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Publications (10 of 30) Show all publications
Nyström, K. & Viklund Ros, I. (2017). Exploring regional differences in the regional capacity to absorb displacements. In: Karlsson, C. Andersson M. and L Bjerke (Ed.), Geographies of Growth: Innovations, Networks and Collaborations (pp. 19-47). Edward Elgar Publishing
Open this publication in new window or tab >>Exploring regional differences in the regional capacity to absorb displacements
2017 (English)In: Geographies of Growth: Innovations, Networks and Collaborations / [ed] Karlsson, C. Andersson M. and L Bjerke, Edward Elgar Publishing, 2017, p. 19-47Chapter in book (Refereed)
Place, publisher, year, edition, pages
Edward Elgar Publishing, 2017
National Category
Economics
Identifiers
urn:nbn:se:kth:diva-212495 (URN)9781785360596 (ISBN)
Note

QC 20170822

Available from: 2017-08-22 Created: 2017-08-22 Last updated: 2017-08-22Bibliographically approved
Nyström, K. & Zhetibaeva Elvung, G. (2015). New Firms as Employers: The Wage Penalty for Voluntary and Involuntary Job Switchers. Labour, 29(4), 348-366
Open this publication in new window or tab >>New Firms as Employers: The Wage Penalty for Voluntary and Involuntary Job Switchers
2015 (English)In: Labour, ISSN 1121-7081, E-ISSN 1467-9914, Vol. 29, no 4, p. 348-366Article in journal (Refereed) Published
Abstract [en]

According to previous research, new firms pay lower wages. However, previous studies have been unable to control for the possibility that the opportunity costs of accepting employment at new firms may differ across individuals. In this paper, we investigate whether a wage penalty for being employed at a new firm exists if we take the individual employee's experience and status in the labour market into consideration. We focus on individuals who decide to switch jobs and use matched employee-employer data about all firms and employees in Sweden for the period 1998-2010. Our results show that the share of job transitions into lower wages are higher for those who switch to new firms compared with incumbent firms (40 per cent and 31 per cent, respectively). Our endogenous wage equation estimates indicate that being an involuntary job switcher has an equally negative effect on wages at both new and incumbent firms. However, the positive effect of education on wages is more pronounced for job switchers selecting into incumbent firms.

Place, publisher, year, edition, pages
Wiley-Blackwell, 2015
Keywords
PRIVATE-SECTOR WAGES, GENDER-DIFFERENCES, REGRESSION-MODEL, LABOR MOBILITY, RISK-AVERSION, CAREER CHANGE, DIFFERENTIALS, SEARCH; SIZE, DETERMINANTS
National Category
Economics
Research subject
Economics
Identifiers
urn:nbn:se:kth:diva-177159 (URN)10.1111/labr.12055 (DOI)000366905800002 ()2-s2.0-84946485712 (Scopus ID)
Note

QC 20151117. QC 20160121

Available from: 2015-11-16 Created: 2015-11-16 Last updated: 2017-12-01Bibliographically approved
Nyström, K. (2014). Business Regulation and Red Tape in the Entrepreneurial Economy. In: Karlsson, B. Johansson, & R. Stough. (Ed.), AGGLOMERATION, CLUSTERS AND ENTREPRENEURSHIP: STUDIES IN REGIONAL ECONOMIC DEVELOPMENT (pp. 283-299). Edward Elgar Publishing
Open this publication in new window or tab >>Business Regulation and Red Tape in the Entrepreneurial Economy
2014 (English)In: AGGLOMERATION, CLUSTERS AND ENTREPRENEURSHIP: STUDIES IN REGIONAL ECONOMIC DEVELOPMENT / [ed] Karlsson, B. Johansson, & R. Stough., Edward Elgar Publishing, 2014, p. 283-299Chapter in book (Refereed)
Place, publisher, year, edition, pages
Edward Elgar Publishing, 2014
Series
New Horizons in Regional Science
National Category
Economics
Identifiers
urn:nbn:se:kth:diva-144478 (URN)000333186100013 ()2-s2.0-84958600688 (Scopus ID)978-1-78347-263-5 (ISBN)978-1-84980-926-9 (ISBN)
Note

QC 20150330

Available from: 2014-04-23 Created: 2014-04-23 Last updated: 2015-03-30Bibliographically approved
Nyström, K. & Zhetibaeva Elvung, G. (2014). New firms and labor market entrants: Is there a wage penalty for employment in new firms?. Small Business Economics, 43(2), 399-410
Open this publication in new window or tab >>New firms and labor market entrants: Is there a wage penalty for employment in new firms?
2014 (English)In: Small Business Economics, ISSN 0921-898X, E-ISSN 1573-0913, Vol. 43, no 2, p. 399-410Article in journal (Refereed) Published
Abstract [en]

