea - 2011

I investigate the effect of human capital on entrepreneurship using the National Longitudinal Survey of Youth - 1979. I find that individuals with higher measured intelligence and self-confidence are more likely to be entrepreneurs. Furthermore I present evidence suggesting that intelligence and...

Persistent link: https://www.econbiz.de/10010320404

Product market reforms and incentives to innovate in Sweden

Edquist, Harald; Henrekson, Magnus - 2013

The Swedish economy has developed rapidly since the mid-1990s relative to most comparable countries, in particular relative to almost all other EU-15 countries. We investigate two policy areas that are believed to have been important for the strong economic development in Sweden during the last...

Persistent link: https://www.econbiz.de/10010335613