Scandinavian Working Papers in Economics

Working Paper Series,
Research Institute of Industrial Economics

No 986: Product Market Reforms and Incentives to Innovate in Sweden

Harald Edquist () and Magnus Henrekson ()
Additional contact information
Harald Edquist: Fores
Magnus Henrekson: Research Institute of Industrial Economics (IFN), Postal: P.O. Box 55665, SE-102 15 Stockholm, Sweden

Abstract: The Swedish economy has developed rapidly since the mid-1990s relative to most comparable countries, in particular relative to almost all other EU-15 countries. We investigate two policy areas that are believed to have been important for the strong economic development in Sweden during the last two decades, namely product market reforms and incentives to innovate. The paper provides a short description of the policy changes that have taken place within these areas since the early 1990s and offers ideas for additional policy reforms that would pave the way for continued successful economic development.

Keywords: Economic reforms; Entrepreneurship; Innovation; Institutions; Product market regulations; Sweden

JEL-codes: L53; O31; O52

Language: English

37 pages, November 13, 2013

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