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Knowledge-based entrepreneurship in Hungary

Author

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  • Andrea Szalavetz

    (Hungarian Academy of Science)

Abstract

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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    File URL: http://www.rebe.rau.ro/RePEc/rau/journl/WI07/REBE-WI07-A8.pdf
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    References listed on IDEAS

    as
    1. Erkko Autio, 1997. "New Technology-Based Firms in Innovation Networks," Palgrave Macmillan Books, in: Dylan Jones-Evans & Magnus Klofsten (ed.), Technology, Innovation and Enterprise, chapter 7, pages 209-235, Palgrave Macmillan.
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