Hungary

The world cannot be imagined without innovation progress therefore its measurement and evaluation are highly important. The aim of the paper is to present the importance of innovation progress in the framework of the EU and present the innovation capacities between Hungary and Serbia in the time frame of one decade based on defined innovation inputs distributed through selected outputs.

This paper provides the reader with a thorough insight into the bilateral economic relationship between Hungary and Taiwan. Due to the One-China policy Hungary – and most countries in the world – do not have formal diplomatic or political contacts with Taiwan, however Taiwan as an autonomous economic entity seems to be a promising partner for Hungary and other European countries, even though due to the huge geographic distance and to the relative less-known market environment the amounts of trade turnover and investments have still been modest.

A country’s economic success depends on the profitability of its enterprises. Regarding entrepreneurship, however, opinions differ to a large extent. In addition to the social and economic conditions, the significance of entrepreneurship education is also dealt with in our paper. The primary objective is to give an insight into what it is like to be an entrepreneur in today’s Hungary. The key findings of students’ and entrepreneurs’ questionnaires directed at the necessary knowledge, competencies, skills and willingness to set up an enterprise are also presented.

The authors first review the most important features of the cafeteria system (goals, typical ‘stakeholders’ and strategic HR issues). Then they examine the evolution of the system of flexible benefits since 1996, when the first such systems appeared in Hungary. Authors also analyze how the main drivers caused the changes, and how the key players of the cafeteria systems adapted themselves to these movements. The reader can also find insight into the major changes for 2012 and the potential impact of these changes on benefit policies of Hungarian firms.