Abstract
One of the important issues facing CEECs in the transformation from centrally planned to market economies is the need to develop SMEs. The potential role of SMEs includes generating employment and thereby possibly absorbing labour surpluses which result from economic restructuring, contributing to the development of a competitive economy with diversified structures, and being a source of innovation. Data for the European Union (EU) illustrates the important contribution of SMEs: They account for 99 per cent of all enterprises, 66 per cent of employment and turnover. In Central and Eastern Europe rapid progress with transformation was accompanied in most countries by a rapidly evolving private sector including SMEs due to privatisation and the formation of new firms.
This is a preview of subscription content, log in via an institution to check access.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Preview
Unable to display preview. Download preview PDF.
Similar content being viewed by others
Literature
Bateman, M. (2000): Business Support Centres in the Transition Economies — Progress with the wrong Model? Small Enterprise Development 11(2), pp. 50–59.
Bohle, D. (1996): Governance im Spätsozialismus: Die Herausbildung hybrider Koordinationsformen und informeller Vernetzungen in Ungarn und Polen in den achtziger Jahren. WZB-Discussion Paper FS I 96–102, Berlin: WZB.
Bridge, S.; O’Neill, K.; Cromie, S. (1998): Understanding Enterprise, Entrepreneurship & Small Business. Houndsmill, Basingstoke and London: Macmillan Press.
Bod, P. A. (1989): Deregulation and Institution Building. Lessons from the Reform of the Hungarian Public Sector. Jahrbuch der Wirtschaft Osteuropas 13(1), pp. 110–126.
Dallago, B. (1997): The Economic System, Transition and Opportunities for Entrepreneurship. In: OECD (Ed.): Entrepreneurship and SMEs in Transition Economies. The Visegrad Conference. Paris: OECD, pp. 103–124.
Dallago, B. (1990): The Irregular Economy: the “Underground” Economy and the “Black” Labour Market. Aldershot: Dartmouth.
EU (1999): An Evaluation of Phare SME Programmes: Hungary. Final report. Brussels: EU.
EU and Government of the Republic of Hungary (2000): Joint Assessment of the Economic Policy Priorities of the Republic of Hungary. Brussels. http://www.meh.hu/PM/Dokumentumok/report20000406.htm.
Frydman, R. et al. (1998): Capitalism with a Comrade’s Face. Budapest: Central European University Press.
Gabor, I. R. (1997): Too Many, too Small: Small Entrepreneurship in Hungary — Ailing or Prospering? In: Grabher, G.; Stark, D. (Eds.): Restructuring Networks in Post-Socialism: Legacies, Linkages, and Localities. Oxford et. al: Oxford University Press, pp. 158–175.
Gabor, I. R.; Horváth, T. D. (1987): Failure and Retreat in the Hungarian Private Small-Scale Industry. Acta Oeconomica 38(1–2), pp. 133–153.
Gibb, A.; Haas, Z. (1996): Developing Local Support Services for Small Business Development in Central and Eastern Europe — The Donor Challenge. Entrepreneurship & Regional Development 8, pp. 197–216.
Grabher, G. (1994): The Elegance of Incoherence: Institutional Legacies, Privatization and Regional Development in East Germany and Hungary. WZB Discussion Paper FS I 94–103, Berlin: WZB.
Institute for Small Business Development, various years, State of Small and Medium Sized Business in Hungary. Annual Report. Budapest: Institute for Small Business Development.
Kerblay, B. (1977): La société soviétique contemporaine. Paris: Armand Colin.
Kornai, J. (1992): The Affinity between Ownership and Co-ordination Mechanisms: the Common Experience of Reform in Socialist Countries. In: Poznanski, K. Z. (Ed.): Constructing Capitalism. The Reemergence of Civil Society and Liberal Economy in the Post-Communist World. Boulder, CO. et al.: West-view, pp. 97–116.
Kornai, J. (1995): Das sozialistische System. Baden-Baden: Nomos Verlagsgesellschaft.
Kornai, J. (1996): Unterwegs: Essays zur wirtschaftlichen Umgestaltung in Ungarn, Marburg: Metropolis-Verlag.
Kuczi, T.; Vajda, A. (1992): Privatization and the Second Economy. The New Hungarian Quarterly 33, pp. 77–84.
