In this paper, the dominating models of Business Management are listed and their effect on business is stated. It is argued that in the last decades, no new models enriched the toolkit for this field, although economy alters permanently. Because of her promising impact on economic growth, the...

The main goal of our research was to examine the importance of transferring tacit and experiential knowledge as well as social capital of founders for innovativeness of the next family generation, i.e. successors in smaller family firms. Data were collected through in-depth case studies,...

Foreign direct investment is the way by which transnational corporations increaseits profitability by getting the share on a new foreign market, by reducing the production costs or by exploiting other factor inputs (such as availability of raw materials for production and others). The drivers,...

The importance of a family can not be substituted by anything else, the family in the society is indispensable. There does not exist an official definition of family businesses or related term in Hungary. So far in Hungary we do not have any official report about the role and economic weight of...

Building on the Ács-Szerb Global Entrepreneurship and Development Index (GEDI) methodology this paper aims to show the public policy applicability of GEDI. GEDI is a complex measure of entrepreneurship involving three sub-indices, 14 pillars and 28 variables. By answering four research...

small and medium sized enterprises are important for any country, both economically and socially, being, as it is often said, 'the backbone' of the economy. The past three years were particularly difficult for SMEs in Romania and as a consequence a large number suspended their activities or...

The main purpose of the paper is to investigate the applicability of real-time marketing scorecard as a benchmarking tool for measuring and driving dynamic marketing performance in service-dominated sectors. Real-time marketing scorecard is a marketing research platform providing real-time data...

The venture capital has a decisive role in development, based on innovation and on advanced technology. The capital market is capable of choosing and capitalising the perspectival, innovative enterprises at the early stage. The more and more realised in Europe the effective economic influences...

In order to raise the potential of founders among students and to support academically educated start-up entrepreneurs, in the last years there was a strong focus on implementing entrepreneurship education (EE) on university level. Due to high expenses for these awareness campaigns and support...

Since the management revolution highlighted by the theories of Frederick Winslow and Henry Fayol, plenty of global changes have occurred. Competitiveness has become the major factor to determine the economic and social power represented by companies and nations. The basic aim of the research to...