Annual Research Days at the BBS

The FAME (Family Business Sustainability and Growth) programme was successfully introduced to the academic public at Budapest Business School's very own Annual Research Days event, which aims to introduce more academia and research groups to each other and all university citizens.

During the event held on April 5-6, 2018 more than twenty interactive workshops, roundtable discussions and lectures were offered to the participants. In addition, this year the whole event was centred round the notion of responsible and sustainable thinking. Among other topics, the two-day event included ‘Will Hungary win or lose in cyber economy?’, ‘How will higher education alter over the next 20 years?’, ‘How can food production be made sustainable?’. And with full support from award winning winemakers and wine experts a brand new research project was introduced (‘Why don’t young people drink quality wine?’). All these were overwhelmed by thought-provoking conversations, inspirational debates, diverse and decisive research from research teams and educators at BBS – the representatives of high-level scientific life. During the two days, FAME programme magnetised participants with its stand and flyers, presenting the programme concept, the content of its modules and the didactic and as well as methodological implementation.

Business Transfer Barometer Croatia

BTB Croatia

During training event in Leeds Mirela Alpeza from CEPOR presented the results Business Transfer Barometer research conducted by in Croatia in 2015.

Successful business transfer process is one of the key preconditions for long-term sustainability of small and medium-sized enterprises, which is most often associated with the retirement of the company owner and pulling out of the management, and often the ownership role in the company. In 2015 CEPOR - SMEs and Entrepreneurship Policy Centre has implemented Business Transfer Barometer Croatia survey and published the results. The survey was conducted on a random sample of 200 majority owners of small and medium-sized enterprises.

Based on the conducted survey in Croatia, it was determined that the share of enterprises whose owners belong to the 55+ generation amounts to 31% of the total number of enterprises in Croatia, that those enterprises have a share of 16.1% in the total number of employees in legal entities and a share of 18.9% of the total income generated by legal entities in Croatia. More than 5,300 enterprises with about 57,000 employees represent the risk group whose owners underestimate the complexity and length of duration of the business transfer process. An important characteristic of enterprises in the hands of 55+ generation is that majority of them were established in the 1990s (76%), and that their owners are also their founders in as much as 92% of cases, without personal experience of participation in the business transfer process. Based on the conclusions of the Business Transfer Barometer survey, and the recommendations of the European Commission for the improvement of national support systems for entrepreneurs in that process, CEPOR – SMEs and Entrepreneurship Policy Centre proposed a framework for future activities.

Conference participation in Łódź, Poland

On 15-17 May 2018 Hanna Kelm from Cracow University of Economics, Faculty of Economics and International Relations, Department of the European Studies, took part in the 8th ‘Family Businesses’ Scientific Conference, organized by the University of Social Sciences in Łódź, Poland. She was presenting her article: „Are Women in Family Business Supported Enough by the Polish Family Policy?”. This article is a part of FAME (Family Business Sustainability and Growth) Project. ERASMUS+ KA2 Strategic Partnership 2016-1-HU01-KA203-022930

Link to the publication:


Fourth Transnational Partner Meeting in Cracow

The fourth transnational partner meeting of the FAME project was organised in Cracow hosted by the Polish partner, Cracow University of Economics on 26-27 April 2018. Five partners participated at the meeting delegating 1 to 4 persons, and the representative of MAC-Team had a Skype presentation online about the quality management issues at the second day of the meeting (he was absent due to illness). Several important issues were discussed at the meeting by the coordinators and the leaders of the module development teams. The module leaders introduced the final version of the module handbooks, and the e-learning experts of BBS presented the first materials of the online training materials with short interview films. The participants reviewed the work-based learning elements of the project and agreed on the completion of the necessary country specific elements to the training materials. A unique part of the meeting was the video shooting to the e-learning materials – recording 1 minute long introductions by the module leaders to the four training modules (Brian Jones from Leeds Beckett University to the Fundamentals of SME Management module, Judit Sági from Budapest Business School to the Entrepreneurial Finances module, Jan Brzozowski and Romana Paszkowska from Cracow University of Economics to the Family Business Governance, Human Resources and Immigrant’s Integration and to the Transition Issues modules). Besides partners also discussed project management, quality management and dissemination/exploitation issues as always. The meeting closed with the action planning, the agreement on the deadlines and responsibilities of the tasks for the next project period.

Download this file (FAME_4th_meeting_minutes.pdf)Minutes of the 4th partner meeting[Minutes of the meeting]645 kB

Presentation at the Club Days of the National Association of Family Businesses in Hungary

As Budapest Business School has an excellent connection with the National Association of Family Businesses in Hungary (CSVOE i.e. one of the most important advocacy organizations of family businesses in Hungary, it was within the framework of the signed Cooperation Agreement that the representatives of BBS were invited twice to the monthly Club Day event of the Association. In this way BBS had a great opportunity to inform members of the association about all development actions in progress connecting to Family Businesses. On average there were 50-60 participants at the Club Day event of CSVOE, which meant a large audience for the presentations about the FAME project.

At the first event, Ms Krisztina Németh (member of the Transition Module development team) and László Varga (project coordinator) introduced the results of the closed INSIST project (antecedent project of FAME) and as well as objectives, expected results and impacts of the FAME project. The participants were delighted about the continuation of the international projects of BBS in the field of Family Business development – involving the members of the association to the pilot actions of the results (workshops, pilot trainings).

At the second time, Mr László Radácsi PhD, director of Budapest LAB (Entrepreneurship Centre of BBS) reported on the establishment of Budapest LAB and its first important actions, the start of a wide-scale Family Business research in Hungary, in which the members of CSVOE had had an important role. Besides the first results of FAME, other international project of BBS were mentioned to the participants. Synergies between the research programme of the LAB and the FAME project have mutually reinforcing effects on each other.

BBS and the National Association of Family Businesses agreed that all information about the development actions of BBS are important and useful for the membership of CSVOE, and the representatives of BBS are warmly welcome to the Club Days in 2018 as well.