Stockholm School of Economics

About: Stockholm School of Economics is a education organization based out in Stockholm, Sweden. It is known for research contribution in the topics: Population & Entrepreneurship. The organization has 1186 authors who have published 4891 publications receiving 285543 citations. The organization is also known as: Stockholm Business School & Handelshögskolan i Stockholm.

The Psychology of Innovative Entrepreneurship

Abstract: Many industrialized countries are somehow losing momentum in their economic development. This seems to be the case with the West European countries and the U.S.A. Lack of entrepreneurial activities is one of the major factors blamed for the negative development. Politicians and mass media in many countries frequently stress the need for innovative entrepreneurship. It is noted that Japanese entrepreneurship has made Japan prosper in an impressive way since the end of the second world war. Great expectations are founded on the possibilities of using the potentials of high technology. High technology industries provide an interesting story of innovative exploitation of research ideas in enterprises that have started out small, but rapidly grown into large complexes. Rogers and Larsen (1986) who have published a study of the rise and continued fortunes of Silicon Valley firms, talk about a Silicon Valley “fever” spreading to nations all over the world and even including the People’s Republic of China.

The Costs of Political Influence: Firm-Level Evidence From Developing Countries

Abstract: Arrangements by which politically connected firms receive economic favors are a common feature around the world, but little is known of the form or effects of influence in business–government relationships. We present a simple model in which influence requires firms to provide goods of political value in exchange for economic privileges. We argue that political influence improves the business environment for selected firms, but restricts their ability to fire workers. Under these conditions, if political influence primarily lowers fixed costs over variable costs, then favored firms will be less likely to invest and their productivity will suffer, even if they earn higher profits than non-influential firms. We rely on the World Bank's Enterprise Surveys of approximately 8000 firms in 40 developing countries, and control for a number of biases present in the data. We find that influential firms benefit from lower administrative and regulatory barriers (including bribe taxes), greater pricing power, and easier access to credit. But these firms also provide politically valuable benefits to incumbents through bloated payrolls and greater tax payments. Finally, these firms are worse-performing than their non-influential counterparts. Our results highlight a potential channel by which cronyism leads to persistent underdevelopment.

Cost of breast cancer in Sweden in 2002.

Abstract: Breast cancer is the most common cancer among Swedish women and an important cause of illness and death. The aim of this study was to estimate the total cost of breast cancer in Sweden in 2002, using a top-down prevalence-based cost-of-illness approach. The total cost of breast cancer in Sweden in 2002 was estimated at 3.0 billion SEK (1 € = 9.4 SEK). The direct costs were estimated at 895 million SEK and constituted 30% of the total cost. Indirect costs were estimated at 2.1 billion SEK and constituted 70% of the total cost. The main cost driver was production losses caused by premature mortality, amounting to 52% of the indirect costs. The reason that indirect costs were the dominant cost is because most newly detected breast cancers occur in patients aged below 65, thus causing significant production losses due to sick leave, early retirement, and premature mortality.

Willingness to pay for hormone replacement therapy.

Abstract: SUMMARY This study addresses the question of willingness to pay (WTP) for hormone replacement therapy (HRT) in order to alleviate menopausal symptoms. The woman obtains utility from consumption of goods and health. The purchase of a treatment is represented as a shift in the health production function during the treatment period. The mean WTP for the HRT is estimated using a parametric and a non-parametric method. The mean WTP based on these two methods is similar in both cases and amounts to about SEK 40 000 per year. Further, it is shown that the mean WTP is above the mean treatment cost of HRT. Finally, the implied WTP per gained quality adjusted life year (QALY) is estimated at about SEK 120 000 and SEK 160 000 based on the rating scale (RS) and time trade-off (TTO) methods, respectively. © 1998 John Wiley & Sons, Ltd.