Pontus Braunerhjelm
Biographic Data
| ID | 1140780 |
|---|---|
| NAME | Pontus Braunerhjelm |
| GIVEN NAMES | Pontus |
| FAMILY NAME | Braunerhjelm |
| SIGNATURE | BRAUNERHJELM P |
| AFFILIATIONS | KTH Royal Institute of Technology |
| ORCID | 0000-0003-0218-7924 |
| VERIFIED | Yes |
| TOTAL WORKS | 16 |
| TOTAL CITATIONS | 17 |
| AUTHOR COUNT | 16 |
| EDITOR COUNT | 0 |
| FIRST PUBLICATION YEAR | 1999 |
| LATEST PUBLICATION YEAR | 2022 |
| H-INDEX | 2 |
Rethinking stabilization policies; Including supply-side measures and entrepreneurial processes
Traditional macroeconomic stabilization policies seek to moderate swings in economic activity through measures that primarily augment aggregate demand. Such measures are, however, inadequate in mitigating the comprehensive effects of crisis such as the COVID-19, which affects both the demand and supply sides of the economy. Moreover, monetary policies are presently close to a liquidity trap combined with weakened transmission links to the real ec…
Boyan Jovanovic
The 2019 Global Award for Entrepreneurship Research has been awarded to Professor Boyan Jovanovic at New York University in the USA. Boyan Jovanovic has developed pioneering research that advances our understanding of the competitive dynamics between incumbent firms and new entrants, entrepreneurial learning and selection processes, and the importance of entrepreneurship for the economy. Key perspectives in his research are that the entrepreneur …
Academic Entrepreneurship
Is the Bayh-Dole intellectual property regime associated with more and better academic entrepreneurship than the Professor's Privilege regime? The authors examine data on US PhDs in the natural sciences, engineering, and medical fields who became entrepreneurs in 1993-2006 and compare this to similar data from Sweden. They find that, in both countries, those with an academic background have lower rates of entry into entrepreneurship than do those…
The knowledge spillover theory of intrapreneurship
Introducing the Knowledge Spillover Theory of Intrapreneurship, we examine how labour mobility impacts innovation distributed by firm size. A matched employer-employee dataset, pooled with firm-level patent application data, is implemented in the analysis. We provide new evidence that knowledge workers’ mobility has a positive and strongly significant impact on all firms’ innovation output, measured as patent applications. The patterns and effect…
Philippe Aghion
Professor Philippe Aghion is the 2016 recipient of the Global Award for Entrepreneurship Research, consisting of 100,000 Euros and a statuette designed by the internationally renowned Swedish sculptor Carl Milles. He is one of the most influential researchers worldwide in economics in the last couple of decades. His research has advanced our understanding of the relationship between firm-level innovation, entry and exit on the one hand, and produ…
Spin-offs
Based on unique data covering individuals, firms, industries and regions for the 1999-2005 period, we contribute with new knowledge concerning the impact of regional variables on spin-offs. Implementing a large number of controls, as well as different estimation techniques and robustness tests, we show that Jacobian externalities have a positive effect on spin-offs. Moreover, using an entropy measure to disentangle unrelated and related variety (…
The evolving domain of entrepreneurship research
Research on entrepreneurship has flourished in recent years and is evolving rapidly. This article explores the history of entrepreneurship research, how the research domain has evolved, and its current status as an academic field. The need to concretize these issues stems partly from a general interest in defining the current research domain and partly from the more specific tasks confronting the prize committee of the Global Award for Entreprene…
Growth and entrepreneurship
Steven Klepper
This article reviews the academic contributions of the 2011 receiver of the Global Award for Entrepreneurship Research, Professor Steven Klepper, Carnegie Mellon University. The Global Award consists of 100,000 Euro and a statuette of the internationally renowned Swedish sculpture Carl Milles. Klepper has made breakthrough analyses in the realm of industrial dynamics, emphasizing the regularities in the time paths of entry of new producers, exit …
The missing link
The intellectual breakthrough contributed by the new growth theory was the recognition that investments in knowledge and human capital endogenously generate economic growth through the spillover of knowledge. However, endogenous growth theory does not explain how or why spillovers occur. This paper presents a model that shows how growth depends on knowledge accumulation and its diffusion through both incumbents and entrepreneurial activities. We …
Josh Lerner
This article describes the academic contributions of the 2010 recipient of the Global Award for Entrepreneurship Research, Professor Josh Lerner of the Harvard Business School. Lerner’s empirical research on the inter-relationship between venture capital, innovation and entrepreneurship has greatly extended and improved our understanding of one of the major drivers of growth in modern economies. The first part of this article explains Lerner’s co…
