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Absolute income mobility and the effect of parent generation inequality: An extended decomposition approach
Liss, E., Korpi, M., & Wennberg, K.
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Selected publication

No evidence of counteracting policy effects on European solar power invention and diffusion
Grafström, J., & Poudineh, R.
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About

  • About us

    • About
    • Contact us
  • Media

    • News archive
  • Cooperations

    • Eli F. Heckscher Lectures

Research

  • Areas

    • Labour Market Research
    • Competitiveness Research
    • Climate and Environmental Research
  • Ongoing research

    • Working Paper Series
  • People
  • Publications

    • Publications

      • Publications

    Virtues in Entrepreneurship

    PublicationBook
    Deirdre McCloskey, Dygder, Företagandets villkor, Företagsetik, Karl Wennberg, Mikolaj Norek, Nils Karlson, Rasmus Nykvist, Virtues in Entrepreneurship

    Abstract

    Boken Virtues in Entrepreneurship handlar om företagsetik som långsiktigt leder till växande företag och mänsklig blomstring, och även skapar respekt för företagares samhällsinsats.
    I tio empiriska och teoretiska bidrag analyseras vad som utmärker ekonomiskt beslutsfattande i framgångsrika företag. Vad krävs i form av arbetsinsats, omdöme, risktagande, uthållighet, samarbetsförmåga och andra färdigheter för att långsiktigt lyckas som entreprenör?

    Denna dygdetik betonar vikten av inlärda karaktärsdrag som mod, uthållighet, rättvisa, driftighet och förmågan att fatta väl avvägda beslut, liksom strävan att åstadkomma gott. Det är en etik som inte är externt påbjuden, som de idag dominerande CSR- och intressentmodellerna, utan utgår från företagandets egna processer och utvecklingsbehov.

    Entreprenörskapets företagsetik sätter fokus på den enskilda företagarens eget handlande när de driver och utvecklar sina företag i syfte att skapa vinst och tillväxt. Entreprenörsdygder av detta slag kan ses som centrala kompetenser i dagens samhälle, vilket har stora konsekvenser för bland annat synen på vinstdrivande verksamheter, respekten för företagares samhällsinsats, utbildningen av företagsledare samt relationen mellan stat och marknad.

    Karlson, N., Wennberg, K. & Norek, M. (2015). Virtues in Entrepreneurship. Stockholm: Ratio.

    Introduction by Deirdre McCloskey, Distinguished Professor of Economics, History, English, and Communication at the University of Illinois at Chicago.

    Details

    Author

    Karlson, N., Wennberg, K. & Norek, M.

    Publication year

    2015

    Published in

    Virtues in Entrepreneurship

    Related

    Karl Wennberg
    Professor

    +46705105366

    karl.wennberg@ratio.se

    Nils Karlson
    Professor, Founder and former CEO

    +46708670351

    nils.karlson@ratio.se


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    Configurational research has great promise in entrepreneurship. There are few universal laws or relationships that hold under all circumstances. More often, optimal entrepreneurial outcomes are contingent on many factors. Consequently, configurational analysis using qualitative comparative analysis (QCA) has become increasingly popular. However, methodological research in sociology and political science has raised concerns about possible false positive findings produced by this method. In this editorial, we explore the potential and the common pitfalls of QCA in entrepreneurship research, as well as guidelines for its use.

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    Insider activism—where bureaucrats use discretionary power to advance own ideological goals—has significant implications for regulatory stability and property rights security. Using the Swedish forestry industry as a case study, the purpose of this study is to investigate if insider activism affects the Swedish forestry sector and how such possible regulatory uncertainty influences economic decision-making. Assembled survey data suggest that forest owners perceive regulatory enforcement as unpredictable, leading to defensive actions such as premature harvesting to preempt restrictive future regulations. To explain these patterns, we apply public choice theory and a game-theoretic approach, demonstrating how bureaucratic drift, regulatory ratcheting, and time-inconsistency problems contribute to persistent distortions in forestry policies. Policy wise, the findings emphasize the need for judicial review, regulatory impact assessments, and clearer legislative mandates to reduce enforcement uncertainty and improve institutional trust. This research advances discussions on bureaucratic incentives, regulatory capture, and legal certainty in environmental policy.

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    Previous research in business and management history has identified the Icarus paradox, which describes how organisations may fall due to overconfidence and hubris. We build upon previous research on paradoxes in business history and introduce the notion of an inverted Icarus paradox. Using rich archival sources coded in a relational database, we show how an entrant firm, Comvik, outmanoeuvred an established government monopoly in the non-market domain from 1980 to 1990, despite inferior resources and a weak market position. The government monopoly Televerket faced an inverted Icarus paradox; it could not leverage its strengths and political connections as they were stuck in a David versus Goliath narrative where public opinion was more sympathetic to the entrant firm Comvik.

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