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Start-Up Ecosystem: Proposals for Fuelling the Hungarian Start-Up Scene

Author

Listed:
  • Andras Havas

    (McKinsey)

  • Levente Janoskuti

    (McKinsey)

  • Marta Matecsa

    (McKinsey)

  • Tamas Vecsernyes

    (McKinsey)

  • Kata Horcsig

    (McKinsey)

Abstract

The essay examines the role of the start-up ecosystem in the economy. It offers an international outlook to analyse the features of the Hungarian system, points out areas for development and reviews international best practices. The examination shows that overarching cooperation among economic actors could engender a startup scene where not only 30,000 new high value-added jobs would be created, but also around EUR 1.3 billion in direct funding would appear in the economy.

Suggested Citation

  • Andras Havas & Levente Janoskuti & Marta Matecsa & Tamas Vecsernyes & Kata Horcsig, 2023. "Start-Up Ecosystem: Proposals for Fuelling the Hungarian Start-Up Scene," Financial and Economic Review, Magyar Nemzeti Bank (Central Bank of Hungary), vol. 22(3), pages 5-25.
    • Handle: RePEc:mnb:finrev:v:22:y:2023:i:3:p:5-25
    as

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    File URL: https://en-hitelintezetiszemle.mnb.hu/letoltes/fer-22-3-ove1-havas-janoskuti-matecsa-vecsernyes-horcsig.pdf
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    More about this item

    Keywords

    start-up ecosystem; competitiveness; skilled employees; innovation;
    All these keywords.

    JEL classification:

    • C10 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - General
    • G23 - Financial Economics - - Financial Institutions and Services - - - Non-bank Financial Institutions; Financial Instruments; Institutional Investors
    • G24 - Financial Economics - - Financial Institutions and Services - - - Investment Banking; Venture Capital; Brokerage
    • J20 - Labor and Demographic Economics - - Demand and Supply of Labor - - - General
    • M13 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - New Firms; Startups
    • O30 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - General
    • O40 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General

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