Introduction to Institutions, Entrepreneurship and Firm Charlie Karlsson Growth: The Case of Sweden Zoltan J. Acs In 1970 Sweden was ranked as the third richest by the Swedish policies and institutional frame- OECD-country in terms of GDP/capita (adjusted work are likely to have hampered the efficient for purchasing power parity), almost 10 per cent allocation of resources, reduced productivity and above the OECD average. In the late 1990s about retarded economic growth and recovery. It is also 15 OECD-countries was ranked higher than likely that these distortions have had consequences Sweden and the Swedish GDP/capita was then for the size structure of firms and industrial dis- some 15 per cent below the OECD/average. tribution of employment. It looks as if Sweden’s Attempts by Swedish economists to explain the employment distribution is sharply tilted away unsatisfactory behaviour of the Swedish economy from lower wage industries, less capital-intensive since 1970 often claim that the institutional frame- industries and industries characterised by greater work in Sweden has had a strong negative growth employment shares for smaller firms and estab- impact during the actual period. The main argu- lishments. Compared to other OECD economies, ments put forward could be summarised as Sweden has
Small Business Economics – Springer Journals
Published: Oct 13, 2004
It’s your single place to instantly
discover and read the research
that matters to you.
Enjoy affordable access to
over 18 million articles from more than
15,000 peer-reviewed journals.
All for just $49/month
Query the DeepDyve database, plus search all of PubMed and Google Scholar seamlessly
Save any article or search result from DeepDyve, PubMed, and Google Scholar... all in one place.
Get unlimited, online access to over 18 million full-text articles from more than 15,000 scientific journals.
Read from thousands of the leading scholarly journals from SpringerNature, Elsevier, Wiley-Blackwell, Oxford University Press and more.
All the latest content is available, no embargo periods.
“Hi guys, I cannot tell you how much I love this resource. Incredible. I really believe you've hit the nail on the head with this site in regards to solving the research-purchase issue.”Daniel C.
“Whoa! It’s like Spotify but for academic articles.”@Phil_Robichaud
“I must say, @deepdyve is a fabulous solution to the independent researcher's problem of #access to #information.”@deepthiw
“My last article couldn't be possible without the platform @deepdyve that makes journal papers cheaper.”@JoseServera