Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/24893 
more recent Version: 
Year of Publication: 
2005
Series/Report no.: 
Papers on Entrepreneurship, Growth and Public Policy No. 3305
Publisher: 
Max Planck Institute of Economics, Jena
Abstract: 
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.
Subjects: 
Entrepreneurial Activity
GEM
Economic Development
Entrepreneurs
Foreign Direct Investment
Knowledge Spillovers
Ireland
Hungary
JEL: 
M13
F23
O10
O30
Document Type: 
Working Paper

Files in This Item:
File
Size
435.77 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.