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Kockázati tőke európai szemmel. A kockázati- és magántőkeipar másfél évtizedes fejlődése Magyarországon és Kelet-Közép-Európában
[Venture capital through European eyes. The development of venture and privatecapital industry in Hungary and Central Eastern Europe]

Listed author(s):
  • Karsai, Judit


Kelet-Közép-Európa kockázatitőke- és magántőke-ágazata fejletlenebb, ám nagyobb lehetőségeket ígérő, mint az EU-15 tagjaié. Magyarország mindinkább elveszíti régi ón belüli kezdeti előnyét, eközben azonban egyre jobban közelít az EU-ban kialakult normákhoz. Pozitív oldalról ez a tőkealapok növekedését és globalizálódását, a kivá sárlások növekvő jelentőségét, valamint a kilépések sokszínűbbé válását jelenti. Negatív oldalról pedig a fejlődésük korai szakaszában tartó cégek EU-ban is nehéz kes finanszírozását, a kis nemzeti piacból adódó hátrányok fennmaradását, valamint a kiugró hozamok csökkenését takarja. Journal of Economic Literature (JEL) kód: M13, G24.

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Article provided by Közgazdasági Szemle Alapítvány (Economic Review Foundation) in its journal Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences).

Volume (Year): LIII (2006)
Issue (Month): 11 ()
Pages: 1023-1051

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Handle: RePEc:ksa:szemle:883
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Order Information: Postal: Közgazdasági Szemle Alapítvány (Economic Review Foundation) Budapest, Budaörsi út 45., 1112, Hungary
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  1. Mike Wright & Judit Karsai & Zbigniew Dudzinski & Jan Morovic, 1999. "Transition and Active Investors: Venture Capital in Hungary, Poland and Slovakia," Post-Communist Economies, Taylor & Francis Journals, vol. 11(1), pages 27-46.
  2. Igor Filatotchev & Irena Grosfeld & Judit Karsai & Mike Wright & Trevor Buck, 1996. "Buy-outs in Hungary, Poland and Russia: governance and finance issues," The Economics of Transition, The European Bank for Reconstruction and Development, vol. 4(1), pages 67-88, 05.
  3. Havas, Attila, 2002. "Does innovation policy policy matter? The case of Hungary," MPRA Paper 61180, University Library of Munich, Germany.
  4. Darek Klonowski, 2005. "The Evolution of the Venture Capital Industry in Transition Economies: The Case of Poland," Post-Communist Economies, Taylor & Francis Journals, vol. 17(3), pages 331-348.
  5. Mayer, Colin & Schoors, Koen & Yafeh, Yishay, 2005. "Sources of funds and investment activities of venture capital funds: evidence from Germany, Israel, Japan and the United Kingdom," Journal of Corporate Finance, Elsevier, vol. 11(3), pages 586-608, June.
  6. László Szerb & Attila Varga, 2004. "High-tech venture capital investment in a small transition country: the case of Hungary," Chapters,in: Financial Systems, Corporate Investment in Innovation, and Venture Capital, chapter 10 Edward Elgar Publishing.
  7. Judit Karsai, 2013. "Venture capital and private equity industry in Hungary," Acta Oeconomica, Akadémiai Kiadó, Hungary, vol. 63(1), pages 23-42, March.
  8. Karsai, Gábor, 2006. "Ciklus és trend a magyar gazdaságban 1990-2005 között
    [Cycles and trends in the Hungarian economy, 1990-2005]
    ," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(6), pages 509-525.
  9. Judit Karsai & Mike Wright & Zbigniew Dudzinski & Jan Morovic, 1999. "Venture capital in transition economies: the cases of Hungary, Poland and Slovakia," Chapters,in: Management Buy-outs and Venture Capital, chapter 4 Edward Elgar Publishing.
  10. Mike Wright & Ken Robbie (ed.), 1999. "Management Buy-outs and Venture Capital," Books, Edward Elgar Publishing, number 1663.
  11. Karsai, Judit, 2002. "Mit keres az állam a kockázatitőke-piacon?. A kockázati tőke állami finanszírozása Magyarországon
    [What business does the state have on venture-capital markets?. State funding of risk capital in Hu
    ," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(11), pages 928-942.
  12. Hady Farag & Ulrich Hommel & Peter Witt & Mike Wright, 2004. "Contracting, monitoring, and exiting venture investments in transitioning economies: A comparative analysis of Eastern European and German markets," Venture Capital, Taylor & Francis Journals, vol. 6(4), pages 257-282, October.
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