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Could the Irish Miracle be Repeated in Hungary? Author info | Abstract | Publisher info | Download info | Related research | Statistics Zoltan Acs ()
Colm O’Gorman ()
Laszlo Szerb ()
Siri Terjesen ()
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It is widely recognized that Foreign Direct Investment (FDI) plays an important role in economic development. However, its impact on entrepreneurial activity has not been well researched. Internalization theory is used to explore how inward FDI impacts entrepreneurial activity. Using data from Global Entrepreneurship Monitor (GEM), we find significant differences in entrepreneurial activity between Ireland and Hungary in both the type of people starting businesses and the opportunities pursued. Economic development policies should focus on increasing human capital, promoting enterprise development, and upgrading the quality of FDI. Copyright Springer Science+Business Media, LLC 2007
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Article provided by Springer in its journal Small Business Economics .
Volume (Year): 28 (2007)
Issue (Month): 2 (March)
Pages: 123-142
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Handle: RePEc:kap:sbusec:v:28:y:2007:i:2:p:123-142Contact details of provider: Web page: http://www.springerlink.com/link.asp?id=100338
For technical questions regarding this item, or to correct its listing, contact: (Christopher F. Baum).
Keywords: Entrepreneurial activity ; economic development ; foreign direct investment ; knowledge spillovers ; Ireland ; Hungary ; L26 ; M13 ; F23 ; O57 ; Other versions of this item:
References listed on IDEAS Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile , click on "citations" and make appropriate adjustments.: Zoltan J. Acs & Siri Terjesen, 2007.
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references Cited by : (explanations , Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile , click on "citations" and make appropriate adjustments.)
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László Szerb & Gábor Rappai & Zsolt Makra & Siri Terjesen, 2007.
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2006-27, Max Planck Institute of Economics, Entrepreneurship, Growth and Public Policy Group.
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Zoltan Acs & Laszlo Szerb, 2007.
"Entrepreneurship, Economic Growth and Public Policy ,"
Small Business Economics ,
Springer, vol. 28(2), pages 109-122, March.
[Downloadable!] (restricted)
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