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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
) informal institutions. Overall, the proposed institutional changes move in a liberalizing direction; however, one … to promote entrepreneurship, innovation and growth. …
Persistent link: https://www.econbiz.de/10011917026
By the late 1960s, real effective taxation of income from individual firm owner-ship in Sweden approached 100 percent. A series of tax reforms initiated in the late 1970s reversed this situation. This paper has a threefold purpose: (1) to elucidate the thinking behind the vision of creating a...
Persistent link: https://www.econbiz.de/10011917040
countries have rates of VC activity commensurable to their deep finan-cial markets, strong legal institutions and high R …. Innovative entrepreneurship is a complex activity that normally requires support structures and collaboration by actors providing …
Persistent link: https://www.econbiz.de/10011917044
We examine whether Europe has an "entrepreneurship deficit" compared to other industrialized regions. Cross …-country comparisons are difficult due to the lack of standard empirical definitions of entrepreneurship. Measures focusing on small … business activity and startup rates suggest that Europe has the same or higher rates of entrepreneurship than the U.S. and East …
Persistent link: https://www.econbiz.de/10011917046
investigating how the interplay of institutions and productive entrepreneurship results in economic growth. … and finance"- approach to entrepreneurship. We argue that more fundamental reforms are required to improve the … ventures. That is followed by three papers that focus on the institutions that (fail to) channel financial resources to such …
Persistent link: https://www.econbiz.de/10011917079
innovation bloc into their study of spontaneous market order. We demonstrate how successful entrepreneurship depends on an …
Persistent link: https://www.econbiz.de/10011917098
incorporates greater complexity in studying the link between taxes and business activity - particularly entrepreneurship. Dividend …
Persistent link: https://www.econbiz.de/10011442485
conceptual model to illustrate and map the interdependence between evasive entrepreneurship and the regulatory response it …, yet its founders became convicted criminals because of it. Applying the evasive entrepreneurship framework to this case … improves our understanding of the relationship between policymaking and entrepreneurship in the digital age, and is a first …
Persistent link: https://www.econbiz.de/10011442487
One response to uncertainty and transactions costs in VC-finance is to compensate founders (and other key personnel) with stock options under complex contracts. Entrepreneurs are granted stock options contingent on firm performance, vesting and other criteria. While most countries tax stock...
Persistent link: https://www.econbiz.de/10011442493