In this paper, we explore the role of new firms as an entry point to the labor market. Because the vast majority of new firms are short-lived, it is a risky decision to accept employment in a new venture. It can be argued that individuals with little (or no) labor market experience are more willing to accept the high risks associated with employment in new firms. Hence, new firms may work as an entry point to the labor market. Nevertheless, some research concludes that one disadvantage of employment in a new firm is that new firms pay less (Shane in Small Bus Econ 33:141-149, 2009). However, this empirical conclusion is primarily based on literature on the wage penalty of small firms. In this paper, we study whether the wage penalty of employment in a new firm persists if we focus solely on labor market entrants. In the empirical analysis, we employ an employer-employee matched dataset that covers the Swedish population during the period from 1998 to 2008. We use the propensity score matching method to study the wage differences between labor market entrants employed in new and incumbent firms. We find an average wage penalty of 2.9 % for labor market entrants employed in new firms over the studied period.

Keywords
New firms, Labor market entrants, Wage penalty, Propensity score matching, Average treatment effect
National Category
Economics
Identifiers
urn:nbn:se:kth:diva-144477 (URN)10.1007/s11187-014-9552-x (DOI)000339333000009 ()2-s2.0-84904203888 (Scopus ID)
Note

QC 20140818

Available from: 2014-04-23 Created: 2014-04-23 Last updated: 2017-12-05Bibliographically approved
Lougui, M. & Nyström, K. (2014). What obstacles do entrepreneurs encounter?. Journal of Entrepreneurship and Public Policy, 3(2), 275-291
Open this publication in new window or tab >>What obstacles do entrepreneurs encounter?
2014 (English)In: Journal of Entrepreneurship and Public Policy, ISSN 2045-2101, E-ISSN 2045-211X, Vol. 3, no 2, p. 275-291Article in journal (Refereed) Published
Keywords
Entrepreneurs, Business development, Industrial policy
National Category
Economics
Identifiers
urn:nbn:se:kth:diva-155526 (URN)10.1108/JEPP-08-2012-0041 (DOI)
Note

QC 20150209

Available from: 2014-11-06 Created: 2014-11-06 Last updated: 2017-12-05Bibliographically approved
Nyström, K. (2013). Entrepreneurial politicians. Small Business Economics, 41(1), 41-54
Open this publication in new window or tab >>Entrepreneurial politicians
2013 (English)In: Small Business Economics, ISSN 0921-898X, E-ISSN 1573-0913, Vol. 41, no 1, p. 41-54Article in journal (Refereed) Published
Abstract [en]

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.

Keywords
Entrepreneurship policy, Politicians, Attitudes, Experience, Culture
National Category
Economics
Identifiers
urn:nbn:se:kth:diva-144476 (URN)10.1007/s11187-012-9417-0 (DOI)000319774900003 ()2-s2.0-84878597988 (Scopus ID)
Note

QC 20140612

Available from: 2014-04-23 Created: 2014-04-23 Last updated: 2017-12-05Bibliographically approved
Nyström, K. (2013). Entrepreneurship and innovation in second tier regions [Review]. Papers in regional science (Print), 92(1), 239-241
Open this publication in new window or tab >>Entrepreneurship and innovation in second tier regions
2013 (English)In: Papers in regional science (Print), ISSN 1056-8190, E-ISSN 1435-5957, Vol. 92, no 1, p. 239-241Article, book review (Other academic) Published
National Category
Economics and Business
Identifiers
urn:nbn:se:kth:diva-120308 (URN)10.1111/pirs.12007 (DOI)000315696300017 ()
Note

QC 20130404

Available from: 2013-04-04 Created: 2013-04-04 Last updated: 2017-12-06Bibliographically approved
Nyström, K. (2012). Labor mobility and entrepreneurship: Who do new firms employ?. In: Entrepreneurship, Social Capital and Governance: Directions for the Sustainable Development and Competitiveness of Regions (pp. 102-114). Edward Elgar Publishing
Open this publication in new window or tab >>Labor mobility and entrepreneurship: Who do new firms employ?
2012 (English)In: Entrepreneurship, Social Capital and Governance: Directions for the Sustainable Development and Competitiveness of Regions, Edward Elgar Publishing, 2012, p. 102-114Chapter in book (Refereed)
Place, publisher, year, edition, pages
Edward Elgar Publishing, 2012
National Category
Economics and Business
Identifiers
urn:nbn:se:kth:diva-144769 (URN)2-s2.0-84881766462 (Scopus ID)
Note

