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Innovation Performance and Government Financing
Svensson, Roger - 2006
External financing is important when inventors and small technology-based firms wish to commercialize their inventions. However, it is likely that problems related to adverse selection and moral hazard are present, and market failures occur, since inventors know more about the inventions than do...
Persistent link: https://www.econbiz.de/10010320027
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Commercialization of Patents and External Financing during the R&D-Phase
Svensson, Roger - 2020
. For external financing of patent projects and small technology-based firms, Sweden has during long time relied on … government support rather than private venture capital firms. The empirical results show that the larger share of the patent … reasons to the bad performance are: 1) the design of the government loans, where the patent owner can escape from paying back …
Persistent link: https://www.econbiz.de/10012825155
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The Scientific Output of a Database on Commercialized Patents
Svensson, Roger - 2020
commercialized as well as whether this commercialization was profitable or not. Thus, this patent database measures technological … innovation. The dataset is complemented with indicators of patent quality (patent renewal, forward citations, and patent family …
Persistent link: https://www.econbiz.de/10012825823
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Learning from overrated mission-oriented innovation policies: Seven takeaways
Henrekson, Magnus; Sandström, Christian; Stenkula, Mikael - 2023
This paper integrates findings from several different case studies on Mission-Oriented Innovation Policies (MOIPs) and makes use of existing literature to briefly describe three other missions: The War on Cancer, homeownership in the United States, and the Swedish Million Program. Together with...
Persistent link: https://www.econbiz.de/10014542128
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Moonshots and the new industrial policy: Questioning the mission economy
Henrekson, Magnus; Sandström, Christian; Stenkula, Mikael - 2024
The notion that society should be organized around large so-called missions has gained momentum in public debate, and the reemergence of active industrial policy across the world has been inspired by academic scholars promoting the idea of Mission-Oriented Innovation Policies (MOIPs). The volume...
Persistent link: https://www.econbiz.de/10014542169
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Improved Framework Conditions for a More Entrepreneurial, Innovative and Sustainable EU
Elert, Niklas; Henrekson, Magnus - 2021
In the wake of the corona crisis, the European Union must regain lost ground and create more favorable conditions for inclusive and sustainable economic growth. The best way to achieve this goal is by increasing the Union's innovativeness. This effort requires extensive and broad-based...
Persistent link: https://www.econbiz.de/10012615452
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Improved Framework Conditions for a More Entrepreneurial, Innovative and Sustainable EU
Elert, Niklas; Henrekson, Magnus - 2021
In the wake of the corona crisis, the European Union must regain lost ground and create more favorable conditions for inclusive and sustainable economic growth. The best way to achieve this goal is by increasing the Union’s innovativeness. This effort requires extensive and broad-based...
Persistent link: https://www.econbiz.de/10013236458
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Institutional reform for innovation and entrepreneurship: An agenda for Europe
Elert, Niklas; Henrekson, Magnus; Stenkula, Mikael - 2017
It is imperative that the economies of the European Union become more entrepreneurial to promote innovation and economic growth. To achieve these goals, we propose a reform strategy with respect to (i) the rule of law and the protection of property rights; (ii) the tax system; (iii) regulations...
Persistent link: https://www.econbiz.de/10011917026
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Entrepreneurship and institutions: A bidirectional relationship
Elert, Niklas; Henrekson, Magnus - 2017
The interplay between entrepreneurship and institutions is crucial for economic development; however, the view that institutions determine the extent to which entrepreneurial activity is productive is only part of the story. We argue that causality is bidirectional, in that entrepreneurship is...
Persistent link: https://www.econbiz.de/10011917029
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Schumpeterian entrepreneurship in Europe compared to other industrialized regions
Henrekson, Magnus; Sanandaji, Tino - 2017
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...
Persistent link: https://www.econbiz.de/10011917046