Innovative development of small and medium-sized businesses in Hungary

Abstract

It was determined that the experience of innovative transformations in the field of small business acquired by the leading countries of the world is of particular interest. This experience can be considered as a reliable guide for choosing effective methods of implementing innovative reforms in the domestic economy, as a means of avoiding mistakes and unwanted additional costs. Therefore, the problem of studying and summarizing the innovative development of small and medium-sized businesses in the economy of Hungary, given the successes achieved and miscalculations, is very relevant.