SWEDISH ENTREPRENEURSHIP FORUM

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1 SWEDISH ENTREPRENEURSHIP FORUM 1

2 SWEDISH ENTREPRENEURSHIP FORUM R E S E A RC H - N E T WO R K - D E BAT E The Swedish Entrepreneurship Forum is the leading network organization for generating and communicating policy relevant research in the field of entrepreneurship, innovation and SMEs. The goal of economic policy should be to create good conditions for individuals to embark on new ideas and new businesses. By enriching the public debate with new and policy relevant research we believe that better conditions for dynamic and growth-friendly economic policies are created. We present research findings at seminars and conferences to our network of researchers, policy makers and practitioners. In this way we also act as a bridge encouraging interaction between these groups. Please visit our website, for updated information on our current activities. Johan Eklund Managing Director Swedish Entrepreneurship Forum and Professor Jönköping International Business School 2

3 P OL I C Y R E L E VA N T R E SEARC H F OR IN CREAS ED KNOWLEDGE AND WELL-INFORMED POLICYMAKING The Swedish Entrepreneurship Forum has maintained an active role in the economic discourse by persistently pointing to the need for structural and industrial policies that complement macroeconomic efforts. Governmental action has often just resulted in heavier regulations. However, a greater regulatory burden hampers innovation and entrepreneurship, the very foundation of economic growth and prosperity. Knowledge efforts must be complemented by a governance that enables knowledge to be converted to public goods. Knowledge may be the fuel of economic growth, but the entrepreneur is undoubtedly the engine. A future key task for the Swedish Entrepreneurship Forum is therefore based on high quality research to translate research findings into practical knowledge in those areas where uncertainty and ignorance are the greatest. The research is characterized by policy-relevancy and is conducted in such a way that the independence of research and quality cannot be questioned. 3

4 SWEDISH ECONOMIC FORUM The Swedish Entrepreneurship Forum annually publishes Swedish Economic Forum Report, in conjunction with the conference Swedish Economic Forum. The aim is to contribute to an informed debate on current issues and to present viable policy recommendations based on entrepreneurship, small business and innovation research. In the Swedish Economic Forum Report series: 2015: Doing business in the welfare sector (forthcoming) 2014: A functioning labor market key to innovation and knowledge-driven growth 2013: Institutions and incentives for innovation 2012: Entrepreneurship norms and the business cycle 2011: An Innovation Policy Framework One Step Further 2010: An Innovation Strategy for Sweden 2009: Entrepreneurship and Innovation for Sustainable Development GLOBAL ENTREPRENEURSHIP MONITOR Swedish Entrepreneurship Forum is the Swedish partner of the Global Entrepreneurship Monitor (GEM), the largest global research venture on entrepreneurial activity. Since 2010, Swedish Entrepreneurship Forum has published an annual Swedish report based on survey and interview data. The global project began in 1999 and has grown from including 10 countries to The survey covers 75 per cent of the world population. The report The Entrepreneurial Code a comparative study of entrepreneurial dynamics in China, Europe and the U.S. examines the similarities and differences beteen the dominating economic regions in terms of level of entrepreneurial activity, entrepreneurs ambition to grew, internationalize and to innovate, as well as the attitudes towards entrepreneurship. ONGOING RESEARCH PROJECTS Regulations, Entrepreneurship and dynamic markets research to heighten the understanding of economic consequences of regulations and the way they are most effectively formulated. Philanthrophy: Innovations, Entrepreneurship, Economic Development, and Societal Values a research project that is aiming to increase the knowledge of philanthropy and its role in an entrepreneurial economy from a Swedish perspective. Innovation without entrepreneurs? a research project that is expected to identify the origin of innovations and examine the entrepreneurs work to improve organizations, for example through seeking new markets and gradually improve the efficiency of existing production. Competence for growth research on the dissemination of knowledge about education, job matching on the labor market, competitiveness and economic growth. Financial regulation and business dynamics research on the relationship between and the impact of financial regulation on businesses, especially SMEs, and business dynamics. Family business, entrepreneurship and economic development research on aspects of corporate governance for family businesses: ownership structure, board composition and management. 4

5 PUBLICATIONS Swedish Entrepreneurship Forum publishes studies, ranging from full reports to policy briefs and working papers. The most recent publications in English are: 20 Years of Entrepreneurship Research From small business dynamics to entrepreneurial growth and societal prosperity Authored by awardees of the Global Award for Entrepreneurship Research, the anthology 20 years of Entrepreneurship Research - From small business dynamics to entrepreneurial growth and societal prosperity tells the story about entrepreneurship research over the past 20 years. It also marks the 20th anniversary of Swedish Entrepreneurship Forum. During that period research on entrepreneurship and small businesses, and how these phenomena links to employment, innovation and growth, has exploded. 3D Printing Economic and Policy Implications Economic Policy Forum Report #6 The report, authored by Maureen Kilkenny, Senior Fellow National Center for Food and Agricultural Policy, describes 3D printing or additive manufacturing. It is a revolutionary new technology where digital products are developed and then manufactured in the printer without the need for large-scale factories or production runs. Economic Policy Forum s sixth report describes global economic impact of 3D printing, technology and future applications. Sources of capital for innovative startup firms Economic Policy Forum Report #9 Anna Söderblom and Mikael Samuelsson seek to contribute to the stream of empirical studies on sources of capital for innovative startups by studying young Swedish firms. The study has three major objectives: first, to examine how Swedish innovative startups are financed during their earliest stages of development; second, to identify possible determinants of external capitalization of such firms; and third, to analyze the perceptions of innovative Swedish entrepreneurs pertaining funding from commercial debt providers, business angels and venture capitalists. The emergence of China and India as new innovation power houses Globalizarion Forum Report #6 Cristina Chaminade, Davide Castellani and Monica Plechero. The report analyzes global innovation flows and the effects of research and development, R&D, located in India and China. In addition, the authors investigate factors that affect the willingness of companies to globalize their R&D and innovation activities. All the above publications are available for download on 5

