This book is open access under a CC BY 4.0 license.
The authors of this book advise the economies of the European Union to become more entrepreneurial in promoting innovation and economic growth. The authors propose a reform strategy with respect to several aspects to achieve this goal. Starting with the rule of law and the protection of property rights; the tax system; the authors deal with regulations governing savings, capital and finance, and the organization of labor markets and social insurance systems. Framework strategies related to the regulations governing goods and service markets, bankruptcy and insolvency are also put forward. A core understanding and future path is also provided towards R&D, commercialization and knowledge spillovers; human capital investments; and informal institutions.
Niklas Elert Ph.D., is a research fellow at the Research Institute of Industrial Economics (IFN), Stockholm, Sweden. He received his Ph.D. on the topic of Economic Dynamism - Essays on firm entry and firm growth in 2014 at OErebro University, Sweden. His current research focuses on entrepreneurship and firm dynamics.
Magnus Henrekson is a professor and president of the Research Institute of Industrial Economics (IFN), Stockholm, Sweden. Until 2009, he was the Jacob Wallenberg Professor at the Department of Economics at the Stockholm School of Economics. Since the end of the 1990s, his primary research field has been entrepreneurship economics.
Mikael Stenkula, Ph.D., is a research fellow at the Research Institute of Industrial Economics (IFN), Stockholm, Sweden. His research focus is on entrepreneurship, business structures and taxation.