Ola Bengtsson, 38, Professor of Finance and Director of Knut Wicksell Center for Financial Studies at Lund University and affiliated to IFN, passed away on January 5, 2014 after short illness. Ola Bengtsson’s research was mainly focused on corporate finance, law and entrepreneurship.
"It's incomprehensible and a great loss for us all. It is a privilege to have known Ola…
Research Fellows Busy as Public Speakers
Research fellows at IFN regularly participate as speakers and discussants in events organized externally. During the current week IFN-researchers will participate in a number of such events, for example: Magnus Henrekson, who has co-authored a book about taxes for the 21st century, will take part in the presentation of the book. Assar Lindbeck will speak about deregulation of the housing market at…
Self-employed doesn't equal entrepreneur
“Small business activity does not measure entrepreneurship” is the title of an article by Magnus Henrekson and Tino Sanandaji, both IFN, published in the prestigious American scientific journal Proceedings of the National Academy of Sciences (PNAS).
The two researchers discuss Schumpeterian entrepreneurship, referring to growing and innovative firms: “In empirical research the…
EU and the Super Entrepreneurs
Magnus Henrekson and Tino Sanandaji, IFN, argue in EU och de globala obalanserna – Europaperspektiv 2013 (EU and global imbalances. Perspective on Europe 2013) for a new way of measuring entrepreneurship that can pave the way for more super entrepreneurs. Lars Oxelheim, IFN and Lund University, is one of the editors of the book, which was presented on Wednesday at a seminar organized by…
New Report:No to Swedish Patent Boxes
The report Patentboxar som indirekt FOU-stöd (Patent boxes as indirect R & D support) is authored by Roger Svensson, IFN, and was presented by Swedish Entrepreneurship Forum at a seminar on February 6. The author shows that patent boxes are hardly a tax incentive that Sweden should introduce. It turns out that patent boxes do not necessarily create more R & D investment in the host…
The Economist Commenting on IFN-Study
The Economist blogg "Democracy in America" notes that when President Obama announced that Maria Contreras-Sweet would be his nominee to head the Small Business Administration (SBA) he extolled the virtues of small firms. They are “the lifeblood of our economy”, President Obama said. Observing that there are two kinds of small business owners The Economist refers to a study by…
Report on privatization in elderly care
Henrik Jordahl, IFN, and Mats Bergman, Södertörn University, unveiled on Thursday a new report on the Swedish market for elderly care. They reckon that "both home care and assisted living facilities [appear] as relatively appropriate to privatize." The two researchers believe that a return to public monopoly is not an answer to today’s obstacles and that the current…
The World Bank on Swedish business climate
The World Bank on behalf of the Swedish Government has conducted a study of the business environment. On Monday the first part of the report was presented at a seminar in Stockholm. Augusto Lopez - Claros from the World Bank explained that Sweden is doing well, but there is room for improvement. Magnus Henrekson , IFN , commented on the report. He was content that the government now is looking…
Global Award to Shaker Zahra
The 2014 Global Award for Entrepreneurship Research is awarded to Professor Shaker Zahra, Professor of Strategy and Robert E. Buuck Chair of Entrepreneurship at the Carlson School of Management at the University of Minnesota. Global Award is the leading international award in entrepreneurship research with a prize sum of EUR 100 000.
The IAEE Best Paper Awards committee has selected a working paper authored by Sara Fogelberg and Ewa Lazarczyk, both IFN, to receive a student paper award at the 37th IAEE International Conference. In addition to this award Sara Fogelberg and Ewa Lazarczyk will compete with three further recipients for the “Best Paper Award” that will be revealed at conference in June 2014. The title…
Gabriel Sahlgren in British Parliament
Gabriel Sahlgren, Research Director at the Centre for Market Reform of Education, London, and affiliated researcher at IFN will speak before the British Education Committee in parliament on Wednesday March 19. The topic is "Academies and free schools". The purpose of the session "is to explore whether academisation has had a positive impact on student attainment."
