The Human Factor in the Hungarian Business Services Sector Development in Comparison with Regional Competitors

The aim of the study is to examine the market position of the Hungarian business service centers in the Central and Eastern European region with special regard to the available human resources. The study first explores the literature on the development of the global, regional and Hungarian business services sector (BSS). Then, through comparative statistical analysis, it presents the situation of the Hungarian market within the CEE region. Development of the region’s business services sectors was unbroken between 2015 and 2020, but growth showed a declining trend in most countries in terms of number of employees. Different growth trajectories can be explained by different quantitative, qualitative and spatial distributions of human resources. However, our study not only sheds light on regional disparities, but also helps to overcome inequalities, thereby recommending a more effective investment promotion and human resource development policies.