Magnus Henrekson
Biographic Data
| ID | 1067765 |
|---|---|
| NAME | Magnus Henrekson |
| GIVEN NAMES | Magnus |
| FAMILY NAME | Henrekson |
| SIGNATURE | HENREKSON M |
| AFFILIATIONS | Research Institute of Industrial Economics |
| ORCID | 0000-0002-1640-7126 |
| VERIFIED | Yes |
| TOTAL WORKS | 33 |
| TOTAL CITATIONS | 21 |
| AUTHOR COUNT | 32 |
| EDITOR COUNT | 1 |
| FIRST PUBLICATION YEAR | 1988 |
| LATEST PUBLICATION YEAR | 2026 |
| H-INDEX | 3 |
Revitalizing rural communities through institutional reform of quasi-markets
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 largely tax-financed, several countries have established quasi-markets to achieve competition through private entry to unleash entrepreneurship, efficiency, and service provision innovation. The reforms notwithstanding, productivity improvements are mod…
Neo-Schumpeterian growth theory: Missing entrepreneurs results in incomplete policy advice
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 uncertainty and by assuming that profits follow an objectively true and ex ante known probability distribution, the entrepreneur is made redundant. Thus, the theory fails to exhaustively explain innovation, the role of ownership competence, profits, the funct…
Shaping and furthering core conversations in entrepreneurship research: Dean A. Shepherd recipient of the 2025 Global Award for Entrepreneurship Research
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 and methodologically diverse research has significantly shaped and advanced our understanding of key aspects of the entrepreneurial process, including venture capitalists’ decision-making, the pursuit of business opportunities through entrepreneurial …
Moonshots and the New Industrial Policy: Questioning the Mission Economy
This open-access book discusses whether we need moonshot policies to spur innovation and economic growth, and what are the risks associated.
The psychology of entrepreneurial performance—theoretical and applied: Robert A. Baron and Michael Frese, co-recipients of the 2024 Global Award for Entrepreneurship Research
Professors Robert A. Baron and Michael Frese are the joint recipients of the 2024 Global Award for Entrepreneurship Research. Their research contributions have helped establish the disciplinary foundation necessary to explore entrepreneurship from theoretical and applied psychological perspectives. From a theoretical psychological perspective, Professor Baron has repeatedly introduced a disciplinary scaffolding from cognitive psychology, social p…
Per Davidsson: Recipient of the 2023 Global Award for Entrepreneurship Research
Professor Per Davidsson is the recipient of the 2023 Global Award for Entrepreneurship Research. Throughout an extraordinarily productive career, he has made invaluable contributions in building the field of entrepreneurship. His early studies on entrepreneurship and culture and his studies on the growth of small businesses played an important role in the emergence and development of entrepreneurship as a scholarly field of research. He has also,…
Female self-employment: Prevalence and performance effects of having a high-income spouse
Little is known about self-employment as a career choice for women who marry a high-income spouse. Using rich Swedish register data, we show that Swedish women who are married to a high-income spouse are, on average, highly educated and more likely to pursue self-employment than those married to a spouse in the middle of the income distribution. Our results indicate that the likelihood of entering self-employment increases by 128–176% for women w…
Entrepreneurial accessibility, eudaimonic well-being, and inequality
Dumbing Down: The Crisis of Quality and Equity in a Once-Great School System and How to Reverse the Trend
Getting the facts right on born globals
Policymakers in several countries have recently taken steps to promote the rapid export expansion of small- and medium-sized enterprises (SMEs). The goal of these policies has been to create successful export-intensive startups, which are often referred to as born globals. These measures are motivated by studies claiming that born global firms are disproportionately important for job creation and economic growth. Using detailed register data on t…
The social background of elite executives: The Swedish case
Sweden is often described as a country where intergenerational social mobility is high, but research also shows that social mobility decreases the closer one gets to the extreme top of the income distribution. We study the occupational mobility for the CEOs of Sweden’s 30 largest public firms since 1945. The study is based on a data set consisting of 229 former and current CEOs who were born between the late 1800s and 1970. We have information ab…
The rise and decline of industrial foundations as controlling owners of Swedish listed firms: The role of tax incentives
Beginning in the interwar period, industrial foundations became a vehicle for corporate control of large listed firms in Sweden. In the 1990s they were replaced by wealthy individuals who either directly own controlling blocks or who own them through holding companies. We study potential explanations for this change and propose two tax-related candidates: shifts in the relative effective taxation across owner types and the dismantling of inherita…
The Geography and Concentration of Authorship in the Top Five: Implications For European Economics
We study to what degree authors who publish in the five most prestigious journals in economics have previously published there and in which world region they are based. Although still high, the concentration of United States‐based and previously published top‐five authors has decreased. This trend is driven by increased co‐authorship between USA and non‐USA scholars and between scholars with and without previous top‐five articles. Only around 5% …
Financial and Institutional Reforms for an Entrepreneurial Society
In this paper, we introduce the special issue on Financial and Institutional Reforms for an Entrepreneurial Society in Europe. There are many reasons for Europe to want to make the transition to a more Entrepreneurial Society. And for decades now, policy makers are trying to bring that transition about with variations on the “educate, deregulate and finance” approach to entrepreneurship. We argue that more fundamental reforms are required to impr…
