A Comparison of Entrepreneurship Development in Two Post-Communist Countries: The Cases of Hungary and Ukraine
Vol. Volume 7, Number 1 April/2002
Wade M. Danis,Andrew V. Shipilov
Entrepreneurial development is analyzed in the context of the post-communist economies of Hungary and Ukraine. Citing relevant examples from published sources and personal experience, we examine the impact of systemic, historical, cultural, economic, and societal factors, as well as government policies, on the development of entrepreneurial ventures in Hungary and Ukraine. We attempt to better understand the reasons underlying difficulties in developing local entrepreneurial ventures. Suggestions are provided for ways in which policy makers and entrepreneurs can enhance successful development of private initiative in Hungary and Ukraine. Key research questions that require attention in light of the findings are posed.