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Braunerhjelm, PontusORCID iD iconorcid.org/0000-0003-0218-7924
Publications (10 of 163) Show all publications
Braunerhjelm, P. & Hepburn, C. (2023). Climate change, complexity, and policy design. Oxford review of economic policy, 39(4), 667-679
Open this publication in new window or tab >>Climate change, complexity, and policy design
2023 (English)In: Oxford review of economic policy, ISSN 0266-903X, E-ISSN 1460-2121, Vol. 39, no 4, p. 667-679Article in journal (Refereed) Published
Abstract [en]

The challenges of combatting climate change are unprecedented and now very urgent. Current approaches are not working fast enough. This paper, and this journal issue, conceive of the challenge as one of non-marginal structural and institutional change. Several different conceptual frameworks and pluralist theories are considered, emanating from complexity theory, economics, natural sciences, political economy, and strategy. These are deployed to identify potential accelerators, including synergies between climate action and other key political issues, and beneficial non-linear dynamics such as shifts in consumer preferences and technology learning curves. The delays in action also mean that removing carbon dioxide from the atmosphere is now necessary, and even unconventional geoengineering approaches may need to be considered. A pluralist and practical approach to climate action, accounting for different institutional and social contexts across countries, is argued to be required to accelerate action.

Place, publisher, year, edition, pages
Oxford University Press (OUP), 2023
Keywords
climate policy, multi-faceted measures, prices, trajectory, urgency
National Category
Social Sciences Interdisciplinary
Identifiers
urn:nbn:se:kth:diva-341438 (URN)10.1093/oxrep/grad047 (DOI)001107708100006 ()2-s2.0-85178591858 (Scopus ID)
Note

QC 20240112

Available from: 2024-01-12 Created: 2024-01-12 Last updated: 2024-01-15Bibliographically approved
Braunerhjelm, P. & Lappi, E. (2023). Employees' entrepreneurial human capital and firm performance. Research Policy, 52(2), Article ID 104703.
Open this publication in new window or tab >>Employees' entrepreneurial human capital and firm performance
2023 (English)In: Research Policy, ISSN 0048-7333, E-ISSN 1873-7625, Vol. 52, no 2, article id 104703Article in journal (Refereed) Published
Abstract [en]

We introduce a new measure of human capital, defined as employees' former involvement in entrepreneurship. Such entrepreneurial human capital (EHC) complements traditional human capital measures accumulated through work experience and education. Using detailed longitudinal register data, we track the previous years of entrepreneurial experience for the population of employees in Swedish private sector firms. We provide evidence that higher EHC among employees is associated with significantly higher levels of firm productivity. The baseline result implies that a 10 % increase in employees being former entrepreneurs increases firm-level productivity by 3.9 %. Additionally, we provide evidence that heterogeneity in employees' previous entrepreneurial experience (e.g., the reason for entering and exiting entrepreneurship, type of venture, length of entrepreneurial experiences, and relatedness of technology) influences the impact of EHC on productivity. The results are shown to be robust to various estimation techniques, alternative definitions of EHC, and other performance measures.

Place, publisher, year, edition, pages
Elsevier BV, 2023
Keywords
Entrepreneurial experience, Human capital, Innovation, Productivity
National Category
Business Administration
Identifiers
urn:nbn:se:kth:diva-330087 (URN)10.1016/j.respol.2022.104703 (DOI)000918961300003 ()2-s2.0-85145596058 (Scopus ID)
Note

QC 20230626

Available from: 2023-06-26 Created: 2023-06-26 Last updated: 2023-06-26Bibliographically approved
Braunerhjelm, P., Andersson, M., Blind, K. & Eklund, J. E. (2023). Handbook of innovation and regulation. Edward Elgar Publishing
Open this publication in new window or tab >>Handbook of innovation and regulation
2023 (English)Book (Other academic)
Abstract [en]

This comprehensive Handbook presents thoughtful analysis on how regulations can impact innovation within a number of fields and markets, and provides a greater understanding of regulatory complexity and the challenging task it presents for future research. The Handbook of Innovation and Regulation embraces some of the key policy areas such as the regulation of markets, critical sectors, and global and regional aspects, focussing particularly on those regulations which target innovation. Reviewing these often interconnected policy areas in terms of both macroeconomic and microeconomic issues, this Handbook expertly studies how regulations in differing fields can affect innovative activities. By placing innovation centre stage, the contributors emphasise the direct and indirect effects of imposed regulations. Further, they illustrate the critically important overall impact of innovation to make firms competitive, promote economic growth and increase societal welfare. Addressing research and policy challenges, this Handbook would be an excellent resource for academics in regulatory economics, innovation and entrepreneurship, international trade, regional economics as well as environment and digitisation and policymakers in both national and international organisations.

