What is entrepreneurship and why is it crucial for our society? How does entrepreneurship affect economic development and how can it be encouraged? This book explores these questions, discussing how entrepreneurial activity is driven by different factors. Understanding Entrepreneurship provides a comprehensive description of entrepreneurship, and explores how it plays a decisive role in creating growth, employment and prosperity. The book is based on a wide-ranging study of current research, and discusses entrepreneurship in a real world context, looking at how it influences contemporary society. The authors also examine how taxes, regulations, and government policy can facilitate productive entrepreneurial activity. Understanding Entrepreneurship is designed as a core textbook for undergraduate and graduate courses in entrepreneurship. It is also suitable reading for undergraduate courses in economics and economic history that aim to explain growth and evolutionary change.
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Magnus Henrekson is a professor and president of the Research Institute of Industrial Economics (IFN). Until 2009, he held the Jacob Wallenberg Research Chair in the Department of Economics at the Stockholm School of Economics. He received his PhD in 1990 at the Gothenburg School of Business, Economics and Law with his dissertation An Economic Analysis of Swedish Government Expenditure.
Mikael Stenkula holds a PhD from the School of Economics and Management at Lund University. He received his PhD in 2004 with his dissertation Essays on Network Effects and Money. After having worked as a lecturer at Lund University for a year, where he taught microeconomics, he joined the Research Institute of Industrial Economics (IFN) in the fall of 2005. His main area of research is entrepreneurship economics.
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