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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
variables, and the direction of the causality are considered unidirectional and from institutions to the entrepreneurship … causality between institutions and entrepreneurship regarding to the level of economic development (Factor-driven, Efficiency … institutions and entrepreneurship is confirmed only in the innovation-driven countries, and only in the long-run. …
Persistent link: https://www.econbiz.de/10012008906
This paper analyzes the role of different types of institutions, such as entrepreneurship- facilitating entry … countries measured by data from EU Statistics on Income and Living Conditions (EU-SILC). We find that institutions never … affected both occupational groups in opposite ways. Our findings indicate that labor market institutions do not play an …
Persistent link: https://www.econbiz.de/10012109747
) informal institutions. Overall, the proposed institutional changes move in a liberalizing direction; however, one …
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 …
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...
Persistent link: https://www.econbiz.de/10011917046
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
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
While markets are all around us, not all markets are the same. Markets come in a variety of colors based on the legality of activities in the specific market. As such, there is no market economy per se, but instead various shades of markets. The different shades of markets that are evidenced in...
Persistent link: https://www.econbiz.de/10014612503