The role of 'business angels' in developing small firms in Hungary with growth potential

• Authors: Makra Zs. , Kosztopulosz A
• Languages of publication: HU

Abstracts

EN

The study presents a relatively little-known form of funding for small firms in Hungary. 'Business angels' are institutional venture capitalists who obtain a stake in unquoted companies with growth potential and often participate in developing them as well. A questionnaire survey was used to prove the existence of a rudimentary informal venture-capital market in Hungary. The findings point to a limited spread of business-angel activity in the country. Arguments are advanced for the importance of this type of investment and proposals made for developing the market for it.

Keywords

EN

BUSINESS ANGELS; SMALL & MEDIUM SIZE ENTERPRISES; VENTURE CAPITAL

Discipline

• ECONOMICS: ECONOMICS

• Publisher: Committee for Economic Sciences of the Hungarian Academy of Sciences
• Journal: Kozgazdasagi Szemle (Economic Review)
• Year: 2004
• Volume: 51
• Issue: 7/8
• Pages: 717-739
• Document type: ARTICLE

Contributors

author

Makra Zs.

author

Kosztopulosz A

• Zs. Makra, no address given, contact the journal editor

Identifiers

CEJSH db identifier

06HUAAAA00661656