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About Has The Swedish Business Sector Become More Entrepreneurial Than The U.S. Business Sector?
This paper analyzes whether the Swedish business sector has become more entrepreneurial than the U.S. business sector in recent decades. Using detailed Swedish firm-level data from 1990 to 2013, the authors find that young firms (aged 5 years or less) have accounted for over half of all Swedish firms on average, compared to a declining share of around 40% in the U.S. However, since the mid-2000s, job destruction rates have risen for young Swedish firms, leading to a small decline in their employment share. The authors argue that extensive economic reforms in Sweden in the 1990s that reduced barriers to entry and increased flexibility likely explain why Sweden has not seen the same decline in entrepreneurship as the U.S
Detailed Information
| Author: | ['S Ale'] |
|---|---|
| Publication Year: | 2019 |
| Pages: | 38 |
| Language: | English |
| Format: | |
| Price: | FREE |
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