To make informed policy decisions, governments must first understand the current state of their entrepreneurial ecosystem and define a clear vision for its future. In Hungary, this approach has been central to shaping strategies that strengthen micro, small, and medium-sized enterprises (SMEs).
Leveraging insights from the Global Entrepreneurship Monitor (GEM), policymakers have gained a deeper understanding of entrepreneurial attitudes, capabilities, and barriers — critical factors for designing effective interventions. GEM data not only highlights trends in perceived opportunities, ease of starting a business, and fear of failure, but also provides international benchmarks that help identify areas requiring
urgent attention.
Hungary’s Strategy for Strengthening Micro, Small and Medium Enterprises (2019–2030) exemplifies how GEM research informs long-term planning. As noted by Máté Lóga, State Secretary for Economic Strategy, GEM findings have guided policy priorities aimed at fostering technological renewal, supporting digital and green transitions, and enhancing competitiveness and resilience. By integrating GEM indicators into national strategies, Hungary is building a modern, predictable framework to stimulate entrepreneurial activity, ensuring that SMEs remain a driving force for sustainable growth and innovation in the years ahead.
Read more in the GEM Hungary Policy Impact story.