Arbeitspapier
Institutional reform for innovation and entrepreneurship: An agenda for Europe
It is imperative that the economies of the European Union become more entrepreneurial to promote innovation and economic growth. To achieve these goals, we propose a reform strategy with respect to (i) the rule of law and the protection of property rights; (ii) the tax system; (iii) regulations governing savings, capital and finance; (iv) the organization of labor markets and social insurance systems; (v) regulations governing goods and service markets; (vi) regulations governing bankruptcy and insolvency; (vii) R&D, commercialization and knowledge spillovers; (viii) human capital investments; and (ix) informal institutions. Overall, the proposed institutional changes move in a liberalizing direction; however, one-size-fits-all policy reforms aimed at freer markets will not necessarily be successful. Instead, a successful reform strategy must consider country differences that affect the viability of reform without abandoning the long-term goal of institutional liberalization to promote entrepreneurship, innovation and growth.
- Sprache
-
Englisch
- Erschienen in
-
Series: IFN Working Paper ; No. 1150
- Klassifikation
-
Wirtschaft
Entrepreneurship
New Firms; Startups
Innovation and Invention: Processes and Incentives
Capitalist Systems: Property Rights
- Thema
-
Entrepreneurship
European Union
Innovation
Institutions
Policy reform
Regulation
Self-employment
Technologiepolitik
Entrepreneurship
Unternehmensgründung
Innovation
Institutioneller Wandel
Gründungsförderung
Selbstständige
EU-Staaten
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Elert, Niklas
Henrekson, Magnus
Stenkula, Mikael
- Ereignis
-
Veröffentlichung
- (wer)
-
Research Institute of Industrial Economics (IFN)
- (wo)
-
Stockholm
- (wann)
-
2017
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:42 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Elert, Niklas
- Henrekson, Magnus
- Stenkula, Mikael
- Research Institute of Industrial Economics (IFN)
Entstanden
- 2017