| 1. |
- Berggren, Christian, 1950-, et al.
(författare)
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Co-development and composite clusters-the secular strength of Nordic telecommunications
- 2003
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Ingår i: Industrial and Corporate Change. - : Oxford University Press (OUP). - 0960-6491 .- 1464-3650. ; 12:1, s. 91-114
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Tidskriftsartikel (refereegranskat)abstract
- During the 1980s and 1990s Finland and Sweden were on the international frontier in telecommunications, pioneering the first-generation cellular system and leading in the development of the second generation. This strength in telecommunications has developed under various regulatory regimes in a complex industrial history, going back to the nineteenth century. To account for this Fenno-Swedish telecom trajectory, the article starts out with Porter's model of industrial competitiveness and theories of public procurement, and then focus the attention and analysis in two directions: (i) the historical role of advanced, research-intensive users and competitive public-private development pairs, and (ii) the emergence and significance of a composite binational clusters and their local agglomerations in the accelerated industry growth in the 1990s.
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| 2. |
- Braunerhjelm, Pontus, et al.
(författare)
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Entrepreneurship, institutions, and economic dynamism : lessons from a comparison of the United States and Sweden
- 2013
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Ingår i: Industrial and Corporate Change. - : Oxford University Press (OUP). - 0960-6491 .- 1464-3650. ; 22:1, s. 107-130
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Tidskriftsartikel (refereegranskat)abstract
- The purpose of the research endeavor published in this Special Section is to further our understanding of the extent, character, and orientation of entrepreneurial activity in today's wealthy countries. This is done by means of several detailed studies of institutions of particular importance for entrepreneurship and innovation-based firm growth, and its impact on the economy. All coauthors are renowned specialists in the area with deep knowledge of the pertinent institutions in Sweden and the United States, the two countries compared.
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| 3. |
- Carlsson, Bo, et al.
(författare)
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Knowledge creation, entrepreneurship, and economic growth : a historical review
- 2009
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Ingår i: Industrial and Corporate Change. - : Oxford University Press (OUP). - 0960-6491 .- 1464-3650. ; 18:6, s. 1193-1229
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Tidskriftsartikel (refereegranskat)abstract
- This article explores the relationship between knowledge creation, entrepreneurship, and economic growth in the United States over the last 150 years. Distinguishing between general knowledge and economically useful knowledge, we examine the changes over time in the locus and content of new knowledge creation: the role of universities, particularly engineering schools and land-grant universities, industrial laboratories, and corporate research and development (R&D) laboratories prior to World War II. The practical orientation of US academic R&D and the close research interaction between academia and industry are noted. We study the unprecedented increase in R&D spending in the United States during and after World War II and how it was converted into economic activity via incumbent firms in the early postwar period and increasingly via new ventures in the last few decades.
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| 4. |
- Carlsson, Bo, et al.
(författare)
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The Knowledge Filter, Entrepreneurship and Economic Growth
- 2009
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Ingår i: Industrial and Corporate Change. - 0960-6491 .- 1464-3650. ; 18, s. 1193-1229
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Tidskriftsartikel (refereegranskat)abstract
- This paper explores the relationship between knowledge creation, entrepreneurship, and economic growth in the United States over the last 150 years. According to the “new growth theory,” investments in knowledge and human capital generate economic growth via spillovers of knowledge. But the theory does not explain how or why spillovers occur, or why large investments in R&D do not always result in economic growth. What is missing is “the knowledge filter” - the distinction between general knowledge and economically useful knowledge. Also missing is a mechanism (such as entrepreneurship) converting economically relevant knowledge into economic activity. This paper shows that the unprecedented increase in R&D spending in the United States during and after World War II was converted into economic activity via incumbent firms in the early postwar period and increasingly via new ventures in the last few decades.
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| 5. |
- Colombo, Massimo, et al.
(författare)
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Open Business Model and Venture Capital Finance
- 2016
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Ingår i: Industrial and Corporate Change. - : Oxford University Press. - 0960-6491 .- 1464-3650. ; 25:2, s. 353-370
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Tidskriftsartikel (refereegranskat)abstract
- We investigate the differences in venture capital (VC) governance of investee firms with Open Business Models, specifically Open Source Software (OSS), versus closed business models. Due to OSS's pronounced complexity and uncertainty, we conjecture that VC-backed OSS firms are more frequently staged and syndicated. We present robust empirical evidence from the United States that OSS ventures have more financing rounds and are more likely to be syndicated, and mixed evidence that OSS ventures have a larger number of syndicated investors.
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| 6. |
- Glimstedt, Henrik, et al.
