The Birth, the Life and the Death of Firms – The Role of Entrepreneurship

Ann-Charlotte Fridh, Åsa Eliasson, Clas Wihlborg, Dan Johansson, Entreprenörskap, Erol Taymaz, Företagandets villkor, Gunnar Eliasson, Institutionell ekonomi, Klas Buttwill, Kreativ förstörelse


Business successes and failure are natural features in a growing and experimentally organized economy. The ongoing reorganisation of the global economy and changing competitive circumstances have short-ened the life cycle of firms and spelled crisis for several of Sweden’s large international companies. In The Birth, the Life and the Death of Firms, edited by professor Gunnar Eliasson, the enormous business opportunities and the ongoing industrial transformation are contrasted with the political and social problems the change is bringing, and the propensity of institutions to conserve existing structures rather than facilitate the introduction of new ones.The importance of firm’s exits and deaths and the releasing of resources that follows are studied in a regional perspective (Lake Mälar Region), where Pharmacia’s fate and Uppsala’s local economy have been chosen as a case study. There is also a comparison between the deaths of listed British and Swedish companies and of the similarly structured but much larger Bavaria/Baden-Württemberg regional economy in southern Germany with the Lake Mälar Region in Sweden.The regional study demonstrates the enormous complexity of the ongoing industrial dynamics and how easy it is to commit business mistakes. This indicates that risks have to be shared between firms and institutions if large industrial opportunities should not be lost. Furthermore, creative destruction has to destroy the institutions of society at least as much as it destroys physical production capital.

Eliasson, G. (red.) (2005). The Birth, the Life and the Death of Firms – The Role of Entrepreneurship, Creative Destruction and Conservative Institutions in a Growing and Experimentally Organized Economy. Stockholm: Ratio.

Participating researchers and authors: Klas Buttwill, Gunnar Eliasson, Åsa Eliasson, Ann-Charlotte Fridh, Dan Johansson, Cliff Pratten, Erol Taymaz and Clas Wihlborg.

Liknande innehåll

Less from more: China built wind power, but gained little electricity.
Grafström, J.


Publicerat i

Questioning the Entrepreneurial State, 219.


This chapter investigates Chinese wind power development and concludes that innovation cannot be pushed by the efforts of many, and that when the state clarifies directions and objectives, these can be achieved but with severe and unexpected side effects. Two topics are explored: wind curtailment and low technological development, both examples of unproductive entrepreneurship induced by government policies. The goal of wind power capacity expansion leads to construction (i.e., generation capacity) but little electricity. Examples of failures include low grid connectivity with, some years averaging 15% of generation capacity broken or unconnected to the grid. A key lesson for Europe is that forced innovation often amounts to little and that the old saying holds up: “no plan survives contact with reality.”

The book can be downloaded here.

Konkurrens, selektion och entreprenöriellt lärande – Global Award for Entrepreneurship Research 2019 till Boyan Jovanovic
Artikel (utan peer review)Publikation
Andersson, M., Braunerhjelm, P., Delmar, F., Rickne, A., Stenkula, M., Thorburn, K. & Wennberg, K.


Publicerat i

Denna artikel presenterar 2019 års pristagare av Global Award for Entrepreneurship Research – Boyan Jovanovic – och vilka bidrag han har gjort inom entreprenörskapsforskningen. Även om Jovanovic är en välkänd och välciterad ekonom inom akademin är måhända hans explicita bidrag inom entreprenörskapsforskningen inte lika välkända. Jovanovic har bidragit till en ökad förståelse av vem som egentligen blir entreprenör och entreprenörskapets betydelse för såväl företagsstruktur som innovationskraft och ekonomisk tillväxt.

The openness of open innovation in ecosystems
Artikel (med peer review)Publikation
Öberg, C., & Alexander, A.



Open innovation has rendered increased interest both in practice and research, and has expanded from dyadic transfers of ideas, to ecosystem levels. Knowledge is at the heart of open innovation, and this paper describes and discusses knowledge-transfer linkages for open innovation. It does so based on a literature review. The paper links together open innovation research with general management research to categorise and discuss linkages among parties in terms of their openness and how they relate to knowledge management. Conclusions indicate that openness needs to be considered in different dimensions that also links to different knowledge management outcomes. The paper’s contribution consists of how it connects open innovation research to the general management literature, and how it builds a practical understanding of how linkages between firms can be categorised to aid firms to consider which mechanisms they may choose and why.

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