Pontus Braunerhjelm holds the economics chair in international business and entrepreneurship at The Royal Institute of Technology, Stockholm and is also managing director of the Swedish Entrepreneurship Forum. Riccardo Faini was Professor of Political Economy at the University of Rome Tor Vergata. He was previously Director General at the Italian Treasury. Victor Norman is Professor of Economics at Norges Handelsh?yskole. Frances Ruane is Director of the Economic and Social Research Institute. Paul Seabright is Professor of Economics in the Industrial Economics Institute and Toulouse School of Economics at the University of Toulouse, France.