Statistics blog about the elections
During 2014 Richard Öhrvall, Statistics Sweden (SCB) and IFN, will be blogging about the upcoming elections in the Swedish newspaper Svenska Dagbladet. The blog's title is Three hundred and twelve. Why? "During 2014 we have 312 elections: Elections in 290 municipalities, 20 county councils/regions, Swedish parliament and the European parliament," explains Richard Öhrvall…
New research on welfare services
On Tuesday a new research report was presented – Welfare services: licensing, supervision and monitoring, authored by Eva Hagbjer. The report is published by SNS (Centre for Business and Policy Studies) within the framework of the joint project between IFN and SNS From Welfare State to Welfare Society. In the report the rules that ensure quality of welfare services are identified. Eva…
Research on trust attracts many readers
The most downloaded article in the scientific journal Economics Letters is written by Martin Ljunge, IFN. More than 1,500 people have so far downloaded the article published in the first issue of 2014. Ljunge writes about how democracy fosters trust. He has studied trust among second-generation immigrants and correlates it with democracy in the father's country of birth. He notes that…
Report on reimbursement in health care
There are no neutral compensation models. Each offers incentives and thus it is important to determine what you want to achieve, explained researcher Peter Lindgren, author of the report Reimbursement in health care - models, effects and recommendations, at a workshop on Wednesday. He asserted that different models suits different categories of care. The report is included in the IFN and SNS joint…
Clusters create an innovative milieu
Maryann Feldman, Heninger Distinguished Professor in the Department of Public Policy at the University of North Carolina, was the 2013 recipient of the Global Award for Entrepreneurship Research. Now here prize lecture is published in Small Business Economics focusing on her work on the role of entrepreneurial activity in the formation of regional industry clusters.
Policy makers should recognize that self-employment and innovative entrepreneurship are not synonymous; and that policies which encourage self-employment not necessarily promote entrepreneurship. This is the message in a brand new book SuperEntrepreneurs by Tino and Nima Sanandaji. “This book is also topical in light of the debate about increasing wealth inequality in industrialized…
Reform government funded support for entrepeneurs!
Roger Svensson, IFN, is the author of a study "Successful support for R & D, innovation and entrepreneurship," which was presented by the think tank Fores on Wednesday. Roger Svensson argues that many forms of support to R & D and innovation is not working well, and that several actions are poorly evaluated. He reasons that the rules for government venture capital funds should be…
Mölle -- a Swedish version of Davos
For the 16th time The Swedish Network for European Studies in Economics (SNEE) is arranging a four-day research conference in Mölle, Skåne, on May 20 to 23. The initiator and driving force of this endeavor is Professor Lars Oxelheim, IFN and Lund University. The conference that opened with a speech by the Minister for Financial Markets Peter Norman, is by many described as a Nordic…
Taxes stop many from becoming entrepreneurs
"Tax cuts affecting entrepreneurs have partially been aimed in the wrong direction," said Tino Sanandaji , IFN , when he and Magnus Henrekson, IFN, unveiled an ESO study – Entrepreneurship conditions - a new report on the Swedish equity taxation (ESO, the Expert Group for Public Economics). "With high taxes and a heavy regulatory burden more livelihood enterprises have been…
Reform assistance to small businesses
The Swedish government should invest in small and risky projects only in early phases, explained Roger Svensson, IFN , when he presented a report, “ Government funding in small businesses”, published by Timbro. He explained that Fourier Transform and InlandsInnovation, government VC funds, should be terminated as these funds invest in final stages, something that the market can…
New research on social exclusion
Maps of segregation were generated by the Liberal Party (Folkpartiet) until 2006, when there were 156 Swedish so called exclusion areas, i.e., neighborhoods characterized by profound socio-economic problems. Now, IFN-researcher Tino Sanandaji, in a report for Den Nya Välfärden, has replicated the FP method and updated the map for 2012. It turns out that the number of exclusion areas has…
Economists give election advice
"Elections in 2014 – advice by economists" is the theme of a new issue of Ekonomisk Debatt. Seven economists write about a number of hot topics, for example low teacher salaries that could be an explanation for the poor results in Swedish schools. They also give advice in regards to the importance of geographical clusters for business, the need for an ambitious climate policy and a…
International conference about electricity markets
I have come to find out what others are working on and to get feedback on my own work, said Frank A. Wolak, Stanford University when asked about IFN's annual international research conference held in Vaxholm. On an annual basis a group of international scholars are invited to join researchers from IFN to discuss their own and others' research. The theme of the conference this year (June…
Entrepreneurs generate growth
Entrepreneurship was the theme of a seminar that IFN arranged Tuesday. Besides Magnus Henrekson and Joacim Tåg, IFN, Lena Apler, Chairman Collector, was part of the panel. In an introductory presentation explained Magnus Henrekson that "entrepreneurship is not about small business, but the emergence of new major corporations". Four-fifths of the self-employed have not any employees…
New book: pro choice and competition in the Brittish education system
Gabriel H. Sahlgren, Director of Research at the Centre for Market Reform of Education and Affiliated to IFN, is editor and co-author of Tests worth teaching to: incentivising quality in qualifications and accountability. Diversity in qualifications and examinations (carried out by examination boards) is a unique feature of the UK.
