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Unleashing Society’s Innovative Capacity - Pontus Braunerhjelm, Magnus Henrekson

Unleashing Society’s Innovative Capacity

An Integrated Policy Framework
Buch | Softcover
XXIII, 184 Seiten
2023
Springer International Publishing (Verlag)
978-3-031-42758-9 (ISBN)
CHF 59,90 inkl. MwSt
Hence, a consistent and coordinated policy environment conducive to innovation and entrepreneurship is required to translate innovation into high-growth firms and macro-level growth.



This book presents the basic cornerstones required to provide a policy regime that can nurture such dynamics.

This is an open access book.

Europe faces significant challenges in the coming decades: geopolitical, demographic, technological, increased competition, climate-related, and health issues due to an aging population, to mention a few. Given these challenges, technological progress and new ways of handling complex issues will be key to continued prosperity and growth. To accomplish a growth process driven by innovation and entrepreneurship, the institutional environment must take into account a multitude of different policy areas that interact to either strengthen or weaken an economy's innovative potential. Innovation is not only about R&D and higher education but is also intimately related to entrepreneurship. Similarly, entrepreneurship is not only about low start-up costs and favorable tax rates. Hence, a consistent and coordinated policy environment conducive to innovation and entrepreneurship is required to translate innovation into high-growth firms and macro-level growth.

This book presents the basic cornerstones required to provide a policy regime that can nurture such dynamics. The authors draw extensively on empirical analysis of the development of the Swedish economy, which has been transformed from a so-called "sclerosis" state in the 1980s until the early 1990s to an economy characterized by successful entrepreneurship and innovation. This transformation resulted from a reform agenda that has been gradually rolled out, beginning in the mid-1980s. The authors argue that the Swedish experience provides useful lessons for other nations as well.

Pontus Braunerhjelm has held leading positions at the Research Institute of Industrial Economics (IFN, Stockholm, Sweden), the Center for Business and Policy Studies (SNS), KTH (Sweden), and the Swedish Entrepreneurship Forum (as managing director from 2008 to 2015). His research focuses on the intersection between innovation, entrepreneurship, industrial dynamics, and growth. He has approximately 350 publications, of which 150 are published in peer-reviewed international journals and books. Pontus has also been involved in several policy-oriented projects for the Swedish government. Between 2007 and 2009, he served as the General Secretary of the Swedish Globalization Council. From 2014 to 2016, he was the Chairman of the governmental committee on Swedish entrepreneurship policies, initiated by the Finance Minister of Sweden.  Magnus Henrekson is a professor of Economics and a senior research fellow at the Research Institute of Industrial Economics (IFN) in Stockholm, Sweden. He was the president of IFN from 2005 until 2020. Until 2009, he held the Jacob Wallenberg Research Chair in the Department of Economics at the Stockholm School of Economics. Since the late 1990s, his primary research focus has been entrepreneurship economics and the institutional determinants of the business climate. He has published extensively in peer-reviewed journals, international collective volumes, more than 25 books, 14 edited volumes, and several essays commissioned by the Swedish government.

1. The Challenge.- 2. Theories of Growth, Innovation, and Entrepreneurship.- 3. Promoting Entrepreneurship and Innovation-The Institutional Framework.- 4. Policies to Stimulate Innovation and Entrepreneurship.- 5. Tax Policy to Stimulate Innovation and Entrepreneurship.- 6. Conclusions: A Framework for Innovation Policy.

In Unleashing Society s Innovative Capacity: An Integrated Policy Framework, Pontus Braunerhjelm and Magnus Henrekson present a bold and comprehensive vision for fostering innovation-led economic growth. ... Through a blend of theoretical insights, empirical evidence, and policy prescriptions, the book offers a roadmap for addressing contemporary economic challenges. this book outlines how societies can continuously learn, adapt, and thrive. In an era of rapid change and mounting challenges, its insights are both timely and transformative. (Miriam Bird, Administrative Science Quarterly, May 9, 2025) 

Erscheinungsdatum
Reihe/Serie International Studies in Entrepreneurship
Zusatzinfo XXIII, 184 p. 28 illus.
Verlagsort Cham
Sprache englisch
Maße 155 x 235 mm
Gewicht 326 g
Themenwelt Wirtschaft Volkswirtschaftslehre Makroökonomie
Schlagworte Industrial dynamics • Innovation • Knowledge • Macro-Level Growth • open access
ISBN-10 3-031-42758-0 / 3031427580
ISBN-13 978-3-031-42758-9 / 9783031427589
Zustand Neuware
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