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The Global Award for Entreprenurship Research
Henrekson, Magnus; Lindström, Anders - 2008
The International Award for Entrepreneurship and Small Business Research was instituted in 1996, and it is now firmly established as the leading Prize for outstanding research contributions in the area. Thanks to a generous donation from the Swedish entrepreneur Rune Andersson it has been...
Persistent link: https://www.econbiz.de/10010320349
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The entrepreneurial rent: The value of and compensation for entrepreneurship
Henrekson, Magnus; Stenkula, Mikael - 2016
The surplus that is created in a successful entrepreneurial venture is much higher than the profit corresponding to the risk-adjusted market rate of return. The part of the surplus that exceeds this level may be denoted "entrepreneurial rent." Such rents normally disappear in the long run but...
Persistent link: https://www.econbiz.de/10011794594
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How labor market institutions affect job creation and productivity growth
Henrekson, Magnus - In: IZA World of Labor (2020)
Economic growth requires factor reallocation across firms and continuous replacement of technologies. Labor market institutions influence economic dynamism by their impact on the supply of a key factor, skilled workers to new and expanding firms, and the shedding of workers from declining and...
Persistent link: https://www.econbiz.de/10012269596
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Entrepreneurship and Second-best Institutions: Going Beyond Baumol’s Typology
Douhan, Robin; Henrekson, Magnus - Institutet för Näringslivsforskning (IFN) - 2008
This paper reconsiders the predominant typology pioneered by Baumol (1990) between productive, unproductive and destructive entrepreneurship. Baumol’s classificatory scheme is built around a limited concept of first-best outcomes and therefore easily fails to appreciate the true impact of...
Persistent link: https://www.econbiz.de/10004969817
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Innovative Entrepreneurship as a Collaborative Effort: An Institutional Framework
Elert, Niklas; Henrekson, Magnus - 2020
We demonstrate how successful entrepreneurship depends on a collaborative innovation bloc (CIB), a system of innovation … skills from which people are drawn or recruited to form part of a collaborative team, which is necessary for innovation …
Persistent link: https://www.econbiz.de/10012615413
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Improved Framework Conditions for a More Entrepreneurial, Innovative and Sustainable EU
Elert, Niklas; Henrekson, Magnus - 2021
markets, and (vi) human capital for entrepreneurship. The reforms would likely strengthen Europe's innovation capacity at a …
Persistent link: https://www.econbiz.de/10012615452
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To Be or Not to Be: The Entrepreneur in Endogenous Growth Theory
Henrekson, Magnus; Johansson, Dan; Karlsson, Johan - 2021
. The results show that the literature leans towards Schumpeter (1942); innovation returns are modeled as following an ex … ante known probability distribution. By assuming that the outcomes of innovation activities are (probabilistically …
Persistent link: https://www.econbiz.de/10012615453
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Schumpeterian Entrepreneurship: Coveted by Policymakers but Impervious to Top-Down Policymaking
Henrekson, Magnus; Kärnä, Anders; Sanandaji, Tino - 2021
contrarian, whereas public policy has a bias toward incremental innovation and replication of past success. If central planners … knew what the next radical innovation would be, there would be no need for Schumpeterian entrepreneurs. Schumpeterian … are too complex to design, and central planning instead reduces the space for organic institutional innovation. …
Persistent link: https://www.econbiz.de/10012615463
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William J. Baumol: Innovative contributor to entrepreneurship economics
Henrekson, Magnus; Stenkula, Mikael - 2021
William J. Baumol was one of the most prolific economists of his generation, analyzing a broad range of central economic issues addressing real problems of the world. In this essay, we present and critically evaluate Baumol's research contributions in entrepreneurship economics and point to...
Persistent link: https://www.econbiz.de/10012703455
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The interaction of Schumpeterian institutional entrepreneurship and Hayekian institutional change in innovative industries
Henrekson, Magnus; Lakomaa, Erik; Sanandaji, Tino - 2021
Innovation often takes place in entrepreneurial ecosystems. We use the history of the Silicon Valley venture capital …
Persistent link: https://www.econbiz.de/10012703461