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Knowledge-based entrepreneurship in Hungary

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Author Info

  • Andrea Szalavetz

    (Hungarian Academy of Science)

Abstract

According to rich and growing empirical literature, one of the main deficiencies of Hungarian smes is their low growth potential. Survey results underline the strong influence of cultural factors including behavioral features rooted in the socialist era among the main explanatory factors of entrepreneurs' reluctance to expand activity and drive the company ahead, along the usual growth path. As opposed to this gloomy general picture, my field investigations have supported the hypothesis that knowledge-based entrepreneurs and companies are different from average Hungarian entrepreneurs and smes in many respects.

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File URL: http://www.rebe.rau.ro/RePEc/rau/journl/WI07/REBE-WI07-A8.pdf
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Bibliographic Info

Article provided by Romanian-American University in its journal Romanian Economic and Business Review.

Volume (Year): 2 (2007)
Issue (Month): 4 (Winter)
Pages: 64-74

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Handle: RePEc:rau:journl:v:2:y:2007:i:4:p:64-74

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Keywords: entrepreneurship; knowledge; Hungarian economy; small enterprises;

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