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Measuring Regional Entrepreneurship in Hungary

Author

Listed:
  • László Szerb

    (University of Pécs)

  • Éva Komlósi

    (University of Pécs)

  • Zoltán J. Ács

    (George Mason University School of Public Policy)

  • Raquel Ortega-Argilés

    (University of Groningen)

Abstract

This paper presents a regional application of the Global Entrepreneurship and Development Index (GEDI) methodology of Acs et al. (2013) to examine the level of entrepreneurship across Hungary’s seven NUTS-2 level regions. The Regional Entrepreneurship and Development Index (REDI) has been constructed for capturing the contextual features of entrepreneurship across regions. The REDI method builds on a Systems of Entrepreneurship Theory and provides a way to profile Regional Systems of Entrepreneurship. Important aspects of the REDI method including the Penalty for Bottleneck analysis, which helps identify constraining factors in Regional Systems of Entrepreneurship, and Policy Portfolio Optimization analysis, which helps policy-makers consider trade-offs between alternative policy scenarios and associated allocations of policy resources. The paper portrays the entrepreneurial disparities amongst Hungarian regions and provides public policy suggestions to improve the level of entrepreneurship and optimize resource allocation over the 14 pillars of entrepreneurship in the seven Hungarian regions.

Suggested Citation

  • László Szerb & Éva Komlósi & Zoltán J. Ács & Raquel Ortega-Argilés, 2013. "Measuring Regional Entrepreneurship in Hungary," Proceedings- 11th International Conference on Mangement, Enterprise and Benchmarking (MEB 2013),, Óbuda University, Keleti Faculty of Business and Management.
    • Handle: RePEc:pkk:meb013:49-64
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    References listed on IDEAS

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    Cited by:

    1. Erkko Autio & Laszlo Szerb & Eva Komlosi & Monika Tiszberger, 2018. "The European Index of Digital Entrepreneurship Systems," JRC Research Reports JRC112439, Joint Research Centre.
    2. Balázs Páger, 2014. "The entrepreneurial performance of the Central and Eastern European regions," ERSA conference papers ersa14p1631, European Regional Science Association.
    3. David B. Audretsch & Maksim Belitski, 2017. "Entrepreneurial ecosystems in cities: establishing the framework conditions," The Journal of Technology Transfer, Springer, vol. 42(5), pages 1030-1051, October.
    4. Mario G.R. PAGLIACCI, 2015. "Entrepreneurial Potentialities In Europe:Italy In Comparison To Other Countries," THE YEARBOOK OF THE "GH. ZANE" INSTITUTE OF ECONOMIC RESEARCHES, Gheorghe Zane Institute for Economic and Social Research ( from THE ROMANIAN ACADEMY, JASSY BRANCH), vol. 24(1), pages 23-46.
    5. Maksim Belitski & Sameeksha Desai, 2016. "What drives ICT clustering in European cities?," The Journal of Technology Transfer, Springer, vol. 41(3), pages 430-450, June.

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