Search results - CEJSH

1

The Impact of Business Cycles on the Foreign Direct Investment Inflows to Poland

100%

Warżała R.

Equilibrium. Quarterly Journal of Economics and Economic Policy

|

2014

|

vol. 9

|

issue 2

25-39

EN

The core of this article is to study the impact of the last world economic crisis and world foreign direct investment fluctuations in the same period. The empirical study was based on data published by UNCTAD in annual reports, called World Investment Report. The research concerning the Polish economy was based on data of Polish National Bank. For measuring the relation between studied phenomena, the analysis of correlation was used, as well as the structure rate and the rate of growth. For the evolution of GDP fluctuations in Poland in the years 1990-2012, both the method of statistical analysis and the descriptive method were used. In the latest World Investment Report (WIR 2012) one can find the current world financial crisis involved in the drop of foreign direct investment flows. That was characteristic for the Polish economy, too. The main reasons for that are the descending investment capability of corporations, because of poorer profits level and higher costs of bank credits. The important argument for corporation investment slump is that the prospects of world economic growth are unfavourable.

2

MUTUAL FOREIGN INVESTMENTS WITHIN THE VISEGRAD GROUP IN 2011-2014

100%

Rak-Młynarska E., Łapińska H.

Zeszyty Naukowe Wyższej Szkoły Finansów i Prawa w Bielsku-Białej

|

2016

|

issue 3

102-120

EN

The aim of this study is the presentation of a direct foreign investment scale in Visegrad Countries in 2011-2014 based on an analysis of the statistical data from the available domestic and foreign sources and the literature research. It is necessary to answer the question if the Visegrad countries use appropriate factors which stimulate the expansion and what barriers cause that those investments increase very slowly. The process of integration with the EU and the creation of an association that supports common business of Poland, the Czech Republic and Hungary were aimed at strengthening of the economic cooperation among them, including the investment development. Indeed, there has been a considerable increase in foreign investment, but the capital flow among the member countries was and still is relatively small. The Visegrad countries should take advantage of the geographical proximity, cultural similarities and common interests to accelerate the economic development through the mutual economic cooperation.

3

Różnice kulturowe jako bariera podejmowania działalności zagranicznej przez polskie przedsiębiorstwa? Rozważania w świetle badań empirycznych

100%

Kuźmińska-Haberla A.

International Business and Global Economy

|

2014

|

vol. Volume 33

530–542

EN

The internationalization of production is getting more and more common among large Polish corporations, yet small and medium-sized enterprises rarely take the risk of conducting their operations on the international markets. Reasons for not taking actions abroad, especially in non-European countries, are very diverse. The purpose of this article is to attempt to answer the question whether cultural differences constitute a barrier for Polish companies to invest abroad, and if so, to what extent. Considerations have been carried out on the basis of empirical studies conducted on a group of Polish foreign investors. It turns out that Polish companies do not perceive cultural differences as a very significant barrier for international expansion. It should be noted, however, that the vast majority of businesses are still focused on European markets, culturally similar to Poland. In addition, the companies are not always aware of how cultural differences can affect their economic activities. Companies do not realize that a better understanding of partner’s culture can help avoid many problems and function more efficiently on the foreign market.

4

Miejsce bezpośrednich inwestycji zagranicznych w globalnej gospodarce

100%

Gutowski T.

Współczesna Gospodarka

|

2011

|

vol. 2

|

issue 1

23-28

EN

Foreign direct investment (FDI) plays an extraordinary and growing role in global business. It can provide a firm with new markets and marketing channels, cheaper production facilities, access to new technology, products, skills and financing. For a host country or the foreign firm which receives the investment, it can provide a source of new technologies, capital, processes, products, organizational technologies and management skills and as such can provide a strong impetus to economic development. The sea change in trade and investment policies and the regulatory environment globally in the past decade, including trade policy and tariff liberalization, easing of restrictions on foreign investment and acquisition in many nations, and the deregulation and privatization of many industries, has probably been the most significant catalyst for FDI’s expanded role.

5

Foreign direct investment and international trade across the former Soviet economies: What do we know after 30 years of research?

100%

Gurshev O.

