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In the search to secure funding, researchers must now respond to requests by governments and non-government organisations about how to measure the societal and professional impact of their research. While case studies and reports of interventions may provide grounds for qualitative evaluation, bibliometric methodology is emerging as an important quantitative supplement to these evaluations. In clinical practice, treatment recommendations and clinical guidelines provide traces of clinical and professional practice that can be used to identify and measure research impact. To understand how these traces emerge the research reported here explores documents issued by the three main Swedish agencies who produce recommendations for clinical practice. In particular it examines the cited references within the documents to explore size distribution, reference age, and geographical aspects, in addition to the similarities of the cited reference structure between the producers of the documents. The overall goal of this ongoing project is to gain insights into citation practice and distribution of publications in professional practice to provide grounds for developing indicators of clinical impact. Future applications with regard to the broader area of professional impact based on references found in the literature of a wide range of professions, e.g. the health sector, social welfare, engineering and the environmental realm are considered. ; Impact i Kliniska Riktlinjer

Profits that persist above or below the norm for prolonged periods of time revile a lack of competition and imply systematic misallocation of resources. Competition, if unimpeded, should restore profits to normal levels within a relatively short time frame. The dynamics of profits can thus reveal a great deal about the competitiveness of an economy. This paper estimates the persistence of profits across the European Union (EU), which adds to our understanding of the competitiveness of 19 EU-member states. By using a sample of approximately 5,500 firms with 54,000 observations across the time period of 1995 to 2013, we find differences in the persistence of short-run profits, implying that there are differences in competitiveness across the EU. Hungary and Greece are amongst the countries with the highest profit persistence, whereas the United Kingdom exhibits among the lowest persistence of profits. Furthermore, we provide evidence that there are significant permanent rents present in EU.

SummaryThis paper examines the tax administrative burden and its effect on new firm formation. It is well recognized that entrepreneurship and new firm formation are critical factors in determining economic growth and development. New firm entry into the marketplace enhances welfare in two distinct ways: 1) by promoting innovation, productivity and economic growth and 2) by increasing competition, which lowers prices and expands output. It is also well documented that barriers to entry reduce the likelihood that new firms will enter various sectors. We argue that the burden imposed by tax codes and tax compliance constitutes a barrier to entry that has been neglected in the previous literature. We use data from the World Bank to measure the administrative burden that the complexity of tax policy imposes on new firms. Additionally, we use a measure of new firm formation – entry density. Our data cover 118 countries over a period of six years. We find that the entry rate is significantly reduced by the tax administrative burden and that this effect is unrelated to general taxes on corporate profits and is robust to the inclusion of several important control variables.

This work in progress aims to perform a comprehensive analysis of digital data publicly available from the Swedish parliament, such as motions, interpellations, and protocols from discussions in the plenum. To this end, we will use methods based on computational linguistics, such as topic modeling, word embeddings, and sentiment analysis, to identify prominent discourses corresponding to co-occurrence patterns of the words used. Using data from the early 1970s and onward, this project will involve a chronological examination of semantic and discursive changes with regard to topics such as equality, neutrality, the EU, the monarchy, immigration, climate change, and cultural policy. One research question that will be investigated in relation to this analysis is to what extent discursive changes can be detected within specific political parties, and what historical and political reasons can be posited to underlie these changes.Another research question focuses on scientometric aspects of how scholarly research is used to support claims made in the political discussion. With regard to this question, we will more specifically investigate the conceptual aspects of the texts surrounding citations (so-called citances) which will be mined for information such as what research is referred to in terms of individuals, position, disciplinary affiliations, and active research topics. In these citances, the significant content is often present as latent references that require further elucidation, together with an analysis of the sentiments expressed in the argumentation. This analysis will be further enhanced by investigating the usage of hedge terms that may indicate a level of uncertainty about the cited research. ; Data as Impact Lab

PurposeThe purpose of this paper is to study the efficiency of capital allocation, across levels of ownership, in the aftermath of pro‐market reforms in India.Design/methodology/approachThe paper measures investment efficiency using the accelerator principle and examines the effect of ownership type on capital allocation.FindingsNo significant improvement in capital allocation during the period studied is found. The findings suggest firms face significant costs in adjusting their capital stock.Originality/valueThe paper uses unique data to estimate the elasticity of capital with respect to output.

The government of India initiated pro-market reforms in the 1990s, after almost five decades of socialist planning. These and subsequent policy reforms are credited as the drivers of India's radical economic transformation. Prior to reforms, private investment was strictly regulated and restricted to limited sectors. There have since been numerous changes in sectors important for investment, such as the bank sector, which affects outcomes of firm-level strategic decision making and investment behavior. By most estimates, India's economy will continue to grow rapidly. The purpose of this paper is to investigate changes in investment behavior from the introduction of reforms to current conditions. Reforms changed several institutional frameworks for firm operations, allowing firms to pursue more competitive strategies. Given the importance of ownership in determining firm efficiency and access to capital, we examine the effect of ownership type, and also control for industry differences in capital allocation. We compute a measure of investment efficiency derived from the accelerator principle: Elasticity of capital with respect to output. We find that the allocation of capital has been slow to respond to reforms, indicating similar pace of firm responses. The findings suggest that firms face significant costs in adjusting their capital stock, which in turn leads to inefficient capital allocation. Surprisingly, we find no significant improvement over the 1991-2006 time period. ; Working Paper, CESIS

"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."--