Articles in English

"Entrepreneurship and Instituions: A Bidirectional Relationship" (with Niklas Elert). Foundations and Trends in Entrepreneurship, Vol. 13, forthcoming.

"Taxation of Swedish Firm Owners: The Great Reversal from the 1970s to the 2010s". Nordic Tax Journal. Vol. 2017, No. 1, 2017, forthcoming.

"Status Quo Institutions and the Benefits of Institutional Deviations" (with Niklas Elert). International Rewiew of Entrepreneurship. Vol. 15, No. 1, 2017.

"Educational Performance in Swedish Schools is Plummeting – What Are the Facts?​​" (with Sebastian Jävervall). Stockholm: Royal Academy of Engineering Sciences (IVA), 2017.

"The Entrepreneurial Rent: The Value of and Compensation for Entrepreneurship" (with Mikael Stenkula). Journal of Entrepreneurship and Public Policy, Vol. 6, No. 1, 2017.

Do R&D and ICT Affect Total Factor Productivity Growth Differently?"  (with Harald Edquist). Telecommunications Policy, Vol. 41, No. 2, 2017. 

"Two Sides to the Evasion: The Pirate Bay and the Interdependencies of Evasive Entrepreneurship" (with Niklas Elert and Joakim Lundblad), Journal of Entrepreneurship and Public Policy, Vol. 5, No. 2, 2016. 

"Evasive Entrepreneurship" (with Niklas Elert). Small Business Economics, Vol. 47, No. 1, 2016.

"Inheritance Taxation in Sweden, 1885–2004: The Role of Ideology, Family Firms and Tax Avoidance” (with Daniel Waldenström). Economic History Review. Published online February 2016,

"Owner-Level Taxes and Business Activity” (with Tino Sanandaji). Foundations and Trends in Entrepreneurship, Vol 12, No. 1, 2016.

"Government Size and Growth: A Rejoinder" (with Andreas Bergh). Journal of Economic Surveys, forthcoming.

"Superentrepreneurship in Europe Compared to Other Industrialised Regions" (with Tino Sanandaji), in Antonina Bakardjieva Engelbrekt, Lars Oxelheim and Thomas Persson, eds., The EU's Role in Fighting Global Imbalances. Cheltenham, UK and Northampton, MA: Edward Elgar, forthcoming.

”Local Competiveness Fostered through Local Institutions for Entrepreneurship” (with Martin Andersson), in David B. Audretsch, Albert N. Link and Mary Walshok, eds., Oxford Handbook of Local Competitiveness. Oxford: Oxford University Press, forthcoming.

“Swedish Wealth Taxation (1911–2007)" (with Gunnar Du Rietz), in Magnus Henrekson and Mikael Stenkula, eds., Swedish Taxation: Developments since 1862. New York: Palgrave Macmillan, 2015.

“Swedish Inheritance and Gift Taxation (1885–2004)" (with Gunnar Du Rietz and Daniel Waldenström), in Magnus Henrekson and Mikael Stenkula, eds., Swedish Taxation: Developments since 1862. New York: Palgrave Macmillan, 2015.

"Swedish Taxation since 1862: An Introduction and Overview (with Mikael Stenkula), in Magnus Henrekson and Mikael Stenkula, eds., Swedish Taxation: Developments since 1862. New York: Palgrave Macmillan, 2015.

"The Rise and Fall of Swedish Wealth Taxation" (with Gunnar Du Rietz). Nordic Tax Journal, Vol. 1, No. 1, 2014.

"Small Business Activity Does Not Measure Entrepreneurship" (with Tino Sanandaji). Proceedings of the National Academy of Sciences of the United States of America (PNAS), Early Edition, January 21, 2014.

"Product Market Reforms and Incentives to Innovate in Sweden" (with Harald Edquist). In Maria Choupres and Harald Edquist (eds.), What Can We Learn from Economic Reforms in Greece and Sweden?. Brussels, Belgium: European Liberal Forum.

"How Labor Market Institutions Affect Job Creation and Productivity Growth". In IZA World of Labor 2014:38. 

"Entrepreneurship, Institutions and Economic Dynamism: Lessons from a Comparison of the United States and Sweden"  (with Pontus Braunerhjelm). Industrial and Corporate Change, Vol. 22, No. 1, 2013.

"The Swedish Corporate Control Model: Convergence, Persistence or Decline?" (with Ulf Jakobsson). Corporate Governance: An International Review, Vol. 20, No. 2, 2012.

"Government Size and Growth: A Survey and Interpretation of the Evidence" (with Andreas Bergh). Journal of Economic Surveys, Vol. 25, No. 5, 2011.