The knowledge spillover theory of entrepreneurship
Contemporary theories of entrepreneurship generally focus on the recognition of opportunities and the decision to exploit them. Although the entrepreneurship literature treats opportunities as exogenous, the prevailing theory of economic growth suggests they are endogenous. This paper advances the microeconomic foundations of endogenous growth theory by developing a knowledge spillover theory of entrepreneurship. Knowledge created endogenously re…
Cluster Genesis
Geographical Concentration, Entrepreneurship and Regional Growth
Braunerhjelm P. and Borgman B. (2004) Geographical concentration, entrepreneurship and regional growth: evidence from regional data in Sweden, 1975-99, Regional Studies38, 929-947. This paper implements Swedish data cross-tabulated on 143 industries (four-digit level) and 70 labour market regions for 1975-99 to examine empirically the degree of concentration in the production of goods and services, the relationship between concentration and regio…
Does Foreign Direct Investment Replace Home Country Investment? The Effect of European Integration on the Location of Swedish Investment
The purpose of this article is to examine the effects of European integration on the location of investments by Swedish multinational corporations (MNCs). Evidence is presented about the extent to which European integration has attracted investment by Swedish MNCs, and whether foreign direct investment (FDI) is being undertaken at the expense of home country investment. In the empirical analysis, involving both OLS and iterative SUR techniques, a…
Industry Clusters in Ohio and Sweden, 1975--1995
Geographical Concentration, Entrepreneurship and Regional Growth
Braunerhjelm P. and Borgman B. (2004) Geographical concentration, entrepreneurship and regional growth: evidence from regional data in Sweden, 1975-99, Regional Studies38, 929-947. This paper implements Swedish data cross-tabulated on 143 industries (four-digit level) and 70 labour market regions for 1975-99 to examine empirically the degree of concentration in the production of goods and services, the relationship between concentration and regio…
Spin-offs
Based on unique data covering individuals, firms, industries and regions for the 1999-2005 period, we contribute with new knowledge concerning the impact of regional variables on spin-offs. Implementing a large number of controls, as well as different estimation techniques and robustness tests, we show that Jacobian externalities have a positive effect on spin-offs. Moreover, using an entropy measure to disentangle unrelated and related variety (…
Academic Entrepreneurship
Is the Bayh-Dole intellectual property regime associated with more and better academic entrepreneurship than the Professor's Privilege regime? The authors examine data on US PhDs in the natural sciences, engineering, and medical fields who became entrepreneurs in 1993-2006 and compare this to similar data from Sweden. They find that, in both countries, those with an academic background have lower rates of entry into entrepreneurship than do those…
Does Foreign Direct Investment Replace Home Country Investment? The Effect of European Integration on the Location of Swedish Investment
The purpose of this article is to examine the effects of European integration on the location of investments by Swedish multinational corporations (MNCs). Evidence is presented about the extent to which European integration has attracted investment by Swedish MNCs, and whether foreign direct investment (FDI) is being undertaken at the expense of home country investment. In the empirical analysis, involving both OLS and iterative SUR techniques, a…
Industry Clusters in Ohio and Sweden, 1975--1995
Does Foreign Direct Investment Replace Home Country Investment? The Effect of European Integration on the Location of Swedish Investment
The purpose of this article is to examine the effects of European integration on the location of investments by Swedish multinational corporations (MNCs). Evidence is presented about the extent to which European integration has attracted investment by Swedish MNCs, and whether foreign direct investment (FDI) is being undertaken at the expense of home country investment. In the empirical analysis, involving both OLS and iterative SUR techniques, a…
Geographical Concentration, Entrepreneurship and Regional Growth
Braunerhjelm P. and Borgman B. (2004) Geographical concentration, entrepreneurship and regional growth: evidence from regional data in Sweden, 1975-99, Regional Studies38, 929-947. This paper implements Swedish data cross-tabulated on 143 industries (four-digit level) and 70 labour market regions for 1975-99 to examine empirically the degree of concentration in the production of goods and services, the relationship between concentration and regio…
Cluster Genesis
The knowledge spillover theory of entrepreneurship
Contemporary theories of entrepreneurship generally focus on the recognition of opportunities and the decision to exploit them. Although the entrepreneurship literature treats opportunities as exogenous, the prevailing theory of economic growth suggests they are endogenous. This paper advances the microeconomic foundations of endogenous growth theory by developing a knowledge spillover theory of entrepreneurship. Knowledge created endogenously re…
