Introduction to Institutions, Entrepreneurship and Firm Growth: The Case of Sweden

Introduction to Institutions, Entrepreneurship and Firm Growth: The Case of Sweden 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 http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Small Business Economics Springer Journals

Introduction to Institutions, Entrepreneurship and Firm Growth: The Case of Sweden

Loading next page...
 
/lp/springer_journal/introduction-to-institutions-entrepreneurship-and-firm-growth-the-case-H41hZgvvkM
Publisher
Springer Journals
Copyright
Copyright © 2002 by Kluwer Academic Publishers
Subject
Business and Management; Management; Microeconomics; Entrepreneurship; Industrial Organization
ISSN
0921-898X
eISSN
1573-0913
D.O.I.
10.1023/A:1016202618249
Publisher site
See Article on Publisher Site

Abstract

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

Journal

Small Business EconomicsSpringer Journals

Published: Oct 13, 2004

References

You’re reading a free preview. Subscribe to read the entire article.


DeepDyve is your
personal research library

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

Explore the DeepDyve Library

Search

Query the DeepDyve database, plus search all of PubMed and Google Scholar seamlessly

Organize

Save any article or search result from DeepDyve, PubMed, and Google Scholar... all in one place.

Access

Get unlimited, online access to over 18 million full-text articles from more than 15,000 scientific journals.

Your journals are on DeepDyve

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.

See the journals in your area

DeepDyve

Freelancer

DeepDyve

Pro

Price

FREE

$49/month
$360/year

Save searches from
Google Scholar,
PubMed

Create lists to
organize your research

Export lists, citations

Read DeepDyve articles

Abstract access only

Unlimited access to over
18 million full-text articles

Print

20 pages / month

PDF Discount

20% off