Full house at seminar in Almedalen
A report written by Jannis Angelis and Henrik Jordahl, IFN was presented by SNS at a well-attended seminar during the first day of a week of policymaking and debate in Almedalen. The report – Att styra och leda äldreomsorg (Leadership and management in geriatric care) is part of the joint IFN and SNS research project called From welfare state to a welfare society. "Larger [private]…
"We cannot rest on our laurels"
The Swedish self-image as a future knowledge-driven economy is quite feasible to implement. Though, it requires a number of changes, writes Magnus Henrekson, IFN, in the book Position Sverige – Om innovation, hållbarhet och arbetsmarknad, presented in Almedalen last Tuesday (July 1). He explained that Sweden ranks high in terms of innovations and patents. But we are not good at the…
Researchers on site in Almedalen
A number of researchers from IFN participated in seminars and debates during the the Almedal week. Several of them commented on a range of issues in television: Andreas Bergh was featured in SVT's morning show and discussed the French economist Thomas Pikettys theories. Magnus Henrekson "grilled" Anders Wallner (MP) in SVT and discussed taxes in EFN television. Johanna Rickne gave an…
Swedish voucher-system debated
Today the Swedish education system is disputed and the pro-choice/voucher-system in particular – allowing parents and students the choice between any public or private school. In National Review Online Tino Sanandaji, IFN, argues that Sweden has an education crises, but it was not caused by school choice. “There is no doubt that the voucher reform was poorly implemented, but this…
New book: Sweden and the Revival of the Capitalist Welfare State
In the newly published book Sweden and the Revival of the Capitalist Welfare State, Andreas Bergh, IFN and Lund’s University, explains how a country can successfully combine increasing prosperity with a relatively egalitarian distribution. Unlike the French economist Thomas Piketty, Bergh shows that "the successful recipe of Sweden is not to tax capital highly, but rather to provide…
The glass ceiling exists!
Political power around the world is mostly in the hands of white middle-aged men. This fact might point to the existence of such a glass ceiling for other groups. In a new study Olle Folke and Johanna Rickne, IFN, research the existence of a glass ceiling. The researchers are studying whether a limit exists for women, and/or for the first and second generation of immigrants to Swedish…
How the teaching profession was dismantled
In a brand new book Johan Wennström, IFN, uncovers how politicians from both left and right undermined the professional pride and independence of Swedish schoolteachers for decades. According to the author, this has contributed to both the decline of the teaching profession in Sweden and the drop in knowledge among Swedish students. At a seminar in Stockholm, the book was discussed by Anna…
Sweden is still a capitalist welfare state
Costs started to soar in the 70s, explained Andreas Bergh and Assar Lindbeck at a seminar organized by IFN, when discussing about the Swedish welfare state. They agreed that the Swedish welfare system in some parts, needs to be reformed. "Though, it is difficult for politicians to reform without a crisis," said Lindbeck. At the seminar a new book authored by Andreas Bergh was presented…
New Ph.D. at IFN
Ewa Lazarczyk received her doctorate degree September 4 with the thesis Essays on Electricity Markets: Information and Trading. With a master's degree from the Warsaw School of Economics, she came to the Stockholm School of Economics in 2008. Ewa Lazarczyk is associated with IFN's research program The Economics of Electricity Markets.