The missing link
The intellectual breakthrough contributed by the new growth theory was the recognition that investments in knowledge and human capital endogenously generate economic growth through the spillover of knowledge. However, endogenous growth theory does not explain how or why spillovers occur. This paper presents a model that shows how growth depends on knowledge accumulation and its diffusion through both incumbents and entrepreneurial activities. We …
Josh Lerner
This article describes the academic contributions of the 2010 recipient of the Global Award for Entrepreneurship Research, Professor Josh Lerner of the Harvard Business School. Lerner’s empirical research on the inter-relationship between venture capital, innovation and entrepreneurship has greatly extended and improved our understanding of one of the major drivers of growth in modern economies. The first part of this article explains Lerner’s co…
Steven Klepper
This article reviews the academic contributions of the 2011 receiver of the Global Award for Entrepreneurship Research, Professor Steven Klepper, Carnegie Mellon University. The Global Award consists of 100,000 Euro and a statuette of the internationally renowned Swedish sculpture Carl Milles. Klepper has made breakthrough analyses in the realm of industrial dynamics, emphasizing the regularities in the time paths of entry of new producers, exit …
Growth and entrepreneurship
The evolving domain of entrepreneurship research
Research on entrepreneurship has flourished in recent years and is evolving rapidly. This article explores the history of entrepreneurship research, how the research domain has evolved, and its current status as an academic field. The need to concretize these issues stems partly from a general interest in defining the current research domain and partly from the more specific tasks confronting the prize committee of the Global Award for Entreprene…
Spin-offs
Based on unique data covering individuals, firms, industries and regions for the 1999-2005 period, we contribute with new knowledge concerning the impact of regional variables on spin-offs. Implementing a large number of controls, as well as different estimation techniques and robustness tests, we show that Jacobian externalities have a positive effect on spin-offs. Moreover, using an entropy measure to disentangle unrelated and related variety (…
Philippe Aghion
Professor Philippe Aghion is the 2016 recipient of the Global Award for Entrepreneurship Research, consisting of 100,000 Euros and a statuette designed by the internationally renowned Swedish sculptor Carl Milles. He is one of the most influential researchers worldwide in economics in the last couple of decades. His research has advanced our understanding of the relationship between firm-level innovation, entry and exit on the one hand, and produ…
The knowledge spillover theory of intrapreneurship
Introducing the Knowledge Spillover Theory of Intrapreneurship, we examine how labour mobility impacts innovation distributed by firm size. A matched employer-employee dataset, pooled with firm-level patent application data, is implemented in the analysis. We provide new evidence that knowledge workers’ mobility has a positive and strongly significant impact on all firms’ innovation output, measured as patent applications. The patterns and effect…
Boyan Jovanovic
The 2019 Global Award for Entrepreneurship Research has been awarded to Professor Boyan Jovanovic at New York University in the USA. Boyan Jovanovic has developed pioneering research that advances our understanding of the competitive dynamics between incumbent firms and new entrants, entrepreneurial learning and selection processes, and the importance of entrepreneurship for the economy. Key perspectives in his research are that the entrepreneur …
Academic Entrepreneurship
Is the Bayh-Dole intellectual property regime associated with more and better academic entrepreneurship than the Professor's Privilege regime? The authors examine data on US PhDs in the natural sciences, engineering, and medical fields who became entrepreneurs in 1993-2006 and compare this to similar data from Sweden. They find that, in both countries, those with an academic background have lower rates of entry into entrepreneurship than do those…
Rethinking stabilization policies; Including supply-side measures and entrepreneurial processes
Traditional macroeconomic stabilization policies seek to moderate swings in economic activity through measures that primarily augment aggregate demand. Such measures are, however, inadequate in mitigating the comprehensive effects of crisis such as the COVID-19, which affects both the demand and supply sides of the economy. Moreover, monetary policies are presently close to a liquidity trap combined with weakened transmission links to the real ec…
Economics (15 works) · Entrepreneurship (14 works) · Economic geography (7 works) · Economic Growth and Productivity (7 works) · Entrepreneurship Studies and Influences (7 works) · Firm Innovation and Growth (7 works) · Industrial organization (6 works) · Neoclassical economics (5 works) · Political science (5 works) · Sociology (5 works)