Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/81381
Authors: 
Henrekson, Magnus
Johansson, Dan
Stenkula, Mikael
Year of Publication: 
2010
Series/Report no.: 
IFN Working Paper 826
Abstract: 
Public policy affects the prevalence and performance of both productive and high-impact entrepreneurship. High-impact entrepreneurship prospers when knowledge is successfully generated and exploited in the economy. This process depends on complementary key ac-tors who use their competencies in what we denote a competence bloc. Although variations in economic contexts make prescribing a general panacea impossible, a number of relevant policy areas that affect key actors can be identified. In this paper this is done in the areas of tax policy and labor market policy. It is shown that high and/or distortive taxes and heavy labor market regulations impinge on the creation and functioning of competence blocs, thereby reducing high-impact entrepreneurship.
Subjects: 
Entrepreneurship
Gazelles
High-growth firms
High-impact entrepreneurship Innovation
Institutions
Labor market policy
Tax policy
JEL: 
H32
L25
L50
M13
O31
P14
Document Type: 
Working Paper

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