Venture capital and private equity financing has become an important mechanism for the development and radical transformation of companies worldwide in recent decades. Nevertheless, the venture capital and private equity sector covers only a relatively small proportion of economic activity...

Imports is an important factor beside exports when firm-level connection between innovation and productivity is analyzed. Innovation boosts productivity, its impact has been changing between 2005 and 2016 in Hungary. The estimated impact increased until 2010, then declined and fell to the level...