Taxation, Labor Market Policy and High-Impact Entrepreneurship
Magnus Henrekson (),
Dan Johansson () and
Mikael Stenkula ()
No 149, Ratio Working Papers from The Ratio Institute
Public policy affects the prevalence and performance of both productive and high-impact entrepreneurship. High-impact entrepreneurship prospers when knowledge is successfully generated and exploited in the economy. This process depends on complementary key actors who use their competencies in what we denote a competence bloc. Although variations in economic contexts make prescribing a general panacea impossible, a number of relevant policy areas that affect key actors can be identified. In this paper this is done in the areas of tax policy and labor market policy. It is shown that high and/or distortive taxes and heavy labor market regulations impinge on the creation and functioning of competence blocs, thereby reducing high-impact entrepreneurship.
Keywords: Entrepreneurship; Gazelles; High-growth firms; High-impact entrepreneurship Innovation; Institutions; Labor market policy; Tax policy (search for similar items in EconPapers)
JEL-codes: H32 L25 L50 M13 O31 P14 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-cse, nep-ent and nep-pub
References: Add references at CitEc
Citations: View citations in EconPapers (17) Track citations by RSS feed
Published as Henrekson, Magnus, Dan Johansson and Mikael Stenkula, 'Taxation, Labor Market Policy and High-Impact Entrepreneurship' in Journal of Industry, Competition and Trade, 2010, pages 275-296.
Downloads: (external link)
Journal Article: Taxation, Labor Market Policy and High-Impact Entrepreneurship (2010)
Working Paper: Taxation, Labor Market Policy and High-Impact Entrepreneurship (2010)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:hhs:ratioi:0149
Access Statistics for this paper
More papers in Ratio Working Papers from The Ratio Institute The Ratio Institute, P.O. Box 5095, SE-102 42 Stockholm, Sweden. Contact information at EDIRC.
Bibliographic data for series maintained by Martin Korpi ().