Stock option taxation: A missing piece in European innovation policy
Europe continues to lag behind the USA in venture capital (VC) activity and in the creation of successful startups, and has recently been surpassed by China. This is despite the fact that many European countries have deep financial markets, strong legal institutions, and high R&D spending. We point to the tax treatment of employee stock options as an explanation for the stronger growth of the US VC sector. As a response to high uncertainty and tr…
Evasive entrepreneurship
Inheritance taxation in Sweden, 1885-2004: The Role of Ideology, Family Firms, and Tax Avoidance
This article studies the evolution of Swedish inheritance taxation since the late nineteenth century to its abolition in 2004. The contribution of this article is twofold. First, the annual effective inheritance tax rates are computed for different sizes of bequests and asset types, accounting for all relevant exemptions, deductions, and valuation discounts. Second, an attempt is made to explain changes in inheritance taxation over time. Ideology…
Entrepreneurship, innovation, and human flourishing
Entrepreneurship and the theory of taxation
Gazelles as job creators: A survey and interpretation of the evidence
The Global Award for Entrepreneurship Research
The International Award for Entrepreneurship and Small Business Research was introduced in 1996, and it is now firmly established as the most prestigious award for outstanding research contributions in this subject area. Thanks to a generous donation from the Swedish entrepreneur Rune Andersson, it has been possible to make a number of changes aimed at strengthening global recognition of the Prize even further: the name is being changed to the Gl…
William J. Baumol: An Entrepreneurial Economist on the Economics of Entrepreneurship
The Transformation of Ownership Policy and Structure in Sweden: Convergence towards the Anglo-Saxon Model
We investigate the dramatic transformation of ownership policies and ownership structure in Sweden during the postwar period. After WWII, Swedish ownership policies were guided by a socialist vision where the ultimate goal was abolition of private ownership. These policies came to an end in the early 1980s. Since then a large number of Swedish firms have been acquired by foreign owners or merged with foreign firms and the foreign ownership share …
Determinants of the Prevalance of Start-ups and High-Growth Firms
Testing the Female Underperformance Hypothesis
Inheritance taxation in Sweden, 1885-2004: The Role of Ideology, Family Firms, and Tax Avoidance
This article studies the evolution of Swedish inheritance taxation since the late nineteenth century to its abolition in 2004. The contribution of this article is twofold. First, the annual effective inheritance tax rates are computed for different sizes of bequests and asset types, accounting for all relevant exemptions, deductions, and valuation discounts. Second, an attempt is made to explain changes in inheritance taxation over time. Ideology…
A new framework for testing the effect of government spending on growth and productivity
Sweden's Relative Economic Performance: Lagging Behind or Staying on Top
The purpose of this papers is confined to illuminating the aspect: Has Sewedish economic growth been slow relative to other industrialised countries in recent decades, i.e. is Sweden lagging behind
The Transformation of Ownership Policy and Structure in Sweden: Convergence towards the Anglo-Saxon Model
We investigate the dramatic transformation of ownership policies and ownership structure in Sweden during the postwar period. After WWII, Swedish ownership policies were guided by a socialist vision where the ultimate goal was abolition of private ownership. These policies came to an end in the early 1980s. Since then a large number of Swedish firms have been acquired by foreign owners or merged with foreign firms and the foreign ownership share …
The social background of elite executives: The Swedish case
Sweden is often described as a country where intergenerational social mobility is high, but research also shows that social mobility decreases the closer one gets to the extreme top of the income distribution. We study the occupational mobility for the CEOs of Sweden’s 30 largest public firms since 1945. The study is based on a data set consisting of 229 former and current CEOs who were born between the late 1800s and 1970. We have information ab…
Explaining the growth of government in Sweden: A disequilibrium approach
Explaining the growth of government
Explaining the growth of government in Sweden: A disequilibrium approach
A new framework for testing the effect of government spending on growth and productivity
Sweden's Relative Economic Performance: Lagging Behind or Staying on Top
The purpose of this papers is confined to illuminating the aspect: Has Sewedish economic growth been slow relative to other industrialised countries in recent decades, i.e. is Sweden lagging behind
Explaining National Differences in the Size and Industry Distribution Employment
What forces determine national differences in the size and industry distribution of employment? We stress the role of the economic policy environment as determined by business taxes, employment security laws, credit market regulations, the national pension system, wage-setting institutions and the size of the public sector. We characterize these aspects of the economic environment in Sweden prior to 1990–91 and compare them to the situation in ot…
Institutional Effects on the Evolution of the Size Distribution of Firms
Sveriges ekonomiska tillväxt och samhällsforskarnas objektivitet
The economic growth of Sweden and the objectivity of social scientistsIn an article in Sociologisk Forskning (2/98) Walter Korpi maintains that the claim by Swedish academic economists that Sweden’s economic growth has been slow compared to other rich countries is at odds with the empirical facts. Consequently, unless Sweden has grown slowly, an often cited basis for questioning the Swedish model is invalidated. Korpi also asserts that the discus…
Tjänstesektorn och jämställdheten bland näringslivets högre chefer
