Measuring Regional Entrepreneurship in Hungary

László Szerb, Éva Komlósi (), Zoltan Acs and Raquel Ortega-Argiles
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Éva Komlósi: University of Pécs

from Óbuda University, Keleti Faculty of Business and Management

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.

Keywords: Entrepreneurship; Regional Development; Entrepreneurship policy; Hungary (search for similar items in EconPapers)
Date: 2013
ISBN: 9786155018589
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Citations: View citations in EconPapers (5)

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