Could the Irish miracle be repeated in Hungary?

Arbeitspapier

It is widely recognized that foreign direct investment (FDI) plays an important role in economic development. Internationalization theory is used to explore how inward FDI impacts entrepreneurial activity. Using data from the Global Entrepreneurship Monitor we find significant differences in entrepreneurial activity between Ireland and Hungary in both the type of people starting businesses and the opportunities pursued. These results suggest that economic development policies for middle-income countries, like Hungary, should focus on increasing human capital, promote enterprise development, and upgrading the quality of FDI.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: Papers on Entrepreneurship, Growth and Public Policy ; No. 3305

Classification and Topics

• Classification: Wirtschaft ; New Firms; Startups ; Multinational Firms; International Business ; Economic Development: General ; Innovation; Research and Development; Technological Change; Intellectual Property Rights: General
• Subject: Entrepreneurial Activity ; GEM ; Economic Development ; Entrepreneurs ; Foreign Direct Investment ; Knowledge Spillovers ; Ireland ; Hungary ; Direktinvestition ; Wissenstransfer ; Entwicklung ; Unternehmer ; Vergleich ; Irland ; Ungarn

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Ács, Zoltán J. ; O'Gorman, Colm ; Szerb, László ; Terjesen, Siri
• Event: Veröffentlichung
• (who): Max Planck Institute of Economics
• (where): Jena
• (when): 2005

Further information

• Handle: http://hdl.handle.net/10419/24893
• Last update: 10.03.2025, 11:42 AM CET