The analysis of the effect of new ventures on the economy has been widely investigated over the last decade. However, the Global Entrepreneurship Monitor (GEM) international research was the first that provided a consistent and comparable estimation of the entrepreneurial activity over nations....

The characteristics of large, sometimes giga-sized investments of complex engineering systems often require a multidisciplinary decision-making process. The investment parameters on which the decision-making is based, the optimality criteria underlying this process and the identification of the...

Real options theory is the newest expansion of standard investment evaluation methods and one that is at the same time suitable for eliminating most of their inadequacies. Similarly to financial options, the possession of real options –rights not obligations – means that operational or...

Olyan, mintha tegnap lett volna, de hamarosan öt éve, hogy professzor dr. Bélyácz Iván, az MTA rendes tagja, a Pécsi Tudományegyetem Közgazdaságtudományi Karának doktori iskola vezetője nyugdíjba vonult. Mondhatnám, hogy jól megérdemelt nyugdíjas éveit kezdte, de elnézve az...

It seems like yesterday, but it will soon be five years since Professor Iván Bélyácz, full member of the Hungarian Academy of Sciences and head of the Doctoral School of the Faculty of Economics of the University of Pécs, retired. I could say that he started his well-deserved retirement, but...