Magnus Henrekson

TL;DR: This paper studied 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, and they found that the con...

TL;DR: In this article, the authors define entrepreneurial rents as "the surplus that is created in a successful entrepreneurial venture" which is much higher than the profit corresponding to the risk-adjusted market rate of return.

Abstract: The overwhelming majority of self-employed individuals are not entrepreneurial in the Schumpeterian sense. To unmistakably identify Schumpeterian entrepreneurs, we focus on self-made billionaires (in USD) from the Forbes Magazine list who became wealthy by founding new firms. In this way, we identify 996 billionaire entrepreneurs in over fifty countries during the 1996-2010 period. Interestingly, the rate of billionaire entrepreneurs per capita correlates negatively with self-employment rates. Countries with higher incomes, higher trust, lower taxes, more venture capital investment and lower regulatory burdens have higher entrepreneurship rates but less self-employment. Europe has a higher self-employment rate than the United States and East Asia. At the same time, Europe has a lower entrepreneurship rate than competitor regions. Europe underperforms in entrepreneurship despite having advantages such as a skilled labour force, good infrastructure, large markets and strong performance in technological innovation.

TL;DR: Shane was the first recipient of the Global Award for Entrepreneurship Research (GATE) as mentioned in this paper, an upgrade of the previous award given annually since 1996, and since then firmly established as the leading prize for outstanding research contributions in the area.

TL;DR: Henrekson and Jakobsson as mentioned in this paper analyzed the svenska foretag overgatt i utlandsk ago eller fusionerats med utlandska foretags.