Path to an innovation-driven economy

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2000 Alameda de las Pulgas,San Mateo CA 94403

21 April, 2022

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Hungary's path to an innovation-driven economy - Chances and Challenges by Zoltán Cséfalvay, former Secretary of Economic Strategy Hungary's path to an innovation-driven economy - Chances and ChallengesThursday April 21, 2022, 7 pm PDT in person talk by Zoltán Cséfalvay, former Secretary of Economic Strategy While Hungary has successfully managed the transition to modern industrialisation, driven by foreign direct investment, technology import and a well-educated workforce, it now faces the challenge of embarking on an innovation-led economic growth path. We'll be examining three key issues: The shift to the more value-added parts of global value chains The widespread implementation and development of new technologiesThe upstream of innovations by start-ups.There is a clear sea change in Hungary as foreign direct investment has become increasingly coupled with higher value-added processes over the last decade. The access to capital has increased, the institutional settings have widened, though access to talent needs further measures, in particular strengthening the talent and technology transfer between universities and companies. There are also opportunities in specialising in Industrial Internet technologies as well as Big Data and AI. Our presenter, Zoltán Cséfalvay, is the former Secretary of Economic Strategy for Hungary. Join us for a conversation with Zoltán on Thursday, April 21 at 7 pm PDT. Brought to you by the Hungarian American Society for Science, Technology and Innovation in Silicon Valley, together with András Doncsev, Scientific & Technical Attache, and Eva Voisin, Honorary Consul. Time: Thursday April 21, 2022, 7 pm PDT Location: 2000 Alameda de las Pulgas, San Mateo, CA 94403

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