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

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Elert, Niklas
  • Henrekson, Magnus
  • Stenkula, Mikael
  • Research Institute of Industrial Economics (IFN)

Entstanden

  • 2017

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