Place, publisher, year, edition, pages
Edward Elgar Publishing, 2023. p. 428
Series
Handbook of Innovation and Regulation
National Category
Economics
Identifiers
urn:nbn:se:kth:diva-346549 (URN)10.4337/9781800884472 (DOI)2-s2.0-85192488805 (Scopus ID)
Note

QC 20240522

Part of ISBN 978-180088447-2, 978-180088446-5

Available from: 2024-05-16 Created: 2024-05-16 Last updated: 2024-05-22Bibliographically approved
Braunerhjelm, P., Andersson, M., Blind, K. & Eklund, J. E. (2023). Handbook of Innovation and Regulation: Introductory chapter. In: Handbook of Innovation and Regulation: (pp. 1-20). Edward Elgar Publishing Ltd.
Open this publication in new window or tab >>Handbook of Innovation and Regulation: Introductory chapter
2023 (English)In: Handbook of Innovation and Regulation, Edward Elgar Publishing Ltd. , 2023, p. 1-20Chapter in book (Other academic)
Place, publisher, year, edition, pages
Edward Elgar Publishing Ltd., 2023
National Category
Law
Identifiers
urn:nbn:se:kth:diva-346546 (URN)2-s2.0-85192454132 (Scopus ID)
Note

QC 20240522

Part of ISBN 978-180088447-2, 978-180088446-5

Available from: 2024-05-16 Created: 2024-05-16 Last updated: 2024-05-22Bibliographically approved
Braunerhjelm, P., Eklund, J. E. & Kugler, M. (2023). Labor market regulations, innovation and technological change. In: Handbook of Innovation and Regulation: (pp. 70-92). Edward Elgar Publishing Ltd.
Open this publication in new window or tab >>Labor market regulations, innovation and technological change
2023 (English)In: Handbook of Innovation and Regulation, Edward Elgar Publishing Ltd. , 2023, p. 70-92Chapter in book (Other academic)
Place, publisher, year, edition, pages
Edward Elgar Publishing Ltd., 2023
National Category
Economics
Identifiers
urn:nbn:se:kth:diva-346548 (URN)2-s2.0-85192433363 (Scopus ID)
Note

QC 20240520

Part of ISBN 978-180088447-2, 978-180088446-5

Available from: 2024-05-16 Created: 2024-05-16 Last updated: 2024-05-20Bibliographically approved
Braunerhjelm, P., Andersson, M. & Eklund, J. (2022). Background - The Pioneering Predecessors. Foundations and Trends in Entrepreneurship, 18(2), 94-103
Open this publication in new window or tab >>Background - The Pioneering Predecessors
2022 (English)In: Foundations and Trends in Entrepreneurship, ISSN 1551-3114, Vol. 18, no 2, p. 94-103Article in journal (Refereed) Published
Place, publisher, year, edition, pages
Now Publishers. Inc, 2022
National Category
Economics
Identifiers
urn:nbn:se:kth:diva-310271 (URN)000764055500003 ()
Note

QC 20220328

Available from: 2022-03-28 Created: 2022-03-28 Last updated: 2022-06-25Bibliographically approved
Braunerhjelm, P., Andersson, M. & Eklund, J. (2022). Concluding Remarks. Foundations and Trends in Entrepreneurship, 18(2), 143-144
Open this publication in new window or tab >>Concluding Remarks
2022 (English)In: Foundations and Trends in Entrepreneurship, ISSN 1551-3114, Vol. 18, no 2, p. 143-144Article in journal, Editorial material (Refereed) Published
Place, publisher, year, edition, pages
Now Publishers Inc., 2022
National Category
Economics
Identifiers
urn:nbn:se:kth:diva-310267 (URN)000764055500007 ()
Note

QC 20220330

Available from: 2022-03-30 Created: 2022-03-30 Last updated: 2022-06-25Bibliographically approved
Braunerhjelm, P. & Lappi, E. (2022). COVID-19, Schumpeter, and the Size of the Market. In: The COVID-19 Crisis and Entrepreneurship: (pp. 61-85). Springer Nature, 54
Open this publication in new window or tab >>COVID-19, Schumpeter, and the Size of the Market
2022 (English)In: The COVID-19 Crisis and Entrepreneurship, Springer Nature , 2022, Vol. 54, p. 61-85Chapter in book (Refereed)
Abstract [en]

