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The Economics of Entrepreneurship

In the acclaimed book The Resilient Society: Economics After Covid, the author, Princeton Professor Markus Brunnermeier, describes how the experiences from the covid-pandemic have highlighted the value of developing more resilient and adaptive economies to manage crises in the future. A well-functioning entrepreneurial ecosystem will be crucial for the adaptability and resilience of the business sector in an increasingly complex world.


Photo: Karl Gabor.

In today's economy, more knowledge is needed to facilitate and encourage resilient and adaptive entrepreneurship. In economic research, researchers analyze how institutions and policies affect entrepreneurship and entrepreneurship's effect on the business sector's resilience, adaptability, and economic growth. Thereby, we can contribute with new knowledge of how institutions and policies affect entrepreneurial-driven structural change. This understanding may be crucial for developing entrepreneurial activity in the Swedish business sector.

The research program aims to highlight which economic fundamentals, such as forms of business ownership, tax regimes, and institutions, can facilitate and encourage resilient and adaptive entrepreneurial-driven growth. The program aims to:

  1. increase the research competence at IFN on, for the Swedish business sector crucial questions,
  2. develop a unique database that enables the study of how entrepreneurship is affected by institutional factors, and
  3. create a forum for experts, policymakers, journalists, and researchers interested in the entrepreneurship's role in the business sector's resilience and adaptability and welfare development in general.

Some of the research questions with the program are:

  1. What role do family businesses have in sustainable structural change?
  2. How does digitalization affect productivity and employment dynamics in the business sector, and how is this, in turn, affected by competition laws and education systems?
  3. What institutional factors can encourage intrapreneurship?

The program director is Lars Persson.

The following researchers participate:

Magnus Henrekson, Mikael Stenkula och Roger Svensson.

Affiliated researchers: Martin Andersson, David Cesarini, Harald Edquist, Anders Kärnä, Polina Karpaty,  Johanna Möllerström, Petra Persson and Thomas Åstebro.

The program's primary funder is the Jan Wallanders och Tom Hedelius stiftelse.

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18 April 2024

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