A comparison of entrepreneurship development in two post-communist countries: The cases of Hungary and Ukraine

Entrepreneurial development is analyzed in the context of the post-communist economies of Hungary and Ukraine. The influence of systemic, historical, cultural, economic, and societal factors and government policies on the development of entrepreneurial ventures in Hungary and Ukraine is described. An attempt is made 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 posited.