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Patterns and Determinants of Entry and Exit in Industrial Sectors in Sweden

PublikationArtikel (med peer review)
Arbetsmarknad, Entry, Industri, Kristina Nyström

Sammanfattning

This paper uses a unique dataset which gives a complete picture of the pattern of entry and exit in industrial sectors in Sweden during the period 1997–2001. The importance of profitability, industrial market growth, tangible capital intensity, intangible capital intensity and economies of scale for entry and exit are investigated. A fixed effects panel data model is used, and it is shown that the inclusion of unobserved industry-specific effects explains many of the inter-industrial differences in entry and exit rates. For policymakers, this implies that it is difficult to formulate an entrepreneurship policy that can be expected to be equally successful across all industries. It is also shown that investments in intangible assets is one way to compete, while economies of scale tend to deter entry rates.

Nyström, K. (2007). ”Patterns and Determinants of Entry and Exit in Industrial Sectors in Sweden”. Journal of International Entrepreneurship, 5(3-4): 85-110.

Baserat på innehåll

Entrepreneurial Politicians
Artikel (med peer review)Publikation
Nyström, K.
Publiceringsår

2013

Publicerat i
Sammanfattning

This paper explores the entrepreneurial experience (and spirit) of politicians. To what extent have they been involved in entrepreneurial activities? Are politicians more or less entrepreneurial than their voters? Are entrepreneurship policies more or less important to politicians compared to the voters they represent? The Members of the Swedish Parliament were asked the same questions regarding their entrepreneurial activities as found in the Global Entrepreneurship Monitor (GEM). The empirical results indicate that when we analyse the statistical significance of the differences and control for individual characteristics, politicians have similar experiences and ambitions to the rest of the population when it comes to entrepreneurial activities. Politicians have a high potential for becoming entrepreneurs in the future, but seem to be less optimistic about how entrepreneurs are perceived in the cultural context. In addition, there is a substantial discrepancy between how politicians and voters perceive the ease of starting and running a business. Unlike politicians, voters do not agree that it is easy to start and run a business in Sweden.

The Importance of Industry Structure in the Analysis of Regional Entry and Exit
Artikel (med peer review)Publikation
Nyström, K.
Publiceringsår

2009

Sammanfattning

Previous empirical research has suggested that a large amount of the regional variation of new firm formation can be explained by differences in industrial structure. This paper studies the regional patterns of entry and exit in Sweden 1997-2001 considering these findings. It is shown that for the country as a whole, on average during these five years between 0.5 and 2.7 per cent of the regional variation in entry and exit rates remain to be explained when regional industrial entry and exit rates are compared to the national average. However, there are substantial regional variations, which should be acknowledged by policy-makers.

An Industry Disaggregated Analysis of the Determinants of Entry and Exit
Artikel (med peer review)Publikation
Nyström, K.
Publiceringsår

2007

Sammanfattning

Empirical research by, among others, Armington and Acs (Reg Stud 36:33–45, 2002) show that regional determinants of new firm formation differ between industries. This paper reinvestigates the regional determinants of entry and exit considering these findings using panel data methods at three different levels of aggregation. Agglomeration, in terms of localisation economies, is unequivocally found to be positive for regional new firm formation, but does not necessarily prevent firms from exiting. The results also show that industry structure is a more important explanatory variable for differences between entry and exit rates across regions than regional factors.

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