Journal of Economics and Management

|

2023

|

vol. 45

290-318

EN

Aim/purpose - This paper surveys three decades of empirical literature on foreign direct investment (FDI) and international trade across the former Soviet economic space. In this survey, we outline the current state of research, discuss data limitations, and identify topics for further studies. Design/methodology/approach - The methodology used in this study is a systematic literature review. Multiple databases were searched, including Google Scholar, IDEAS (RePEc), JSTOR, Web of Science, and others. In total, 59 papers published between 1990 and 2023 were analyzed. Findings - Our findings are severalfold. First, we highlight severe data collection problems related to foreign equity and trade outside the Baltics, Ukraine, Russia, and some Central Asian Republics (CARs). As a result, we point out the limited availability of studies that use contemporary data and cover important economic events, such as the European accession of the Baltics, the formation of new preferential trade agreements, and economic re-integration centered around Russia, and Ukraine's political stability. Research implications/limitations - This study should assist researchers in identifying prospective research directions in postcommunist economic research. The main limitations of this survey are i) the total number of papers surveyed (59), ii) the focus on empirical studies, and iii) the specific geographical area considered. Originality/value/contribution - Despite the critical role of FDI and trade in transitional economies, plenty of relevant topics have remained undiscovered (e.g., the relationship between outward FDI and profit shifting). To the best of our knowledge, no systematic survey has been done on these two areas of research.

6

Ewaluacja modeli wzrostu gospodarek światowych – reset ekonomii

80%

Kowalska-Napora E.

Polonia Journal

|

2020

|

issue 11

189-210

EN

Market economies do not develop harmoniously. They are dealing with Fluctuations. In some periods markets are developing quickly, in some slowly, and In others they fall into recession. In this article, it was the subject of perception of KTN-BIZ by knowing its essence, features and importance in the information society, Resulting from social and economic changes. The purpose of this article is to point out the theoretical foundations of economic, environmental and social sustainability. Thanks to the knowledge and economic analysis it is possible to strike a balance Between these three issues.

7

Determinants of Foreign Direct Investment Performance – a Critical Literature Review

80%

Trąpczyński P.

Oeconomia Copernicana

|

2013

|

issue 2

117-132

EN

Foreign direct investment (FDI), its motives, modes and location choice constitute key subjects in theory and research in international business, due to their long-term consequences for firm competitiveness. The determinants of results achieved in foreign markets can therefore be described as a fundamental research area, which specifically includes studies on FDI performance. In spite of its long tradition and methodical advancement, extant research show numerous inconsist-encies and ambiguous findings. In both international and Polish literature, no complex summary of extant knowledge on FDI performance determinants can be found, which would allow for the consolidation and evaluation of earlier findings. The aim of this paper is to present the findings of a structured review of 95 studies on performance of foreign subsidiaries. Within extant studies, four main research streams were identified, focusing on FDI mode choice, resource determinants on a firm and subsidiary level, host-country characteristics and corporate strategy. Previous research has not adequately considered the role of expansion motives for evaluating FDI performance. Future studies should also to a greater extent account for a differentiated role of firm resources, particularly various types of international experience, as applied in host countries at different levels of economic and institutional development. Moreover, a more holistic FDI performance analysis requires a simultaneous consideration of financial and non-financial dimensions of a foreign subsidiary's competitive position. Based on the outcomes of the present review, areas for further studies have been proposed, especially as regards the context of outward FDI, increasingly undertaken by Polish companies, and its specific character.

8

Bezpośrednie inwestycje zagraniczne w polskiej gospodarce

80%

Gutowski T.

Współczesna Gospodarka

|

2013

|

vol. 4

|

issue 2

1-9

EN

Foreign Direct Investment (FDI) plays an extraordinary and increasingly important role in global and local business. This type of investment gives the country a better position to prepare for rapidly changing economic conditions. Considering the external effects of FDI, it should be assumed that the most important one is coinvolvement in the development of a country in which they are located. In the Polish economy the value of foreign direct investment is very high and it is one of the most important causes of the economic growth.

9

The Role of Foreign Direct Investment in Economic Growth. The Production Function Perspective

80%

Napiórkowski T. M.

