Objective: Hungary is a leading outward foreign investor among the new member states of the European Union. Our research question is what those factors are which enabled Hungarian companies to expand abroad successfully. Research Design & Methods: Our methodology is based on company case studies of the leading investors and other randomly selected companies with foreign investment. Findings: Our main findings include the specific ownership advantages (OA) of privatised companies, with links to their heritage from the pre-transition period.
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Sass et al. (2014) studied this question.