The evolution of corporate entrepreneurship in Swedish industry?was Schumpeter wrong?

This paper analyzes the evolution and role of corporate entrepreneurship in Swedish industry, particularly for the 1945–1980 period, based on data on the 100 economically most important innovations during this period. Privately owned large corporations (Schumpeter Mark II) dominated in launching innovations in almost all industrial sectors and in all subperiods but decreasingly so. 20% of the innovations were launched by new firms (Schumpeter...