The increasing importance of innovation in the Hungarian economy

The second annual international, high-level Conference on Cyberspace took place in the Hungarian capital at the beginning of October, focusing on the increasingly critical issue of digital security. From the host country, Viktor Orbán, the Hungarian prime minister, stressed the value of cyberspace as a ‘world without walls’, where freedom could flourish.

William Hague, the British foreign secretary, who was behind the first conference in London last year, called for improved international co-operation to protect internet security and to combat cyber-crime.

But the event also provided an opportunity to showcase Hungarian IT innovators and start-ups, from the social jukebox Mixgar – which enables party-goers to shuffle music ‘democratically’ via their smart-phones – to the computer-based natural science teaching tool, WebCam Laboratory. (MTI)