During the first quarter of 2020, the global economy was rapidly hit by a pandemic which led to state-wide lockdowns and the worst economic crisis since the World War II. Both the supply and the demand sides of economies were severely affected, followed by a dramatic dip in global GDP. As a response, policymakers introduced an unprecedented number of interventions to back up employees, firms, and industries to counteract the collapsing markets. Our main objective is to explore how these fundamental policy interventions are likely to influence the future potential and functioning of markets. Historically swings in the pendulum favoring either market-based solutions or more regulated public sectors have coincided with disruptive crises. The overall question is what will happen during post-COVID-19, will governments withdraw their crisis policies and how will a possible retreat be organized? Are we entering an era of permanently increased governmental interventions? More precisely, we identify three specific threats to the market-oriented economy: the extension and development of governmental expenditures, protectionistic measures, and the level of state aid and the degree of competition at markets. We are particularly interested in the effect of the COVID-19 measures, and their possible extension, on Schumpeterian dynamics, both in terms of entry and exits (Schumpeter I) and how the position of large firms will be affected (Schumpeter II).

Place, publisher, year, edition, pages
Springer Nature, 2022
Series
International Studies in Entrepreneurship, ISSN 1572-1922 ; 54
Keywords
Competition, Fiscal framework, Market economy, Public sector, Size of government, Size of market, State aid, State intervention
National Category
Economics and Business
Identifiers
urn:nbn:se:kth:diva-317999 (URN)10.1007/978-3-031-04655-1_5 (DOI)2-s2.0-85134689155 (Scopus ID)
Note

QC 20220915

Part of book: ISBN 978-3-031-04654-4

Available from: 2022-09-15 Created: 2022-09-15 Last updated: 2022-09-15Bibliographically approved
Braunerhjelm, P., Andersson, M. & Eklund, J. (2022). Defining Entrepreneurs and the Entrepreneurship Research Domain. Foundations and Trends in Entrepreneurship, 18(2), 85-93
Open this publication in new window or tab >>Defining Entrepreneurs and the Entrepreneurship Research Domain
2022 (English)In: Foundations and Trends in Entrepreneurship, ISSN 1551-3114, Vol. 18, no 2, p. 85-93Article in journal (Refereed) Published
Place, publisher, year, edition, pages
NOW Publishing. Inc, 2022
National Category
Economics
Identifiers
urn:nbn:se:kth:diva-310268 (URN)000764055500002 ()
Note

QC 20220328

Available from: 2022-03-28 Created: 2022-03-28 Last updated: 2022-06-25Bibliographically approved
Braunerhjelm, P. & Thulin, P. (2022). Does Innovation Lead to Firm Growth?: Explorative versus Exploitative Innovations. Applied Economics Letters, 1-4
Open this publication in new window or tab >>Does Innovation Lead to Firm Growth?: Explorative versus Exploitative Innovations
2022 (English)In: Applied Economics Letters, ISSN 1350-4851, E-ISSN 1466-4291, p. 1-4Article in journal (Refereed) Published
Abstract [en]

In this article, we examine the relationship between innovation and firm growth. Drawing on previous research, we implement a classification of innovations based on whether they are explorative or exploitative. Access to Swedish register data comprising the entire private sector from 1997 to 2012 allows us to construct innovation patterns for more than 480,000 firms. GMM-estimations confirm a significant and positive effect of both exploitative and explorative innovation on firms’ employment growth. More radical explorative innovations are shown to have a more persistent growth effect, while exploitative innovation increases labour demand in the short run.

Place, publisher, year, edition, pages
Informa UK Limited, 2022
Keywords
exploitation innovation, exploration innovation, firm growth, Innovation
National Category
Economics and Business
Identifiers
urn:nbn:se:kth:diva-321880 (URN)10.1080/13504851.2022.2041166 (DOI)000761110400001 ()2-s2.0-85125927040 (Scopus ID)
Note

Not duplicate with DiVA 915237

QC 20221125

Available from: 2022-11-25 Created: 2022-11-25 Last updated: 2023-12-22Bibliographically approved
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ORCID iD: ORCID iD iconorcid.org/0000-0003-0218-7924

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