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Knowledge-based entrepreneurship in Hungary


  • Andrea Szalavetz

    (Hungarian Academy of Science)


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.

Suggested Citation

  • Andrea Szalavetz, 2007. "Knowledge-based entrepreneurship in Hungary," Romanian Economic Business Review, Romanian-American University, vol. 2(4), pages 64-74, Winter.
  • Handle: RePEc:rau:journl:v:2:y:2007:i:4:p:64-74

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    References listed on IDEAS

    1. Marise Cremona; Gabriella Meloni, 2007. "The European Neighbourhood Policy: A Framework for Modernisation?," EUI-LAW Working Papers 21, European University Institute (EUI), Department of Law.
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