Optimum. Studia Ekonomiczne

|

2017

|

vol. 5(89)

EN

Throughout the studies on the impact of foreign direct investment (FDI) on the economic growth of the host economy, there is a significant heterogeneity in terms of the results; not only between the theory and empirics, but also within empirics itself. The aim of this study is to explain the heterogeneity of results of the previous studies on the benefits of hosting FDI. This work uses the topic-relevant literature to present the key benefits of inward FDI, which are then translated into a mathematical model, which the direct and indirect benefits are derived from and differentiated between. Firstly, this work develops a production function including the key direct and indirect effects of hosting FDI in order to (through the proof of endogenization of FDI) show that a simple inclusion of FDI as the next (usually along with capital and labor) factor of growth may lead to spurious and, therefore, inconsistent results. Secondly, the study introduces the Foreign Direct Investment Benefits Absorption Path, which due to its classification of host economies into four distinctive groups, differentiating between direct and indirect benefits of FDI, and showing their different ways of impacting the host’s economy provides a unique insight into the topic of heterogeneity of results on the impact of hosting FDI. It also provides a blueprint for further research into this topic. Lastly, the Foreign Direct Investment Benefits Absorption Path is used to develop FDI-related strategies aimed at increasing the economic growth of host countries.

10

Uwarunkowania sytuacji finansowej przedsiębiorstw z udziałem kapitału zagranicznego w Polsce w latach 2010-2015

80%

Hybel J.

Zeszyty Naukowe PWSZ w Płocku. Nauki Ekonomiczne

|

2017

|

vol. 1(25)

9-25

PL

Celem opracowania jest próba oceny sytuacji finansowej przedsiębiorstw z kapitałem zagranicznym w Polsce w latach 2010-2015. Przedstawiono najpierw zmiany w dynamice BIZ, ich rozmieszczenie oraz formy napływu. Następnie zbadano rolę BIZ w tworzeniu miejsc pracy i w rozwoju eksportu i importu. Wykonano analizę porównawczą sytuacji finansowej przedsiębiorstw z kapitałem zagranicznym na tle ogółu przedsiębiorstw z kapitałem krajowym Wyniki analizy potwierdziły wyższą efektywność przedsiębiorstw z udziałem kapitału zagranicznego, mierzoną wielkością zysku, wskaźnikami zatrudnienia i wydajności pracy, rentowności i płynności finansowej.

EN

The aim of the study is an attempt to assess the financial situation of enterprises with foreign capital in Poland in 2010-2015. The paper presents changes in the dynamics of FDI, their distribution and forms of inflow. The role of FDI in job creation and the development of exports and imports has also been explored. The paper presents the results of a comparative analysis of the financial situation of enterprises with foreign capital against the background of the total number of enterprises with national capital. The results of the analysis showed that companies with foreign capital get better results as measured by profit, employment rates and labor productivity, profitability and financial liquidity. Słowa kluczowe: kapitał zagraniczny, bezpośrednie inwestycje zagraniczne, kapitał podstawowy, spółka z kapitałem zagranicznym

11

The impact of foreign direct investment and venture capital investment on entrepreneurship in the Republic of Serbia

80%

Jolović I., Lošonc A.

Eastern Review

|

2019

|

vol. 8

67-86

EN

The subject of the research is the examination of features and significance of two modern types of investment intended for financing entrepreneurship: that is, foreign direct investment and venture capital investment. The starting point of the study is the sector of small and medium-sized enterprises and entrepreneurs with all the challenges and opportunities that characterize its financial position in the Republic of Serbia. The aim of this research is to analyse the impact of both direct investment and entrepreneurial capital investment on small businesses, or more precisely, to examine the influence of foreign direct investment and venture capital investment on entrepreneurship. This paper focuses on the impact that these types of financing have on management, financial stability, and the performance of the relevant business entities. Furthermore, the current situation and perspectives of these types of financing are analysed in detail. The aim of this paper is to provide insight into the effects that foreign direct and venture capital investments have on Serbian small and medium-sized enterprises and the entrepreneurial sector, as well as to point to what is currently the more favourable solution for the financing problem with which these entities are faced. The following methods are used for the preparation of this paper: a detailed analysis of the content of European and national statistical reports; available national and foreign literature of international and domestic authors in the field of foreign direct investment, venture capital investment and entrepreneurship; descriptive and comparative methods.

12

Historical Legacies and Foreign Direct Investment in Bosnia and Herzegovina

80%

Deichmann J.

