THE IMPACT OF FOREIGN DIRECT INVESTMEN (FDI) ON DOMESTIC FIRM'S PRODUCT AND SERVICE QUALITY IN CZECH REPUBLIC
THE IMPACT OF FOREIGN DIRECT INVESTMEN (FDI) ON DOMESTIC FIRM'S PRODUCT AND SERVICE QUALITY IN CZECH REPUBLIC

Summary/Abstract: This paper analyze the effect of foreign direct investment on the growth and survival of domestic firms quality product and service especially, and the effect of FDI on the overall economy of Czech Republic. Foreign investment brings technology spillover for the domestic firms and helps them to improve the quality of the goods they produce. In addition, numerical statistics shows that there is a positive relation between FDI and most of the macro economic variables like (export, wages and GDP), which means inflowing FDI to Czech economy increased most of these macro variables.

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