Newly employed researchers at IFN
Niklas Elert and Özge Öner have recently beenbrought on as researchers at IFN. Niklas Elert received his doctorate in economics in September 2014 at Örebro University. The title of his dissertation is Economic Dynamism - Essays on Firm Entry and Firm Growth, and it addresses two key aspects of economic dynamics: creation and business growth, 1997 to 2010. Özge Öner…
Difficult but not impossible to evaluate quality in elderly care
It is difficult to measure the quality in elderly care. The participants agreed on this at a seminar organized by the SNS on the report Att styra och leda äldreomsorg. Hur går det till och vad kan förbättras?. (To govern and manage in elderly care. How does it work and what can be improved?) The report is part of IFN and SNS joint research program From welfare state to a…
Increased resources rarely increase knowledge
In this podcast Gabriel Sahlgren, PhD student at London School of Economics and an affiliate of IFN, and Johan Wennström, PhD student at Linköping University and employed at IFN, talks about education in Swedish schools and research in this field. They agree that there are extensive problems in the Swedish education system. Both point to the fact that "student-centered teaching…
Researchers on Piketty, taxes and inequality
The latest issue of Ekonomisk Debatt (No. 7/2014) presents several articles by IFN-economists: Magnus Henrekson and Tino Sanandaji write about how capital taxation on ownership affect corporate activities. Niclas Berggren and Therese Nilsson write an editorial piece about inequality. Assar Lindbeck comments on the research by the French economist Thomas Piketty.
Beware of crony capitalism!
Luigi Zingales, Professor of Entrepreneurship and Finance at the University of Chicago’s Booth School of Business, is critical of crony capitalism, where special interests capture political decision-makers and regulators. Rather than creating favorable conditions for markets to flourish, this kind of capitalism entails subsidies, tax breaks, and reduced competition, which benefit large…
Many participated in 75th anniversary
IFN was founded in 1939 – then named Industrial Institute for Economic and Social Research (IUI). This vital 75 year old was celebrated on Monday with a seminar. Three new books about the institute were presented and a short film about IFN was shown for the first time. The event also included a stage discussion on how economic research has developed over the past 75 years. Participants in…
Profit vs. quality in welfare services?
The Social Democrats, the Green Party and the Left Party recently announced an agreement on "welfare without profit motive". A commission will submit proposals on how the revenue can be limited in firms producing publicly financed services, such as health care, education and elderly care. This was the topic of a speech by Ardalan Shekarabi, Minister for Public Administration, at a…
Unique tax project completed
At a research seminar Michael Stenkula, IFN, presented the last component of the first systematic survey of the Swedish tax system – from 1862 to the present day. He showed how the Swedish tax system and its structure has been the subject of transformation and radical changes over the past 150 years. Tax structure and its impact on the economy were, for example, completely different 150…
"And the Global Award 2014 goes to Shaker Zahra ..."
Shaker Zahra, Professor at the Carlson School of Management at University of Minnesota, USA, received the Global Award for Entrepreneurship Research 2014 on Wednesday. This Prize has been awarded annually since 1996 with a prize sum of EUR 100,000. Shaker Zahra is best known for his work on "the role of corporate entrepreneurship in knowledge creation, absorption, and conversion". In his…
Why less self-employment means more entrepreneurship
A brand new working paper published by Magnus Henrekson and Tino Sanandaji, IFN, is the subject of a blogpost written by James Pethokoukis on the American Entreprise Institute's website. The IFN-researchers argue that the overwhelming majority of self-employed individuals are not entrepreneurial in the Schumpeterian sense. "Europe has a higher self-employment rate than the United States…
In 2014 IFN celebrated its 75th anniversary. The milestone was commemorated on November 17, with the presentation of three new books about the Institute and its research. At the same event a short film about IFN was presented. Click on the holiday gift to see the movie.