QC 20140512

Available from: 2014-05-12 Created: 2014-04-29 Last updated: 2017-04-28Bibliographically approved
Nyström, K. (2012). Regional Institutional Environment and New Firm Formation. In: Karlsson, C. Johansson B. and R.R. Stough, (Ed.), The Regional Economics of Knowledge and Talent: Local Advantage in a Global Context. Edward Elgar Publishing
Open this publication in new window or tab >>Regional Institutional Environment and New Firm Formation
2012 (English)In: The Regional Economics of Knowledge and Talent: Local Advantage in a Global Context / [ed] Karlsson, C. Johansson B. and R.R. Stough,, Edward Elgar Publishing, 2012Chapter in book (Refereed)
Abstract [en]

Kristina Nyström This chapter uses an institutional approach to investigate the relationship between the regional institutional environment and regional new firm formation. The importance of perceived attitudes regarding private enterprises, local taxes, political majority, the size of the government sector and perceived rules and bureaucracy on new firm formation in 286 Swedish municipalities is investigated. The empirical findings show that perceived positive attitudes toward private enterprises and political governance by a right-bloc majority tend to have positive effects on regional new firm formation. A large local government sector, on the other hand, tends to have negative effects on regional new firm formation. The chapter also explores if the effect of different aspects of regional institutional environment on new firm formation are similar across industries. The pattern in the private service sector industries is most similar to the overall pattern in the economy, while the only variable reflecting the regional institutional environment that influences new firm formation in manufacturing industries is perceived rules and bureaucracy. 8.1 INTRODUCTION Political and economic institutions underlie and determine the incentive structure in a society. Hence they importantly affect economic performance in a society (North, 1991, 1994). It is undoubtedly the case that the quality of institutions plays an important role for creating economic growth (see e.g. Acemoglu et al., 2001; Rodrik et al., 2004). Stimulating entrepreneurship is by many policy makers regarded as an important way to achieve economic growth. However, as recognized by Wennekers and Thurik (1999), the link between individual micro-level foundations...

Place, publisher, year, edition, pages
Edward Elgar Publishing, 2012
Series
New Horizons in Regional Science series
National Category
Economics
Identifiers
urn:nbn:se:kth:diva-144480 (URN)10.4337/9781781953549.00015 (DOI)2-s2.0-85040561005 (Scopus ID)9781848443280 (ISBN)9781781953549 (ISBN)
Note

QC 20150330

Available from: 2014-04-23 Created: 2014-04-23 Last updated: 2018-02-14Bibliographically approved
Nyström, K. (2011). Labor mobility and entrepreneurship: Who do new firms employ?. CESIS, KTH Royal Institute of Technology
Open this publication in new window or tab >>Labor mobility and entrepreneurship: Who do new firms employ?
2011 (English)Report (Other academic)
Abstract [en]

Entrepreneurship is often claimed to be important for generating employment. However, the empirical evidence on the relationship between entrepreneurship is not always convincing. Most of the studies that analyse the relationship between new firm formation and employment growth perform their analysis on cross-country or regional data. At the micro-level, we still know little about the labour dynamics and re-allocation effects induced by new firm formation. Which role do new firms play regarding labour reallocation? This paper intends to explore the individual and firm characteristics for employees in new Swedish firms. Do new firm start-ups absorb outsiders in the labour market or do they recruit employees from already incumbent firms? The paper use unique matched firm-employees dataset that makes it possible to link new firm formation and information about the individuals employed in these new firms. The empirical results indicate that the individual and firm characteristics associated with employees differ between new and incumbent firms. In particular, the share of immigrants, recently graduated employees and people entering the labor market is slightly higher in new firms. Hence, new firms might play a more important role for outsiders in the labor market.

Place, publisher, year, edition, pages
CESIS, KTH Royal Institute of Technology, 2011. p. 18
Series
CESIS Working Paper Series in Economics and Institutions of Innovation ; 250
Keywords
Entrepreneurship; labour mobility; employment
National Category
Economics
Identifiers
urn:nbn:se:kth:diva-67452 (URN)
Note
QC 20120213Available from: 2012-02-13 Created: 2012-01-27 Last updated: 2012-02-13Bibliographically approved
Organisations
Identifiers
ORCID iD: ORCID iD iconorcid.org/0000-0002-1692-8677

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