(författare)
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The decision to make or buy a critical technology: semiconductors at Ericsson, 1980–2010
- 2010
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Ingår i: Industrial and Corporate Change. - : Oxford University Press (OUP). - 0960-6491 .- 1464-3650. ; 19:2, s. 431-464
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Tidskriftsartikel (refereegranskat)abstract
- This article considers the decisions to outsource and re-integrate the development of critical and innovative technologies. It documents a historical sequence of choices made by strategists within a high-tech company, Ericsson. The evidence discussed indicates that a broad range of different factors were taken into consideration and that the influential people made a point of running different kinds approaches to outsourcing in parallel. Re-integration occurred when the structures put in place by collaborating firms did not sustain innovation.
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| 7. |
- Moretti, Enrico, et al.
(författare)
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Local multipliers and human capital in the United States and Sweden
- 2013
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Ingår i: Industrial and Corporate Change. - : Oxford University Press (OUP). - 0960-6491 .- 1464-3650. ; 22:1, s. 339-362
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Tidskriftsartikel (refereegranskat)abstract
- We show that every time a local economy generates a new job by attracting a new business in the traded sector, a significant number of additional jobs are created in the non-traded sector. This multiplier effect is particularly large for jobs with high levels of human capital and for high-technology industries. These findings are important for local development policies, as they suggest that to increase local employment levels, municipalities should target high-technology employers with high levels of human capital.
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| 8. |
- Wagner, Joachim
(författare)
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Credit constraints and exports : a survey of empirical studies using firm-level data
- 2014
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Ingår i: Industrial and Corporate Change. - : Oxford University Press. - 0960-6491 .- 1464-3650. ; 23:6, s. 1477-1492
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Tidskriftsartikel (refereegranskat)abstract
- Business managers are well aware of the fact that credit constraints can hamper or even prevent exporting. Economists only recently started to incorporate these arguments in theoretical models of heterogeneous firms and to test the implications of these models econometrically with firm-level data. Starting with the pioneering study by Greenaway, Guariglia, and Kneller (Journal of International Economics, 2007), a growing number of empirical papers looked at the links between financial constraints and export activities using data at the level of the firm. This article presents a tabular survey of 32 empirical studies that cover 14 different countries plus five multi-country studies. The big picture can be summarized as follows: financial constraints are important for the export decisions of firms: exporting firms are less financially constrained than non-exporting firms. Studies that look at the direction of this link usually report that less constrained firms self-select into exporting, but that exporting does not improve financial health of firms. The article argues that the results at hand should not be considered as stylized facts that can guide policy makers in an evidence-based way and suggests a strategy to further improve our knowledge in this area.
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| 9. |
- Zhou, Yuan, et al.
(författare)
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China’s leadership in the hydropower sector : identifying green windows of opportunity for technological catch-up
- 2020
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Ingår i: Industrial and Corporate Change. - : Oxford University Press (OUP). - 0960-6491 .- 1464-3650. ; 29:5, s. 1319-1343
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Tidskriftsartikel (refereegranskat)abstract
- From the sectoral systems of innovation perspective, the windows of opportunity (hereafter referred to as WoOs) for industrial latecomers to catch-up could be opened up through abrupt changes in the technological, market, and institutional dimensions. Existing literature discusses different dimensional changes in isolation. Nevertheless, for green industries, the systemic interplay of these dimensions is of key importance; yet few studies have probed into this. These limitations in the literature are largely rooted in the lack of novel methods to detect and specify these abrupt changes, especially in a quantitative way. This paper, therefore, proposes a framework combining natural language processing methods with experts’ knowledge to detect these abrupt changes—named turbulences—by using multi-source heterogeneous data, in order to better identify the co-occurrences and interactions of turbulences across the technological, market, and institutional dimensions that have a high probability to open up WoOs. We apply this framework to analyze China’s hydropower sector as a case study. The hydropower sector is considered a “green” energy sector, in which China, as this study finds, has recently gained technological leadership. By analyzing the interactions between these multiple dimensions of WoOs, we discover that institutional turbulences proactively intertwine with other turbulences, and collectively form Green WoOs for the successful catch-up of China’s hydropower sector.
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| 10. |
- Åstebro, Thomas, et al.
(författare)
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Does academic entrepreneurship pay?
- 2013
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Ingår i: Industrial and Corporate Change. - : Oxford University Press (OUP). - 0960-6491 .- 1464-3650. ; 22:1, s. 281-311
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Tidskriftsartikel (refereegranskat)abstract
- We investigate the private returns for academics that start new businesses. Total earnings for the universe of 478 individuals working at Swedish universities who quit to become full-time entrepreneurs between 1999 and 2008 are compiled. To the best of our knowledge, this is the first analysis of entrepreneurial returns to include capital gains. Entrepreneurship for academics appears a gradual process and episodic. Earnings are similar before and after becoming an entrepreneur, and dividends and capital gains are inconsequential. But the income risk is more than three times higher in entrepreneurship.
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