"The Futile Quest for a Grand Explanation of Long-Run Government Expenditure" (with Dick Durevall). Journal of Public Economics, Vol. 95, No. 7–8, 2011.

"Perspectives on the Success and Early History of the Industrial Institute for Economic and Social Research (IUI)". History of Economic Ideas, Vol. 19, No. 1, 2011.

"The Interaction of Entrepreneurship and Institutions" (with Tino Sanandaji). Journal of Institutional Economics, Vol. 7, No. 1, 2011.

"How Should Research Performance Be Measured? A Study of Swedish Economists" (with Daniel Waldenström). The Manchester School, Vol. 79, No. 6, 2011.

"Firm Growth, Institutions and Structural Transformation" (with Dan Johansson). In Michael Fritsch, ed., Handbook of Entrepreneurship and Regional Development, Cheltenham, UK: Edward Elgar. 2011.

"Entrepreneurship and the Theory of Taxation" (with Tino Sanandaji). Small Business Economics, Vol. 37, No. 2, 167–185, 2011.

"Taxation, Labor Market Policy and High-Impact Entrepreneurship" (with Dan Johansson and Mikael Stenkula). Journal of Industry, Competition and Trade, Vol. 10, No. 3–4, 2010.

"Gazelles as Job Creators: A Survey and Interpretation of the Evidence" (with Dan Johansson). Small Business Economics, Vol. 35, No. 2, 2010.

"Entrepreneurship and Public Policy" (with Mikael Stenkula). In Zoltan J. Acs and David B. Audretsch, eds. Handbook of Entrepreneurship Research. New York: Springer, 2010.

"The Global Award for Entrepreneurship Research: Its Organization, Objectives and Criteria" (with Pontus Braunerhjelm and Anders Lundström). In Zoltan J. Acs and David B. Audretsch (eds.), Handbook of Entrepreneurship Research, New York: Springer, 2010.

"Economic Performance and Work Activity in Sweden after the Crisis of the Early 1990s" (with Steven J. Davis). In Richard B. Freeman, Birgitta Swedenborg and Robert Topel, eds., Reforming the Welfare State: Recovery and Beyond. Chicago: Chicago University Press, 2010.

"Why Are There So Few Female Top Executives in Egalitarian Welfare States?" (with Mikael Stenkula). Independent Review, Vol. 14, No. 2, 2009.

"Awarding Entrepreneurship Research: A Presentation of the Global Award" (with Pontus Braunerhjelm). Entrepreneurship Theory and Practice, Vol. 33, No. 3, 2009.

"Competencies and Institutions Fostering High-growth Firms" (with Dan Johansson). Foundations and Trends in Entrepreneurship, Vol. 5, No. 1, 2009.

"The Global Award for Entrepreneurship Research" (with Anders Lundström). Small Business Economics, Vol. 32, No. 1, 2009.

"The Political Economy of Entrepreneurship: An Introduction" (with Robin Douhan). In Magnus Henrekson and Robin Douhan, eds., The Political Economy of Entrepreneurship Vol. I and II. The International Library of Entrepreneurship 11. Cheltenham: Edward Elgar, 2008.

"Entrepreneurship and Institutions". Comparative Labor Law & Policy Journal, Vol. 28, No. 3, 2007.

"Israel M. Kirzner: An Outstanding Austrian Contributor to the Economics of Entrepreneurship" (with Robin Douhan and Gunnar Eliasson). Small Business Economics, Vol. 29, No. 1–2, 2007.

"Technological Breakthroughs and Productivity Growth" (with Harald Edquist). Research in Economic History, Vol. 24, 2006.

"Entrepreneurship and the Welfare State. A Reply". Industrial and Corporate Change, Vol. 15, No. 3, 2006.

"Promoting Entrepreneurship in the Welfare State" (with Jesper Roine). In D. B. Audretsch, I. Grilo and R. Thurik, eds., Handbook of Research on Entrepreneurship Policy. Cheltenham: Edward Elgar, 2007.

"Is Neoclassical Economics Still Entrepreneurless?" (with Milo Bianchi). Kyklos, Vol. 58, No. 3, 2005. 

"Entrepreneurship: A Weak Link in the Welfare State". Industrial Policy and Corporate Change, Vol. 13, No. 3, 2005.

"Growth Effects of Government Expenditure and Taxation in Rich Countries: A Reply" (with Stefan Fölster). European Economic Review, Vol. 50, No. 1, 2006.

