Articles and Book Chapters in English

Professors Albert N. Link and Donald S. Siegel are the joint recipients of the 2026 Global Award for Entrepreneurship Research. Over several decades, their scholarship has fundamentally reshaped our u…

This article discusses welfare quasi-markets, a promising yet under-explored area of study in entrepreneurship research. Many countries have implemented quasi-markets to enhance entrepreneurship…

This paper examines how medieval Swedish minting authorities (1277–1540) appear to have maintained relative price stability despite repeated debasement and silver shortages. Written sources are scarce…

The study examines how government venture capital affects SME growth and financing. Results show increased employment, higher sales, and improved access to both equity and bank credit, with strongest…

Green Deals have been introduced across Western economies as large-scale, mission-oriented innovation policies (MOIPs) intended to combine economic growth with environmental sustainability. Rooted in…

This essay examines the rise of “Green Deals” as large-scale state-sponsored active industrial policies to accelerate a transition toward climate neutrality. Building on the concept of mission-oriente…

The European football (soccer) market increasingly funnels rents to superstar players and intermediaries while weakening competitive balance. We trace this dynamic to two forces: (a) technological inn…

Welfare services such as healthcare, elderly care, and education are key to ensuring quality of life generally, and vital for rural communities across urbanizing countries. While these sectors are lar…

One of the key objectives of the EU's energy policy is to integrate the national electricity markets across Europe. However, effective integration requires that the system operators controlling the tr…

The paper is about how minting authorities in the Middle Ages could increase seigniorage by undertaking relatively fast debasements (decreasing the silver content) of the coinage. The paper analyses w…

Abstract In a proportional coinage system with several denominations, there is a risk of shortage of small change. The main reason is the higher production costs of small coins. This was a major probl…

We explore the challenges facing the current academic training of economists in small European countries such as Sweden. The monolithic focus on publishing in the top-ve journals, which prioritizes m…

The neo-Schumpeterian growth models, which appeared in the early 1990s, have ostensibly reintroduced the entrepreneur into mainstream growth theory. However, we show that by ignoring genuine uncertain…

We estimate the effect of drought on farm economic performance, examine the sensitivity of farms’ historical performance to drought conditions, and determine the effect of a future increase in drought…

For almost three decades, Professor Dean A. Shepherd has had a profound impact on scholarly developments within the international community of entrepreneurship researchers. His extraordinarily broad a…

This article discusses welfare quasi-markets, a promising yet under-explored area of study in entrepreneurship research. Many countries have implemented quasi-markets to enhance entrepreneurship…

A common claim holds that investment treaties reduce the willingness of host countries to regulate foreign-owned, environmentally-stranded, investments. A counter-argument is that the treaties can yie…

This paper leverages a university-wide anonymous grading reform and presents evidence that female university students benefit from anonymous grading. Female grades improve by around 0.035 standard dev…

In medieval Europe’s coinage systems, the introduction of small denomination coins was a significant challenge due to their higher relative production costs, often leading to shortages. To address thi…

The creation and scaling of startups are inherently linked to risk-taking, with various types of owners handling these risks differently. This paper investigates the influence of an active venture cap…

Can competition and the existence of profit-seeking actors in the school market improve educational quality? To see cost-efficient, long-term improvements, we identify the school system’s capacity for…

The net-zero agreement on carbon emission from Paris 2015 gives a key role to fossil-free energy technologies with an expected multifold growth rate over the coming decades, when successively replacin…

We study the effects on firms that are acquired by private equity firms in a leveraged buyout, using detailed Swedish registry data covering 1998-2022. Acquired firms see a large increase in their deb…

Using Swedish-matched employer–employee data from 2001 to 2018 and parametric survival analysis, we examine how the share of off-farm wage income affects survival time in the state of hybrid farming.…

Many governments introduced temporary adjustments to counter the economic and health consequences of the COVID-19 pandemic. We study the importance of already existing government transfers and pandemi…

This paper investigates the relationship between the log change in mobile broadband latency and total factor productivity (TFP) growth based on data for 130 countries. It finds that there is a strong…

There is widespread concern, especially in certain feminist circles, that a market-oriented economic system, or capitalism, disfavors women. This could take many forms, such as lower wages for the sam…

This study provides a comprehensive analysis of the generational wealth transfer within Sweden’s public pay-as-you-go pension system introduced in 1960. Using extensive administrative registers, the p…

We study how sourcing of applied and basic knowledge is related to the likelihood and speed at which inventions become innovations as well as their profitability. By using a patent database with uniqu…