Change search
CiteExportLink to record
Permanent link

Direct link
Cite
Citation style
  • apa
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf
Philanthropy as a source of innovation
KTH, School of Industrial Engineering and Management (ITM), Industrial Economics and Management (Dept.), Economics.
Södertörn University.
KTH, School of Industrial Engineering and Management (ITM), Industrial Economics and Management (Dept.), Economics.ORCID iD: 0000-0002-4278-0127
(English)Manuscript (preprint) (Other academic)
Abstract [en]

Philanthropic donations directed towards education and research have the potential to be growth enhancing by augmenting knowledge production in society. However, knowledge about the role of philanthropy is relatively limited. To fill this gap this paper first provides an overview of the extent and evolution of Swedish philanthropy and then examines the connection between philanthropic donations and knowledge output measured as patent application and scientific publications. We find that total funding for research and development and university research is a strong predictor for patent and publication output. However, funding composition is overall not significantly associated with knowledge or innovation outcomes.

Keywords [en]
entrepreneurship, philanthropy, innovation, research
National Category
Economics
Research subject
Economics
Identifiers
URN: urn:nbn:se:kth:diva-235381OAI: oai:DiVA.org:kth-235381DiVA, id: diva2:1250686
Note

QC 20180926

Available from: 2018-09-24 Created: 2018-09-24 Last updated: 2018-09-26Bibliographically approved
In thesis
1. The Absent Entrepreneur: Exploring the Role of the Entrepreneur in Economics
Open this publication in new window or tab >>The Absent Entrepreneur: Exploring the Role of the Entrepreneur in Economics
2018 (English)Doctoral thesis, comprehensive summary (Other academic)
Abstract [en]

Economics as an academic discipline has often found it difficult to formally model the Entrepreneur. As Baumol (1968) noted, “The theoretical firm is entrepreneurless—the prince of Denmark has been expunged from the discussion of Hamlet.”This dissertation first examines if the entrepreneur is still absent from economics and then seeks to apply the concept of the entrepreneur to some contemporary economic discussions. Finally, I examine a concept closely associated with entrepreneurship: Philanthropy.The first and second article examine the presence of the entrepreneur and the family firm in the current economic “canon” in economics PhD programs. We find that the entrepreneur remains scarce in economics, but that some recent included works attempt to model entrepreneurship. The family firm is entirely absent from the surveyed literature.The third article examines the impact of a major Swedish educational reform that lengthened mandatory education on self-employment outcomes. I find that reform participants are less likely to operate marginal businesses.The fourth article examines income inequality in the United States in relation to entrepreneurship. Using the “Supermanager” hypothesis of Thomas Piketty as a starting point, we argue that entrepreneurs and managers in closely held firms play an important role in rising income inequality.Finally, the fifth article examines the state of Swedish philanthropy, a field usually fueled by successful entrepreneurship. We examine the productivity of philanthropic funding of research relative to other R&D funding and conclude that the main predictor of publication and patent output appears to be overall funding, not funding structure.

Place, publisher, year, edition, pages
KTH Royal Institute of Technology, 2018. p. 137
Series
TRITA-ITM-AVL ; 2018:49
Keywords
entrepreneurship, education, income distribution, philanthropy, economics
National Category
Economics
Research subject
Economics
Identifiers
urn:nbn:se:kth:diva-235382 (URN)978-91-7729-968-4 (ISBN)
Public defence
2018-10-23, F3, Lindstedtsvägen 26, Stockholm, 14:00 (English)
Opponent
Supervisors
Funder
Marianne and Marcus Wallenberg Foundation
Available from: 2018-09-25 Created: 2018-09-24 Last updated: 2018-09-26Bibliographically approved

Open Access in DiVA

No full text in DiVA

Search in DiVA

By author/editor
Braunerhjelm, PontusMalm, Arvid
By organisation
Economics
Economics

Search outside of DiVA

GoogleGoogle Scholar

urn-nbn

Altmetric score

urn-nbn
Total: 226 hits
CiteExportLink to record
Permanent link

Direct link
Cite
Citation style
  • apa
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf