Entrepreneurial culture in Hungary - the hype of starts-ups

Abstract

The main focus of this article is to discuss startups from an entrepreneurial perspective, emphasizing the context and external sources for managing startup enterprises. First, a number of definitions of “startup” businesses will be provided. Startup as an enterprise and startup as a culture will be differentiated. As entrepreneurial and macro perspectives are adopted, some economic criteria and statistics will be provided, with a special focus on comparing Hungary to other countries along innovation, entrepreneurship and financial capital. This will give a clearer picture of Hungary’s potential for startup-exits.