Lageman, B. (1995): Die neuen Unternehmer in Ostmitteleuropa: Herkunft und Rekrutierungsmechanismen. Berichte des Bundesinstituts für ostwissenschaftliche und internationale Studien, 59–1995, Köln: BIOst.
Lageman, B. et al. (1994): Aufbau mittelständischer Strukturen in Polen, Ungarn, der Tschechischen und der Slowakischen Republik. Untersuchungen des Rheinisch-Westfälischen Instituts für Wirtschaftsforschung 11, Essen: RWI.
Lakalka, R. (1994): Incubating Small Entrepreneurial Businesses in Economies in Rransition. Small Enterprise Development 5(3), pp. 13–23.
Laky, T. (1985): Enterprise Business Work Partnership and Enterprise Interest. Acta Oeconomica 34(1–2), pp. 27–49.
Laky, T. (1989): Vanished Myth — Wavering Intentions. (Small Enterprises Revisited). Acta Oeconomica 40(3/4), pp. 285–306.
Laky, T. (1991): Small Business Organization in the Hungarian Economy. In: Henk T. et al. (Eds.): Small-Scale Production Strategies for Industrial Restructuring. London: IT Publications, pp. 244–261.
Ministry of Economic Affairs (1998): Government’s Strategy for Supporting Small-and Medium-sized Enterprises. o.O. (Budapest) http://www.gm.hu/english/sme/smestrat.htm
Oakey, R. P. (1997): High Technology Development in a Transforming Economy: the Case of Hungary. In: OECD (Ed.): Entrepreneurship and SMEs in Transition Economies. The Visegrad Conference, Paris: OECD, pp. 35–50.
OECD (1994): The Emergence of Business Associations and Chambers in the Economies in Transition: Examples from the Czech Republic, Hungary, Poland, and the Slovak Republic. Paris: OECD/CCET.
OECD (1996): Small Business in Transition Economies. Paris: OECD/CCET.
Piasecki, B. (1992): A Comparative Study. In: Piasecki, B. (Ed): Policy on Small and Medium-Sized Enterprises in Central and Eastern European Countries: Survey and Comparative Study. Warsaw, pp. 229–263.
Suzuki, K. (1996): SME Financing in Central European Countries Based on Experiences in Hungary, the Czech Republic and Poland. In: OECD (Ed.): Systems for Financing Newly Emerging Private Enterprises in Transition Economies. Paris: OECD, pp. 17–44.
Szeleny, I. (1988): Socialist Entrepreneurs. Embourgeoisement in Rural Hungary. Madison, WI: University of Wisconsin Press.
Tibor, A. (1994): Entrepreneurs in Hungary ’94. In: Pleitner, H.-J. (Ed.): Strukturen und Strategien in Klein-und Mittelunternehmen als Wegbereiter des Aufschwungs. Beiträge zu den “Rencontres de St-Gall” 1994, St. Gallen: Schweizerisches Institut für Gewerbliche Wirtschaft, pp. 63–68.
Tibor, A. (1998): Why do Enterprises Fail in Hungary? A Preliminary Report of an Envisaged Investigation. In: Pleitner, H.-J. (Ed.): Renaissance der KMU in einer globalisierten Wirtschaft. Rencontres de St-Gall 1998. St. Gallen: Verlag KMU HSG, pp. 239–248.
Welter, F. (1994): Bedeutung des Konkursrechts im Transformationsprozess der ostmitteleuropäischen Länder. RWI-Mitteilungen 45(4), pp. 325–344.
Welter, F. (1996): Unternehmer in Osteuropa. Berliner Debatte/Initial, (3), pp. 100–107.
Editor information
Editors and Affiliations
Rights and permissions
Copyright information
© 2002 Springer-Verlag Berlin Heidelberg
About this chapter
Cite this chapter
Welter, F. (2002). Small and Medium Sized Enterprises in Hungary. In: Pfirrmann, O., Walter, G.H. (eds) Small Firms and Entrepreneurship in Central and Eastern Europe. Technology, Innovation and Policy, vol 14. Physica, Heidelberg. https://doi.org/10.1007/978-3-642-57460-3_7
Download citation
DOI: https://doi.org/10.1007/978-3-642-57460-3_7
Publisher Name: Physica, Heidelberg
Print ISBN: 978-3-7908-1467-5
Online ISBN: 978-3-642-57460-3
eBook Packages: Springer Book Archive