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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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    File URL: http://www.kgk.uni-obuda.hu/sites/default/files/04_Szerb_et_al.pdf
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    References listed on IDEAS

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    3. Feldman, Maryann P. & Audretsch, David B., 1999. "Innovation in cities:: Science-based diversity, specialization and localized competition," European Economic Review, Elsevier, vol. 43(2), pages 409-429, February.
    4. David Audretsch & Michael Fritsch, 2002. "Growth Regimes over Time and Space," Regional Studies, Taylor & Francis Journals, vol. 36(2), pages 113-124.
    5. Scott Shane, 2009. "Why encouraging more people to become entrepreneurs is bad public policy," Small Business Economics, Springer, vol. 33(2), pages 141-149, August.
    6. Enrico Casadio Tarabusi & Paolo Palazzi, 2004. "An index for sustainable development," BNL Quarterly Review, Banca Nazionale del Lavoro, vol. 57(229), pages 185-206.
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    8. Axel Dreher, 2006. "Does globalization affect growth? Evidence from a new index of globalization," Applied Economics, Taylor & Francis Journals, vol. 38(10), pages 1091-1110.
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    10. Wennekers, Sander & Thurik, Roy, 1999. "Linking Entrepreneurship and Economic Growth," Small Business Economics, Springer, vol. 13(1), pages 27-55, August.
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    Cited by:

    1. 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.
    2. 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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