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  • 1.
    Acs, Zoltan J.
    et al.
    London School of Economics and Political Science, GBR.
    Braunerhjelm, Pontus
    Swedish Entrepreneurship Forum, SWE.
    Karlsson, Charlie
    Blekinge Institute of Technology, Faculty of Engineering, Department of Industrial Economics.
    Philippe Aghion: recipient of the 2016 Global Award for Entrepreneurship Research2017In: Small Business Economics, ISSN 0921-898X, E-ISSN 1573-0913, Vol. 48, no 1, p. 1-8Article in journal (Refereed)
    Abstract [en]

    Professor Philippe Aghion is the 2016 recipient of the Global Award for Entrepreneurship Research, consisting of 100,000 Euros and a statuette designed by the internationally renowned Swedish sculptor Carl Milles. He is one of the most influential researchers worldwide in economics in the last couple of decades. His research has advanced our understanding of the relationship between firm-level innovation, entry and exit on the one hand, and productivity and growth on the other. Aghion has thus accomplished to bridge theoretical macroeconomic growth models with a more complete and consistent microeconomic setting. He is one of the founding fathers of the pioneering and original contribution referred to as Schumpeterian growth theory. Philippe Aghion has not only contributed with more sophisticated theoretical models, but also provided empirical evidence regarding the importance of entrepreneurial endeavours for societal prosperity, thereby initiating a more nuanced policy discussion concerning the interdependencies between entrepreneurship, competition, wealth and growth.

  • 2.
    Andersson, Martin
    et al.
    Blekinge Institute of Technology, Faculty of Engineering, Department of Industrial Economics.
    Waldenström, Daniel
    Ecole d'Economie de Paris, FRA.
    Hernando de Soto: recipient of the 2017 Global Award for Entrepreneurship Research2017In: Small Business Economics, ISSN 0921-898X, E-ISSN 1573-0913, p. 1-8Article in journal (Refereed)
    Abstract [en]

    The 2017 Global Award for Entrepreneurship Research is given to Hernando de Soto, president of the Institute for Liberty and Democracy (ILD) in Lima, Peru. Over the last 30 years, Hernando de Soto has been a world-leading intellectual engaged in academic and public policy discussions on global development. He has made substantial contributions to our understanding of the informal economy and of the importance of property rights to unleash entrepreneurship and alleviate poverty and underdevelopment. His contributions have led to a new and better understanding of the role played by institutions in supporting entrepreneurship, especially in the Third World. Hernando de Soto’s work has also had major influences on policy worldwide, both in terms of conceptual understanding and practical policy measures. © 2017 The Author(s)

  • 3.
    Eklund, Johan
    et al.
    Blekinge Institute of Technology, Faculty of Engineering, Department of Industrial Economics.
    Levratto, Nadine
    Universite Paris Nanterre, FRA.
    Ramello, Giovanni Battista
    Universita degli Studi del Piemonte Orientale Amedeo Avogadro, ITA.
    Entrepreneurship and failure: two sides of the same coin?2018In: Small Business Economics, ISSN 0921-898X, E-ISSN 1573-0913, p. 1-10Article in journal (Refereed)
    Abstract [en]

    This paper attempts to shed light on the nexus of relationships existing between failure, bankruptcy, institutional context, and local characteristics on one hand and entrepreneurship, firm survival, and performance on the other. The aim is to provide a larger vantage point from which to read the research included in this issue with the overall ambition to contribute to a better understanding of our entrepreneurial societies and the role of failure within markets. In this respect, the focus here is mainly on the institutions governing the bankruptcy procedures which do much more than simply regulating the exit of insolvent firms and protecting creditors’ investments, minimizing the social cost of failures. They set up the revolving doors through which creditors can reinvest the recovered capital in new entrepreneurial projects and failed entrepreneurs can bring back to the market their skills and their entrepreneurial spirit for fostering new and hopefully successful ventures. Therefore, by managing bankruptcy, the institutions are not only protecting the economy. Instead, they have become a tool of economic policy, devoted to the delicate issue of regulating a physiological event to the market while avoiding too much waste of resources. In a more positive perspective, managing insolvency and failure is also a mean to strengthen competitiveness and growth, making it possible to stimulate the market in reshuffling skills and resources into new activities. A deeper understanding can in turn contribute to the implementation of better and more efficient policies by integrating bankruptcy as a natural component of firm and market life. © 2018 The Author(s)

  • 4.
    Karlsson, Charlie
    et al.
    Blekinge Institute of Technology, School of Management.
    Warda, Peter
    Entrepreneurship and innovation networks2014In: Small Business Economics, ISSN 0921-898X, E-ISSN 1573-0913, Vol. 43, no 2, p. 393-398Article in journal (Refereed)
    Abstract [en]

    In this paper, we give a general introduction to the notion of entrepreneurship and how it has many complex meanings. Entrepreneurs in new firms but also in incumbent firms have a key role in local, regional and national economic development by taking risks to get things done by developing new combinations of ideas and/or doing things differently. In view of this, two of the main questions that are dealt with are: (1) which features make structural differences in institutions and innovation networks remain invariant between decades, and (2) how knowledge about such features can be employed in policy at the national and the regional level. The research questions highlighted in this special issue relate to many pertinent national and regional policy issues. The most apparent concerns conditions conducive for entrepreneurship in the form of new firms and firm growth. In this paper, we also introduce the different contributors to this special issue.

  • 5.
    Lindholm-Dahlstrand, Åsa
    et al.
    Lund University.
    Andersson, Martin
    Blekinge Institute of Technology, Faculty of Engineering, Department of Industrial Economics.
    Carlsson, Bo
    Case Western Reserve University, Cleveland.
    Entrepreneurial experimentation: a key function in systems of innovation2018In: Small Business Economics, ISSN 0921-898X, E-ISSN 1573-0913, p. 1-20Article in journal (Refereed)
    Abstract [en]

    The literature on innovation systems focuses on the supply side (the creation of technology) rather than on how innovations are converted into economic activity and growth via the market (the demand side, and the interface between supply and demand). One implication of this is that there is a dearth of research on the links between innovation systems and economic growth. The purpose of this paper is to begin to fill this gap in the literature. We articulate the function of entrepreneurial experimentation as an essential mechanism for translating new knowledge into economic activity and growth created in innovation systems. We argue that entrepreneurial experimentation comprises both “technical” and “market” experimentation. Spinoffs and acquisitions are proposed as micro-mechanisms that give rise to system-wide entrepreneurial experimentation. Our framework suggests that entrepreneurial experimentation is central in driving both the supply- and the demand-side dynamics of innovation systems, hence linking both innovation systems and entrepreneurship to economic growth. © 2018 The Author(s)

  • 6.
    Tavassoli, Sam
    et al.
    Blekinge Institute of Technology, Faculty of Engineering, Department of Industrial Economics.
    Carbonara, Nunzia
    The role of knowledge variety and intensity for regional innovation2014In: Small Business Economics, ISSN 0921-898X, E-ISSN 1573-0913, Vol. 43, no 2, p. 493-509Article in journal (Refereed)
    Abstract [en]

    This paper analyses the effect of variety and intensity of knowledge on the innovation of regions. Employing data for Swedish functional regions, the paper tests the role of the variety (related and unrelated) and intensity of (1) internal knowledge generated within the region and also (2) external knowledge networks flowing into the region in explaining regional innovation, as measured by patent applications. The empirical analysis provides robust evidence that both the variety and intensity of internal and external knowledge matter for regions’ innovation. When it comes to variety, related variety of knowledge plays a superior role.

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