South East European Journal of Economics and Business

|

2012

|

vol. 7

|

issue 1

7-18

EN

This paper examines the origins of foreign direct investment (FDI) in Bosnia and Herzegovina (BiH) with special reference to historical legacies. BiH is a very interesting case because of its position on the frontier of Europe, a region with a rich cultural history marked by alternating periods of coexistence and violence. Because the country has spent time under the Ottoman, Austro-Hungarian, and Yugoslav flags, particular attention is paid to the role of history in impacting inflows of FDI. Five models are specified using various dependent variables to measure FDI, and all uphold the importance of historical legacies and cultural proximity. Equally interesting is the absence of significance among traditional gravity variables in this unique investment landscape. Policy implications include the need for government to assist firms in overcoming concern about instability, corruption, and a complex permitting process. As little has been published on FDI in BiH, future research suggestions are presented.

13

The Role of Foreign Capital Invested in the Form of Foreign Direct Investment in the Economy of the Opolskie Voivodship in the Years 1990–2015

80%

Bernat M.

Barometr Regionalny. Analizy i prognozy

|

2016

|

issue 1(43)

43-51

EN

The article provides an assessment of the role of FDI in the regional economy based on the levels of economic efficiency: structural changes of the economy, economic stimulating activity, employment, modernization of the production apparatus and exchange with foreign countries. The following considerations seek to answer the questions to what extent has FDI become a catalyst for economic growth in the region and has it been a tool for benefiting the investors. The author drew attention to the effects generated by foreign companies in the domestic environment and their response to the global economic crisis.

PL

Artykuł zawiera ocenę roli bezpośrednich inwestycji zagranicznych (BIZ) w regionalnej gospodarce w podstawowych płaszczyznach efektywności ekonomicznej: zmianach strukturalnych w gospodarce, pobudzaniu aktywności ekonomicznej, zatrudnieniu, modernizacji aparatu wytwórczego oraz wymiany z zagranicą. Rozważania zmierzają do odpowiedzi na pytanie: na ile zjawisko to stało się katalizatorem wzrostu gospodarczego w regionie, na ile zaś było wyłącznie instrumentem realizacji korzyści inwestorów? Autorka zwróciła uwagę na efekty generowane przez przedsiębiorstwa zagraniczne w krajowym otoczeniu oraz ich reakcję na kryzys światowy rozpoczęty w 2008 r.

14

Do tax incentives matter for investment? A literature review

80%

Munongo S., Akanbi O. A., Robinson Z.

Business and Economic Horizons

|

2017

|

vol. Volume 13

|

issue Issue 2

152-168

EN

The effectiveness of tax incentives in attracting FDI remains one of the unsettled concepts in public finance. The importance of tax incentives in attraction of internationally mobile capital differs with the jurisdiction of the study and the methodology used in drawing conclusions. This study in reviewing both theoretical and empirical literature seeks to establish the merits and demerits of tax incentives. This is because though they receive a lot of criticism tax incentives continue to be used in most economies. Most of the empirical studies that this study explored concluded that though tax incentives might be important in attracting FDI they are more effective when combined with other non-tax factors. Macroeconomic conditions, infrastructure and strong institutions were found to be important non-tax factors that improve the attractiveness of an economy to FDI. The major weaknesses of using taxes in attracting FDI were discussed using the tax competition and tax harmonisation framework. Here it was noted that the use of tax incentives to attract FDI might improve the welfare of individuals in the jurisdiction that apply the incentives, but have external cost implications for residents in other competing jurisdictions that do not adopt tax incentives.

80%

Belniak M.

Prace Komisji Geografii Przemysłu Polskiego Towarzystwa Geograficznego

|

2016

|

vol. Volume 30, Issue 1

30-46

EN

For many years, the analysis of the factors of the internationalisation of firms has been a research topic, both in the area of international business theory – in management studies, and in firm internationalisation theory – in economics. The paper presents the diagnosis of the state of the internationalisation of firms conducting their activities in Małopolska Voivodeship, carried out on the basis of available government and self-government statistics. The author makes an assessment and partial evaluation of the situation from the angle of the adopted determinants, such as: an analysis of foreign trade turnover, an analysis of foreign direct investment and an analysis of business process outsourcing. The paper presents the profile of the economic activeness of Małopolska Region against the investment attractiveness of voivodeships in Poland, an authorial typogram of the economic potential of Małopolska Region against the background of the country, as well as the investment attractiveness of this region for investors, alongside the factors shaping it, considering seven major determinants.

Refine search results