Corvinus
Corvinus

The solution-seeking behavior of small Hungarian enterprises between 2006 and 2010

Győri, Ágnes (2013) The solution-seeking behavior of small Hungarian enterprises between 2006 and 2010. Corvinus journal of sociology and social policy, 4 (1). pp. 81-104.

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Official URL: http://cjssp.uni-corvinus.hu/index.php/cjssp/article/view/70


Abstract

This paper describes the results of an investigation into the finance-related innovative ability of Hungarian micro, small and medium sized enterprises (SMEs) by using two datasets (from 2006 and 2010). The author explored SMEs’ levels of openness to new financial solutions and identified features which influence their innovative solution-seeking behavior. Additionally, changes in innovation between 2006 and 2010 were analyzed according to the SME sector and whether there is a correlation between having an active solution seeking attitude and business performance was examined. The findings show that shared/multiple ownership in businesses (having interests in different enterprises simultaneously) has a significant positive effect on flexibility and innovative ability. However, the size of the business, industrial sector, type of ownership and market of the SME also have some effect. Furthermore, the hypothesis that an active solution-seeking attitude increases after-tax performance per employee was confirmed.

Item Type:Article
Uncontrolled Keywords:small and medium sized enterprises, active solution-seeking attitude, innovation
Subjects:Knowledge economy, innovation
Projects:TÁMOP 4.2.1/B-09/1/KMR-2010- 0005
ID Code:1254
Deposited By: Ádám Hoffmann
Deposited On:14 Jun 2013 11:01
Last Modified:14 Jun 2013 11:01

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