"Tax Effects on Work Activity, Industry Mix and Shadow Economy Size: Evidence from Rich-Country Comparisons" (with Steven J. Davis). NBER Working Paper No. 10509. In R. Goméz-Salvador, A. Lamo, B. Petrongolo, M. Ward and E. Wasmer, eds., Labour Supply and Incentives to Work in Europe. Aldershot: Edward Elgar.

"Comment on David G. Blanchflower: Is More Self-Employment Good or Bad?" Swedish Economic Policy Review, Vol. 11, No. 2, 2004.

"Taxation, Institutions and the Agents of Economic Growth" (with Dan Johansson). In G. Hallin and A. Östhol, eds., On the Growth Policy Agenda. Stockholm: ITPS, 2004.

"The Swedish Model of Ownership and Corporate Control in Transition" (with Ulf Jakobsson). In H. Huizinga and L. Jonung, eds., Who Will Own Europe? The Internationalisation of Asset Ownership in Europe. Cambridge: Cambridge University Press, 2005. 

"Wage-Setting Institutions as Industrial Policy" (with Steven J. Davis). Labour Economics, Vol. 12, No. 3, 2005. 

"William J. Baumol: An Entrepreneurial Economist on the Economics of Entrepreneurship" (with Gunnar Eliasson). Small Business Economics, Vol. 23, No. 1, 2004. 

"A Critique of Staffan Jacobsson’s paper 'Universities and Industrial Transformation'" (with Thomas Andersson). Science and Public Policy, Vol. 30, No. 6, 2003.

"The Transformation of Ownership Policy and Structure in Sweden: Convergence towards the Anglo-Saxon Model?" (with Ulf Jakobsson). New Political Economy, Vol. 8, No. 1, 2003.

 "The Effects on Sick Leave of Changes in the Sickness Insurance System" (with Mats Persson). Journal of Labor Economics, Vol. 22, No. 1, 2004.

 "Bottom-Up vs. Top-Down Policies towards the Commercialization of University Intellectual Property" (with Brent Goldfarb). Research Policy, Vol. 32, No. 4, 2003.

 "The Entrepreneur and the Swedish Model". In M. Henrekson, M. Larsson and H. Sjögren, eds., Entrepreneurship in Business and Research. Essays in Honour of Håkan Lindgren. Stockholm: Institute for Research in Economic History, 2001.

 "Entrepreneurship in Business and Research: An Introduction" (with Mats Larsson and Hans Sjögren). In M. Henrekson, M. Larsson and H. Sjögren, eds., Entrepreneurship in Business and Research. Essays in Honour of Håkan Lindgren. Stockholm: Institute for Research in Economic History, 2001.

 "Where Schumpeter Was nearly Right – The Swedish Model and Capitalism, Socialism and Democracy" (with Ulf Jakobsson). Journal of Evolutionary Economics, Vol. 11, No. 3, 2001. 

 "Determinants of the Prevalence of Start-ups and High-Growth Firms" (with Per Davidsson). Small Business Economics, Vol. 19, No. 2, 2002.

 "Swedish Economic Growth. A Favorable View of Reform". Challenge, Vol. 44, No. 4, July/August, 2001.

 "Designing Efficient Institutions for Science-Based Entrepreneurship: Lessons from the US and Sweden" (with Nathan Rosenberg). Journal of Technology Transfer, Vol. 26, No. 3, 2001.

 "Incentives for Academic Entrepreneurship and Economic Performance: Sweden and the United States" (with Nathan Rosenberg). In S. Sörlin and G. Thörnqvist, eds., The Wealth of Knowledge, 2002 (but not yet published).

 "Growth Effects of Government Expenditure and Taxation in Rich Countries" (with Stefan Fölster). European Economic Review, Vol. 45, No. 8, 2001. 

 "Testing the Female Underperformance Hypothesis" (with Anita Du Rietz). Small Business Economics, Vol. 14, No. 1, 2000.  

 "Pre-requisites for a Strengthened Entrepreneurial Culture in Sweden". Proceedings from the Conference What We Can Learn from Silicon Valley. Stockholm: The U.S. Embassy et al., 1998. 

 "Growth and the Public Sector: A Critique of the Critics" (with Stefan Fölster). European Journal of Political Economy, Vol. 15, No. 2, 1999. 

 "Explaining National Differences in the Size and Industry Distribution of Employment" (with Steven J. Davis). Small Business Economics, Vol. 12, No. 1, 1999. 

 "Institutional Effects on the Evolution of the Size Distribution of Firms" (with Dan Johansson), Small Business Economics, Vol. 12, No. 1, 1999.