Why are there fewer women at top positions in the private sector in Sweden than in the private sector of many other industrialized countries, in short, why do women have so little economic power in Sweden? In an attempt to answer this question Magnus Henrekson takes the analysis of last years's final report from the Swedish government commission dealing with this issue (Kvinnomaktutredningen, SOU 1998:6) as his point of departure. An important as…
Testing the Female Underperformance Hypothesis
Determinants of the Prevalance of Start-ups and High-Growth Firms
The Transformation of Ownership Policy and Structure in Sweden: Convergence towards the Anglo-Saxon Model
We investigate the dramatic transformation of ownership policies and ownership structure in Sweden during the postwar period. After WWII, Swedish ownership policies were guided by a socialist vision where the ultimate goal was abolition of private ownership. These policies came to an end in the early 1980s. Since then a large number of Swedish firms have been acquired by foreign owners or merged with foreign firms and the foreign ownership share …
William J. Baumol: An Entrepreneurial Economist on the Economics of Entrepreneurship
The Global Award for Entrepreneurship Research
The International Award for Entrepreneurship and Small Business Research was introduced in 1996, and it is now firmly established as the most prestigious award for outstanding research contributions in this subject area. Thanks to a generous donation from the Swedish entrepreneur Rune Andersson, it has been possible to make a number of changes aimed at strengthening global recognition of the Prize even further: the name is being changed to the Gl…
Gazelles as job creators: A survey and interpretation of the evidence
Entrepreneurship and the theory of taxation
Entrepreneurship, innovation, and human flourishing
Evasive entrepreneurship
Inheritance taxation in Sweden, 1885-2004: The Role of Ideology, Family Firms, and Tax Avoidance
This article studies the evolution of Swedish inheritance taxation since the late nineteenth century to its abolition in 2004. The contribution of this article is twofold. First, the annual effective inheritance tax rates are computed for different sizes of bequests and asset types, accounting for all relevant exemptions, deductions, and valuation discounts. Second, an attempt is made to explain changes in inheritance taxation over time. Ideology…
Financial and Institutional Reforms for an Entrepreneurial Society
In this paper, we introduce the special issue on Financial and Institutional Reforms for an Entrepreneurial Society in Europe. There are many reasons for Europe to want to make the transition to a more Entrepreneurial Society. And for decades now, policy makers are trying to bring that transition about with variations on the “educate, deregulate and finance” approach to entrepreneurship. We argue that more fundamental reforms are required to impr…
Stock option taxation: A missing piece in European innovation policy
Europe continues to lag behind the USA in venture capital (VC) activity and in the creation of successful startups, and has recently been surpassed by China. This is despite the fact that many European countries have deep financial markets, strong legal institutions, and high R&D spending. We point to the tax treatment of employee stock options as an explanation for the stronger growth of the US VC sector. As a response to high uncertainty and tr…
The Geography and Concentration of Authorship in the Top Five: Implications For European Economics
We study to what degree authors who publish in the five most prestigious journals in economics have previously published there and in which world region they are based. Although still high, the concentration of United States‐based and previously published top‐five authors has decreased. This trend is driven by increased co‐authorship between USA and non‐USA scholars and between scholars with and without previous top‐five articles. Only around 5% …
The rise and decline of industrial foundations as controlling owners of Swedish listed firms: The role of tax incentives
Beginning in the interwar period, industrial foundations became a vehicle for corporate control of large listed firms in Sweden. In the 1990s they were replaced by wealthy individuals who either directly own controlling blocks or who own them through holding companies. We study potential explanations for this change and propose two tax-related candidates: shifts in the relative effective taxation across owner types and the dismantling of inherita…
Getting the facts right on born globals
Policymakers in several countries have recently taken steps to promote the rapid export expansion of small- and medium-sized enterprises (SMEs). The goal of these policies has been to create successful export-intensive startups, which are often referred to as born globals. These measures are motivated by studies claiming that born global firms are disproportionately important for job creation and economic growth. Using detailed register data on t…
The social background of elite executives: The Swedish case
Sweden is often described as a country where intergenerational social mobility is high, but research also shows that social mobility decreases the closer one gets to the extreme top of the income distribution. We study the occupational mobility for the CEOs of Sweden’s 30 largest public firms since 1945. The study is based on a data set consisting of 229 former and current CEOs who were born between the late 1800s and 1970. We have information ab…
Female self-employment: Prevalence and performance effects of having a high-income spouse
Little is known about self-employment as a career choice for women who marry a high-income spouse. Using rich Swedish register data, we show that Swedish women who are married to a high-income spouse are, on average, highly educated and more likely to pursue self-employment than those married to a spouse in the middle of the income distribution. Our results indicate that the likelihood of entering self-employment increases by 128–176% for women w…
Economics (29 works) · Entrepreneurship (16 works) · Political science (14 works) · Business (11 works) · Entrepreneurship Studies and Influences (11 works) · Law (11 works) · Firm Innovation and Growth (9 works) · Market economy (9 works) · Sociology (9 works) · Finance (8 works)