Book Chapters

This study critically examines the European Union’s and the United Kingdom’s plans for achieving a fossil-free energy system by 2050, centered on massive electrification and large-scale deployment of…

This study critically examines HYBRIT (Hydrogen Breakthrough Ironmaking Technology), a Swedish flagship project—led by the government-owned iron ore company LKAB—to produce fossil-free sponge iron usi…

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…

To unleash entrepreneurship and innovation in welfare service provision, many countries have established quasi-markets. We argue that Austrian scholars should bring their analytical focus to such mark…

The EU and many countries have committed to be climate-neutral by 2050. Combined with the Paris Agreement, this means there is strong presure to transition to climate-neutral technoligies. This pressu…

The notion that society should be organized around large so-called missions has gained momentum in public debate, and the reemergence of active industrial policy across the world has been inspired by…

This chapter integrates findings from several different case studies on mission-oriented innovation policies (MOIPs) and makes use of the existing literature to briefly describe three other missions:…

Mission-oriented innovation policies are becoming increasingly popular among policymakers and scholars. We maintain that these policies are based on an overly mechanistic view of innovation and econom…

William J. Baumol was one of the most prolific economists of his generation, analyzing a broad range of central economic issues addressing real problems of the world. In this essay, we present and cri…

In the wake of the Covid-19 crisis, the European Union must regain lost ground and create more favorable conditions for inclusive and sustainable economic growth. The best way to achieve this goal is…

Among contemporary economists, Mariana Mazzucato stands out for her emphasis on the importance of innovation to solving pressing challenges and achieve a greater quality of life. However, the type of…

This chapter discusses the European Union’s refugee policy. It shows that the common treaties leave considerable discretion to the individual member countries, which allows them to regulate refugee mi…

The European Union suffers from an innovation deficit, which must be remedied if the EU is to improve the quality of life of its citizens and remain competitive in the global marketplace. In order to…

Innovation is increasingly considered the key to elevating prosperity and securing sustainable long-term growth. The last few decades have also witnessed a refi nement of previous growth models to inc…

We review and assess the role local institutional framework conditions play in fostering local entrepreneurship. The basic premise is that entrepreneurship is a central driver of economic renewal and…

Entrepreneurs perform a central function in today’s decentralized market economies by innovating and exploring new ways to organize factors of production. They are consequently widely believed to play…

The authors study the evolution of Swedish wealth taxation, since its introduction in 1911 until it was abolished in 2007. The rules concerning the valuation of assets, deductions/exemptions, and tax…

This chapter studies the evolution of Swedish inheritance taxation from its inception in 1885 to its abolishment in 2004. The basic principles of the tax, including underlying ideas and ambitions, tax…

This chapter gives an introduction to the development of taxation in Sweden from 1862 to 2013, which is examined right through the volume. The contributions in this volume cover six key aspects of the…

The chapter is about product market reforms and incentives to innovate in Sweden. The authors suggest a number of reforms to enhance economic developments in Sweden, including increased government sup…

Since emerging from a severe contraction in the early 1990s, the Swedish economy has accumulated a strong record of output growth, outpacing the average growth rate in the Organization for Economic Co…

In this introduction to a collection dealing with the political economy of entrepreneurship, we argue, based on a suggested unifying framework, that political economy is a fruitful approach to entrepr…

This study consists of an examination of productivity growth following three major technological breakthroughs: the steam power revolution, electrification and the ICT revolution. The distinction betwe…