| 1. |
- 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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| 2. |
- 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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| 3. |
- 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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| 4. |
- 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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