Scandinavian Working Papers in Economics
Working Paper Series,
Research Institute of Industrial Economics
No 1147: Has the Swedish Business Sector Become More Entrepreneurial than the U.S. Business Sector?
Fredrik Andersson, Fredrik Heyman (), Pehr-Johan Norbäck () and Lars Persson ()
Additional contact information
Fredrik Andersson: Research Institute of Industrial Economics (IFN), Postal: P.O. Box 55665, SE-102 15 Stockholm, Sweden
Fredrik Heyman: Research Institute of Industrial Economics (IFN), Postal: P.O. Box 55665, SE-102 15 Stockholm, Sweden
Pehr-Johan Norbäck: Research Institute of Industrial Economics (IFN), Postal: P.O. Box 55665, SE-102 15 Stockholm, Sweden
Lars Persson: Research Institute of Industrial Economics (IFN), Postal: P.O. Box 55665, SE-102 15 Stockholm, Sweden
Abstract: Recent studies document a 30-year decline in various measures of entrepreneurship in the United States. In contrast, using detailed Swedish employer-employee data over the period 1990–2013, we find no decline in Swedish entrepreneurial activity. Aggregate net job creation is greatest among the youngest firms in the Swedish business sector. Moreover, most of the net job creation by young firms takes place in the expanding service sector. We argue that a key explanation for the high entrepreneurial activity in the Swedish business sector during the last two decades stems from economic reforms in the 1990s that mitigated several hurdles to entrepreneurship.
Keywords: Entrepreneurship; Job dynamics; Matched employer-employee data; Industrial structure and structural change
47 pages, First version: December 21, 2016. Revised: November 19, 2018.
Full text files
wp1147.pdf
Questions (including download problems) about the papers in this series should be directed to Elisabeth Gustafsson ()
Report other problems with accessing this service to Sune Karlsson ().
RePEc:hhs:iuiwop:1147This page generated on 2024-09-13 22:15:50.