TY - JOUR AU - Tölgyessy Péterné Sass, Magdolna TI - Internationalisation of innovative SMEs in the Hungarian medical precision instruments industry JF - POST-COMMUNIST ECONOMIES J2 - POST-COMMUNIST ECON VL - 24 PY - 2012 IS - 3 SP - 365 EP - 382 PG - 18 SN - 1463-1377 DO - 10.1080/14631377.2012.705470 UR - https://m2.mtmt.hu/api/publication/2049793 ID - 2049793 AB - Competitive and innovative Hungarian SMEs in the medical precision instruments sector can be characterised by continuous development, special knowledge and innovation activity. These are the main factors behind their high level of competitiveness and higher than average level of internationalisation. Certain companies could become leading firms in worldwide comparison in niche segments, and there are a few companies which internationalised early in the company life cycle and can be called 'emerging born globals'. Thus post-communist economies can also be homes to such companies. This article analyses the motivation of internationalisation, the choice of foreign location and the main barriers to internationalisation for SMEs in this sector in Hungary, pointing out the similarities and differences between problems faced by smaller companies in former transition economies and in more developed economies. © 2012 Copyright Taylor and Francis Group, LLC. LA - English DB - MTMT ER - TY - BOOK AU - Laki, Mihály TI - A termék- és szolgáltatáspiacok átalakulása 1989 után T3 - KTI Könyvek ; 15. ET - 0 PB - MTA Közgazdaságtudományi Intézet CY - Budapest PY - 2011 SP - 76 SN - 9786155024832 UR - https://m2.mtmt.hu/api/publication/1792490 ID - 1792490 LA - Hungarian DB - MTMT ER - TY - JOUR AU - Major, Iván TI - Technical efficiency, allocative efficiency and profitability in Hungarian small and medium-sized enterprises. a model with frontier functions TS - a model with frontier functions JF - EUROPE-ASIA STUDIES J2 - EUROPE-ASIA STUD VL - 60 PY - 2008 IS - 8 SP - 1371 EP - 1396 PG - 26 SN - 0966-8136 DO - 10.1080/09668130802292200 UR - https://m2.mtmt.hu/api/publication/182298 ID - 182298 AB - By applying a simple model of frontier production functions, this article shows that Hungarian small and medium-sized enterprises (SMEs) produce far below their feasible level, given their input endowment. The SMEs' under-production is rooted in the allocative inefficiency of small and medium-sized firms: they use labour in excess while they lack a sufficient level of capital assets. As a consequence of large inefficiencies, Hungarian SMEs improve profitability by scaling down production rather than by expansion. LA - English DB - MTMT ER - TY - JOUR AU - Földvári, Péter AU - Bas, van Leeuwen TI - An Estimation of the Human Capital Stock in Eastern and Central Europe JF - EASTERN EUROPEAN ECONOMICS J2 - EASTERN EUR ECON VL - 43 PY - 2005 IS - 6 SP - 53 EP - 65 PG - 13 SN - 0012-8775 UR - https://m2.mtmt.hu/api/publication/1135837 ID - 1135837 LA - English DB - MTMT ER -