MTA-PTE Innovation and Economic Growth Research Group
Sponsor: Hungarian Academy of Sciences
Duration: 01.07.2012 – 30.06.2017
Researchers: Attila Varga, Katalin Erdős, Orsolya Hau-Horváth, Péter Járosi, Tamás Sebestyén, Éva Somogyiné Komlósi, Norbert Szabó
Objectives: It is proven by economics that innovation is one of the most important factors of economic growth in the modern era (Romer, 1990). The new cohesion policy of the EU introduced in 2014 and related to this also the document Europe 2020 aims the strengthening of innovation to enhance global positions of the EU. Boosting innovation is the key to put Hungary on a new growth path too. The least known, but very critical areas of the domestic innovation system are innovation co-operations and entrepreneurial willingness (e.g. Havas and Nyíri, 2007). It is less likely to gain further, deeper knowledge on the co-operation of the actors of the Hungarian innovation system (industrial companies, service providers, private and publicly funded research institutions), respectively on the national entrepreneurial willingness on the base of traditional tools (entrepreneurial surveys, standard innovation surveys (CIS), patenting activity, analysis of R&D activity. The traditional research methods are also insufficient to analyse the relationship between innovation and economic growth. The research analyses innovation co-operations, the complex relationship of entrepreneurship and economic growth by applying new research tools developed in the international literature.
Financial and Institutional Reforms for Entrepreneurial Society (FIRES)
Sponsor: EU Horizon 2020 – the Framework Programme for Research and Innovation
Role: consortium member
Researchers: László Szerb, Balázs Páger, Éva Somogyiné Komlósi
Objectives: In this project we will analyse the broader contexts of smart, inclusive and sustainable growth in Europe to support implementation of the Commission’s 'Europe 2020' growth strategy and to restore Europe’s ability to innovate, grow and create jobs over the coming decades. In this proposal we argue that entrepreneurship must play a central role in that effort. 'Entrepreneurship' tends to make people think of the US and its model of high growth and high-tech start-ups in Silicon Valley. We are keenly aware, however, that a European growth agenda requires a focus on European entrepreneurship. US recipes and models will not fit the European context and do not deliver the results Europe wants. Our project's objective is therefore to thoroughly analyse European institutional arrangements and their current (in)ability to mobilise Europe’s human, financial and knowledge resources for entrepreneurial activity. This will help us formulate an effective reform strategy to reinvigorate European economies. The current diversity of institutional arrangements in Europe has long and common historical roots that must first be recognised and understood. Based on common global trends in technology and competition, we then establish the urgency and desirability for making the transition to a more entrepreneurial economy throughout Europe. Once this has been established, our project will develop and provide the tools for policy makers to assess the quality of national and regional entrepreneurial ecosystems and to identify the main strengths and weaknesses with regard to making the transition. Based on this assessment we will formulate specific proposals to enhance the allocation of talent, finance and knowledge to new value creation and we will conclude our project with a legal analysis to see where competencies currently lie and what action could be taken.
Further information: http://www.projectfires.eu/