Economic Path-finding by Learning: The Case of a Small Town in Hungary Cover Image

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Economic Path-finding by Learning: The Case of a Small Town in Hungary

Author(s): Ernő Molnár
Subject(s): Recent History (1900 till today), Economic development, Socio-Economic Research
Published by: Akadémiai Kiadó
Keywords: small town; industrial restructuring; supply chains; adaptation;

Summary/Abstract: The industrialization of small towns after the WWII had contradictory results. Industry became an important element of local economies, yet the sector also showed structural problems (external control, technological backwardness, a strong dependency on Eastern markets, and problematic economic sectors). After the change of regime, these features led to remarkable de-industrialization, though despite the negative tendencies, some industrial enterprises have survived. They are trying to keep afloat and grow within the new organizational structure; and such firms are orienting themselves toward new markets, have new roles, and are adapting themselves in work organization and technology. This case study presents the changes experienced by some firms in the last two decades in one small town in Eastern Hungary, taking the stance that the reindustrialization of both wider and narrower regions and districts will offer such enterprises a chance to become integrated into the established supply chains – that is, if they are able to learn and adapt to the changing circumstances.

  • Issue Year: 23/2014
  • Issue No: 3
  • Page Range: 462-471
  • Page Count: 10
  • Language: Hungarian