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          Institute: MPI für Ökonomik     Collection: Entrepreneurship, Growth and Public Policy Group     Display Documents

ID: 218032.0, MPI für Ökonomik / Entrepreneurship, Growth and Public Policy Group
Az uj vallalkozasok gazdasagra gyakorolt hatasainak vizsgalata nemzetközi összehasonlitasban
Authors:Acs, Zoltan J.; Szerb, László; Varga, Attila; Ulbert, Józef; Bodor, Eva
Place of Publication:Jena
Publisher:Max-Planck-Institut zur Erforschung von Wirtschaftssystemen
Date of Publication (YYYY-MM-DD):2004
Total Number of Pages:24
Title of Series:Papers on Entrepreneurship, Growth and Public Policy
Issue / Number:2404
Corporate Body (Series Editor):Max-Planck-Institut zur Erforschung von Wirtschaftssystemen
Review Status:Internal review
Audience:Not Specified
Abstract / Description:The analysis of the effect of new ventures on the economy has been widely investigated over the last decade. However, the Global Entrepreneurship Monitor (GEM) international research was the first that provided a consistent and comparable estimation of the entrepreneurial activity over nations. The present study describes the most important result of the GEM research over the 2001-2003 time period with focusing on Hungary. Using the two most important rates, the Total Entrepreneurial Activity (TEA) index and the Firm Entrepreneurial Index (FEI), Hungary can be found in the middle range of the participating countries. Our situation is better in terms of regional comparison in the Central Eastern European region - Croatia, Poland, Russia and Slovenia -, and slightly better comparing to the European Union average. Since the new firm formation effect on economic growth and employment creation outweigh that of the existing companies by five to six times, Hungarian entrepreneurship policy should focus more on supporting the newly created enterprises.
Classification / Thesaurus:JEL Classification: M13
External Publication Status:published
Document Type:Paper
Communicated by:David B. Audretsch
Affiliations:MPI zur Erforschung von Wirtschaftssystemen/Abteilung Entrepreneurship, Growth and Public Policy
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