 "Growth Effects of European Economic Integration" (with Johan Torstensson and Rasha Torstensson). European Economic Review, Vol. 41, No. 8, 1997. 

 "Sweden‘s Relative Economic Performance: Staying on Top or Lagging Behind?". Economic Journal, Vol. 106, No. 439, 1996. Reprinted in H. D. Dixon, ed., Controversies in Macroeconomics. Growth, Trade and Policy. Oxford: Blackwell, 2000.

 "Employer Size, Industrial Policy and Economic Performance in Sweden" (with Steven J. Davis). In R. B. Freeman, R. Topel and B. Swedenborg, eds., The Welfare State in Transition. Chicago: Chicago University Press, 1997. 

 "Catching Up, Social Capability, Government Size and Economic Growth" (with Pär Hansson). In V. Bergström, ed., Government and Growth. Oxford: Oxford University Press, 1997. 

 "Economic Growth and the Swedish Model" (with Lars Jonung and Joakim Stymne). In N. F. R. Crafts and G. Tonniolo, eds., Economic Growth in Europe since 1945. Cambridge: Cambridge University Press, 1996.

 "What Makes a Country Socially Capable of Catching Up?" (with Pär Hansson). Weltwirtschaftliches Archiv, Vol. 130, No. 4, 1994.

 "A New Framework for Testing the Effect of Government Spending on Growth and Productivity" (with Pär Hansson). Public Choice, Vol. 81, No. 3–4, 1994.

 "Catching Up in Industrialized Countries: A Disaggregated Study" (with Pär Hansson). Journal of International Trade and Economic Development, Vol. 3, No. 2, 1994. 

 "Wagner‘s Law – A Spurious Relationship?". Public Finance, Vol. 48, No. 3, 1993.

 "The Peacock-Wiseman Hypothesis". In N. Gemmel, ed., Public Sector Growth: Theories and International Evidence. Cheltenham: Edward Elgar Publishing, 1993.

 "Do Rich Countries Grow More Slowly?" (with Pär Hansson). Skandinaviska Enskilda Banken Quarterly Review, Vol. 21, No. 1–2, 1992.

 "Did the Devaluations of 1981 and 1982 Induce a Structural Shift in the Swedish Economy?". Skandinaviska Enskilda Banken Quarterly Review, Vol. 19, No. 4, 1990.

 "Sweden: Monetary and Financial System". In J. P. Newman, M. Milgate and J. Eatwell, eds., The New Palgrave Dictionary of Money and Finance. London: Macmillan, 1992.

 "Peacock and Wiseman‘s Displacement Effect: A Reappraisal and a New Test". European Journal of Political Economy, Vol. 6, No. 3, 1990.

 "Swedish Government Growth: A Disequilibrium Analysis". In J. A. Lybeck and M. Henrekson, eds., Explaining the Growth of Government. Amsterdam: North-Holland, 1988.

 "Editors' Introduction and Summary" (with Johan A. Lybeck). In J. A. Lybeck and M. Henrekson, eds., Explaining the Growth of Government. Amsterdam: North-Holland, 1988.

 "Explaining the Growth of Government in Sweden: A Disequilibrium Approach" (with Johan A. Lybeck). Public Choice, Vol. 57, No. 3, 1988. 

 "Exchange Controls and Liberalized Forward Trading". Skandinaviska Enskilda Banken Quarterly Review, Vol. 16, No. 4, 1987.

Leading Research Environment

IFN at the top


Illustration puff sid 1


The Research Institute of Industrial Economics, IFN, is a private and independent foundation devoted to pursuing highly relevant research for trade and industry.

The researchers at IFN are united in their belief that economic methods offer a powerful tool for understanding society.

The main research programs are:

  1. economics of entrepreneurship
  2. globalization and corporate restructuring
  3. economics of the service sector
  4. economics of the electricity markets
  5. economics of institutions and culture.

Global Award

Research on entrepreneurship




The Global Award for Entrepreneurship Research is the foremost global award for research on entrepreneurship.This Prize is awarded annually with a prize sum of EUR 100,000.

IFN in cooperation with Entreprenörskapsforum and Vinnova are the principals of the award, in cooperation with the donor, Stockholms Köpmansklubb.

Hernando de Soto, President of the Institute for Liberty and Democracy (ILD), in Lima, Peru, is the winner of the Global Award for Entrepreneurship Research 2017. He will receive the award at a ceremony on May 15, 2016, in Stockholm.

Research Institute of Industrial Economics, Grevgatan 34 - 2 fl, Box 55665, SE-102 15 Stockholm, Sweden | Phone: +46-(0)8-665 45 00 |