Resource title

Could the Irish miracle be repeated in Hungary?

Resource image

image for OpenScout resource :: Could the Irish miracle be repeated in Hungary?

Resource description

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.

Resource author

Zoltán J. Ács, Colm O'Gorman, László Szerb, Siri Terjesen

Resource publisher

Resource publish date

Resource language

eng

Resource content type

text/html

Resource resource URL

http://hdl.handle.net/10419/24893

Resource license

Adapt according to the presented license agreement and reference the original author.