Hungarian businesses do not innovate due to a lack of capital

In Billingo’s latest research, it examined the attitude towards innovation among its users. The results of the research shed light on the difficulties that domestic enterprises may face when they want to introduce some new, different process from the previous ones, whether the reason for this is cost efficiency or the lack of labor. Those who voted in favor of the introduction, in most cases, did not regret it, in fact, they are already thinking about the next development.

Every other company just jumped in

In the past two years, 46 percent of the participants in the survey decided to support their own processes with some kind of innovative solution for the sake of efficiency. Furthermore, it was also revealed that the most innovative were the individual entrepreneurs who are primarily active in the field of commerce or providing engineering services, in the field of education, and in the IT field.

“These results are not surprising, since the most important thing for individual entrepreneurs is to be able to increase their efficiency, if possible, without involving human resources. At the same time, they have the shortest decision-making process, they act quickly if a situation calls for it”

– said Szabolcs Bestró, strategic and operational director of Billingo.