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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
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Institutional reform for innovation and entrepreneurship: An agenda for Europe
Elert, Niklas; Henrekson, Magnus; Stenkula, Mikael - 2017
) informal institutions. Overall, the proposed institutional changes move in a liberalizing direction; however, one … country differences that affect the viability of reform without abandoning the long-term goal of institutional liberalization …
Persistent link: https://www.econbiz.de/10011917026
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Taxation of Swedish firm owners: The great reversal from the 1970s to the 2010s
Henrekson, Magnus - 2017
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
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Stock option taxation: A missing piece in European innovation policy?
Henrekson, Magnus; Sanandaji, Tino - 2017
countries have rates of VC activity commensurable to their deep finan-cial markets, strong legal institutions and high R …
Persistent link: https://www.econbiz.de/10011917044
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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
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Financial and institutional reforms for an entrepreneurial society
Economidou, Claire; Grilli, Luca; Henrekson, Magnus; … - 2018
ventures. That is followed by three papers that focus on the institutions that (fail to) channel financial resources to such … ventures and two papers that analyze the relevance of labor market institutions. The special issue concludes with two papers … investigating how the interplay of institutions and productive entrepreneurship results in economic growth. …
Persistent link: https://www.econbiz.de/10011917079
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The collaborative innovation bloc: A new mission for Austrian economics
Elert, Niklas; Henrekson, Magnus - 2018
We argue that scholars in the Austrian tradition of economics should incorporate the notion of a collaborative 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...
Persistent link: https://www.econbiz.de/10011917098
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Bottom-up policies trump top-down missions
Henrekson, Magnus; Stenkula, Mikael - 2023
Mission-oriented innovation policies are becoming increasingly popular among policymakers and scholars. We maintain that these policies are based on an overly mechanistic view of innovation and economic growth, suggesting that a more bottom-up approach is called for. By invoking an...
Persistent link: https://www.econbiz.de/10014542162
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Owner-level taxes and business activity
Henrekson, Magnus; Sanandaji, Tino - 2015
In some classes of models, taxes at the owner level are "neutral" and have no effect on firm activity. However, this tax neutrality is sensitive to assumptions and no longer holds in more complex models. We review recent research that incorporates greater complexity in studying the link between...
Persistent link: https://www.econbiz.de/10011442485
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Two sides to the evasion: The pirate bay and the interdependencies of evasive entrepreneurship
Elert, Niklas; Henrekson, Magnus; Lundblad, Joakim - 2016
Evasive entrepreneurs innovate by circumventing or disrupting existing formal institutional frameworks by evading them. Since such evasions rarely go unnoticed, they usually lead to responses from lawmakers and regulators. We introduce a conceptual model to illustrate and map the interdependence...
Persistent link: https://www.econbiz.de/10011442487