The Context for Growth-oriented Entrepreneurship in Sweden and Europe

The growth in a modern economy depends on the ability to create innovative knowledge and to use this for commercial purposes. In this respect entrepreneurship in the form of new businesses plays an important role. Modern research shows that new companies often use their innovative knowledge to compete with established companies. In other words, these companies are important for economic growth and dynamism. However, not all new businesses are equally important, only those companies that are growing strongly, using innovative knowledge and outcompete obsolete companies have such an impact. The purpose of this project is to understand what dynamics that result in the creation of fast-growing firms and how these companies can affect growth regionally and nationally.