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"cutthroat capitalism" that generates greater inequality and more innovation and will become the technology leaders, while others …
Persistent link: https://www.econbiz.de/10013099537
This is an introduction to the forthcoming volume "The Role of Innovation and Entrepreneurship in Economic Growth." The … chapters collected in this volume seek to answer the following questions: What is the relationship between innovation/entrepreneurship … and economic growth in specific industrial sectors? How has the relationship between innovation /entrepreneurship and …
Persistent link: https://www.econbiz.de/10014243882
The econometric consensus on the effects of social spending confirms a puzzle we confront in the raw data: There is no clear net GDP cost of high tax-based social spending on GDP, despite a tradition of assuming that such costs are large. The paper offers five keys to this free lunch puzzle....
Persistent link: https://www.econbiz.de/10013310538
imbalance may also stimulate economic growth by inducing more entrepreneurship and hard work. First, new domestic private firms …
Persistent link: https://www.econbiz.de/10013068516
. A second class of theories hypothesizes that some places are endowed with a greater supply of entrepreneurship. Evidence … on sales per worker does not support the higher returns for entrepreneurship rationale. Our evidence suggests that … entrepreneurship is higher when fixed costs are lower and when there are more entrepreneurial people …
Persistent link: https://www.econbiz.de/10013070743
firms (entrepreneurship) and the average quality of management (meritocracy). Legal reform also reduces financial … improve meritocracy at the expense of entrepreneurship. As a result, legal reform encounters less political opposition than …
Persistent link: https://www.econbiz.de/10012760453
-documented relationships between economic growth, innovation, entrepreneurship and venture capital. Yet despite good intentions, many of these … launch sustained successful efforts to promote entrepreneurship over sustained periods. I highlight several critical …
Persistent link: https://www.econbiz.de/10013310974
All employment growth in Sweden since the early 1960's is attributable to labor market entry of women, working in local public sector jobs that implement the Welfare State. Sweden has 'monetized' or 'nationalized' the family. Women are paid at public expense to provide household services for...
Persistent link: https://www.econbiz.de/10013243939
Sweden has a remarkable record in reducing inequality and virtually eliminating poverty. This paper shows that: 1) Sweden achieved its egalitarian income distribution and eliminated poverty largely because of its system of earnings and income determination, not because of the homogeneity of the...
Persistent link: https://www.econbiz.de/10013309574
innovation. After identifying pervasive market failures in innovation, it explains why those associated with the Nordic model may … be particularly conducive to innovation, and demonstrates that, in general, the optimal policies of the leader should … industrial policies, public investments, and systems of social protection), not only leading to more innovation, but ensuring …
Persistent link: https://www.econbiz.de/10013047034