Mihaly Laki, DSc of economics is scientific advisor, emeritus, Institute of Economics. From 1968 he was working at the Institute for Economic and Market Research (KOPINT), and from 1982 at the Research Institute of Cooperatives. He had been a research fellow of the Institute of Economics since 1989. His research field covers empirical and theoretical research on issues on firm behavior, privatization, entrepreneurship and market structures in transitional countries, especially in Hungary.