The judicial enforcement of contracts and the development of entrepreneurial economy

A new three-year research project commences at HETFA Institute in October 2014. The project is led by Karoly Mike, who has received a postdoctoral scholarship from the Hungarian Scientific Research Fund. The legal system plays a crucial role in any modern economy. An important aspect of this role is that it supports business relationship between […]

Reports of the Expert Evaluation Network approved and published by the Commission

The Director of HÉTFA, Gábor Balás works in the Expert Evaluation Network for several years now, the entity delegated by the Directorate-General for Regional Policy of the European Commission.  The objective of this network of experts is to synthesise evidence on the performance of Cohesion policy in the 2007-2013 period by examining the physical and financial performance of the […]

Impact of Academic Research on GDP Growth

As it is shown in the economic growth literature, the return of resources invested in research is expected to contribute to the higher growth rate of potential income of the economy. This paper examines this relation in case of Hungary based on data from the period 2000-2011. Three sources of GDP growth are the increase in […]