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Ten years after: Hungarian big entrepreneurs in the European Union

Ten years after: Hungarian big entrepreneurs in the European Union. MihályLaki - Julia Szalai Institute of Economics – Institute of Sociology Hungarian Academy of Sciences. Definition (previous and follow up research)

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Ten years after: Hungarian big entrepreneurs in the European Union

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  1. Ten years after: Hungarian big entrepreneurs in the European Union MihályLaki- Julia Szalai Institute of Economics – Institute of Sociology Hungarian Academy of Sciences 2011June 20-22 Barcelona, Spain

  2. Definition (previous and follow up research) All the interviewed persons are owners of a decisive (in lot of cases majority) share of the stocks and they are the main decision makers at a company or at a group of companies with hundreds of employees and/or with 0.5-10 thousand million HUF (3-4 million Euro) turnover/year. 2011June 20-22 Barcelona, Spain

  3. Basic indicators • male(92%) • highly educated (88%) • living in Budapest or in big towns • -older than 40 on the day of the interview (90%) 2011June 20-22 Barcelona, Spain

  4. Turning points of the carrier path and methods of acquisition 2011June 20-22 Barcelona, Spain

  5. Performance measured by company development1990-1999 2011June 20-22 Barcelona, Spain

  6. Conclusion of our previous research „The strategy of adaptation has again been successful, as the earlier statistical data indicate, and domestic grand business has been able to maintain its share and its position. In light of such renewed success EU accession seems to promise easier conditions and mowing forward rather than collapsing. Obviously, it is a new phase with new challenges for adaptation, but after all, this is very area in which Hungarian grand entrepreneurs have for decades shown their most outstanding performance.” 2011June 20-22 Barcelona, Spain

  7. Performance measured by company development 2000-2008 2011June 20-22 Barcelona, Spain

  8. Growth of GDP industrial production and of the number of companies 2011June 20-22 Barcelona, Spain

  9. Taxes as % of GDP in Hungary 2011June 20-22 Barcelona, Spain

  10. Volume of company loans compare to GDP 1999-2008 (%) 2011June 20-22 Barcelona, Spain

  11. The distribution of subscribed capital of enterprises with single and double entry in 1992-2009 2011June 20-22 Barcelona, Spain

  12. Number of popular forms of registered economic organizations 2011June 20-22 Barcelona, Spain

  13. Optimism/pessimism indicator 2011June 20-22 Barcelona, Spain

  14. 2011June 20-22 Barcelona, Spain

  15. Index of confidence 1996-2010 Prepared by GKI Economic Research Co 2011June 20-22 Barcelona, Spain

  16. Some elements of the successful adaptation • diversification • new markets or market niches at home and abroad • restructuring the network capital (cooperation with the multinationals – subcontracting) • implementation of West European management methods 2011June 20-22 Barcelona, Spain

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