6 ARENAS FOR FUTURE RESEARCH To contribute to knowledge and illuminate the debate about important future challenges, the Swedish Entrepreneurship Forum has gathered independent networks of key policy actors. These groups consists of researchers, entrepreneurs, business leaders and decision makers that initiate policy discussions based on summaries and policy recommendations derived from reliable scientific research. GLOBALISERINGS GLOBALIZATION FORUM Globalization Forum is chaired by Ulf Berg, CEO Speed Identity. Focus lies on the effects of globalization on entrepreneurship, small business, innovation and, in extension, the regional and national development in Sweden. The Forum has so far published six reports which have been presented and debated at public seminars. ECONOMIC POLICY FORUM Economic Policy Forum is chaired by Per Adolfsson, CEO Bisnode Sweden, and gathers important stakeholders in economic policy for policy discussions with particular relevance for long-term, sustainable development of Swedish business. Nine reports have been published and presented at public seminars. PHILANTHROPY FORUM Philanthropy Forum is chaired by Maria Rankka, CEO Stockholm Chamber of Commerce, and aims to highlight the importance of philanthropy for economic growth and prosperity through research. The Forum has hosted a number of public seminars including the international Swedish Philanthropy Summit. SCIENTIFIC FORUM The Swedish Entrepreneurship Forum s Scientific Forum has some 70 members. All swedish professors and associate professors in the field of entrepreneurship and small business are invited to participate in the forum. INTERNATIONAL COUNCIL To promote international collaboration, the Swedish Entrepreneurship Forum has formed an international reference group, consisting of prominent international researchers and experts. The group serves as an advisory capacity for a number of research projects. YOUNG RESEARCHER FORUM Young Researcher Forum was founded in A network consisting of the new and coming generation of Swedish researchers in the field of entrepreneurship. Several members of the forum has taken part in seminars, and contributed with policy briefs and reports. 6

7 GLOBAL AWARD FOR ENTREPRENEURSHIP RESEARCH Award winner Professor Sidney Winter, Professor Emeritus of Management at Wharton School, University of Pennsylvania. RESEARCH ON EVOLUTIONARY ECONOMICS REWARDED WITH EUROS The 2015 Global Award for Entrepreneurship Research is awarded to Professor Sidney Winter, Professor Emeritus of Management at Wharton School, University of Pennsylvania. Professor Winter is awarded for his profound understanding of dynamic competition, how a company s ability to assimilate innovations creates various technological opportunities and the mechanisms driving competence building in firms. Award winners: 2015 Sidney Winter 2014 Shaker Zahra 2013 Maryann Feldman 2012 Kathleen M. Eisenhardt 2011 Steven Klepper 2010 Josh Lerner 2009 Scott A. Shane 2008 Bengt Johannisson 2007 The Diana Project Candida G. Brush Nancy M. Carter Elizabeth J. Gatewood Patricia G. Greene Myra M. Hart 2006 Israel M. Kirzner 2005 William B. Gartner 2004 Paul D. Reynolds 2003 William J. Baumol 2002 Giacomo Becattini Charles F. Sabel 2001 Zoltan J. Acs and David B. Audretsch 2000 Howard E. Aldrich 1999 Ian C. MacMillan 1998 David J. Storey 1997 Arnold C. Cooper 1996 David L. Birch The Global Award for Entrepreneurship Research was established as the foremost global award for research on entrepreneurship. The Award honours significant contributions to theory-building on entrepreneurship and small business development. The Award consists of the statuette The Hand of God by the Swedish sculptor Carl Milles and a prize sum of euros. The Award was instituted in 1996 and re-launched under a new name in Founder of the Award: Swedish Entrepreneurship Forum. Co-founder: The Research Institute of Industrial Economics (IFN). Sponsor: VINNOVA Sweden s Innovation Agency. Donor: Melker Schörling. YOUNG RESEARCHER AWARD Since 2003 the Swedish Entrepreneurship Forum and the Swedish Agency for Economic and Regional Growth have awarded promising young researchers the Young Researcher Award. The prize is awarded annually and consists of SEK. GLOBAL STUDENT ENTREPRENEUR AWARD The Swedish Entrepreneurship Forum participates in the international competition The Global Student Award, through annually nominations of one undergraduate student who at the same time is an owner, founder or controlling shareholder of a company. 7

8 RESEARCH The Swedish Entrepreneurship Forum initiates, generates and communicates policy relevant research. A main task is to contribute to increased knowledge about the role of small business and entrepreneurship in the economy emanating from objective and independent research. NETWORK The Swedish Entrepreneurship Forum has a unique network including researchers, entrepreneurs, business leaders and decision makers that initiate policy discussions and policy recommendations based on reliable scientific research. DEBATE Our principal objective is to communicate policy relevant research of the highest academic standard to relevant decision-makers at all levels. This work demands continuous participation in the public debate through articles, publications, interviews and discussion forums where academics, practitioners and decision-makers meet. W W W - E N T R E P R E N O R S K A P S F O R U M. S E 8

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