Polish foreign direct investments in the light of the investment development path paradigm
Polish foreign direct investments in the light of the investment development path paradigm
Author(s): Maciej Frąszczak, Dorota CiesielskaSubject(s): Economy
Published by: Wydawnictwo Uniwersytetu Ekonomicznego we Wrocławiu
Keywords: Investment Development Path paradigm; Foreign Direct Investment; OFDI; IFDI; internationalization
Summary/Abstract: According to the Investment Development Path paradigm (IDP), Poland is moving forward through the stages of internationalization, resulting in the growing value of Polish Outward Foreign Direct Investments (OFDI). Their stock has risen dynamically from EUR 1 904 million in 2000 to EUR 43 644 million in 2012. This new phenomenon reflects the desire of many Polish companies to strengthen their position in the regional, more distant markets, as well as to gain access to resources that they are lacking. The aim of this study is to present the current characteristic of Polish OFDI in the light of the IDP paradigm during the period 1996-2012. The analysis was performed taking into account the trends and patterns in other CEE countries. In the first part of the paper the results of the literature review as well as the theoretical framework for the IDP concept are presented. The second part of the article is devoted to an empirical analysis of the Polish OFDI and IDP of Poland which is based on the macro data from the period 1996-2012.
Journal: Prace Naukowe Uniwersytetu Ekonomicznego we Wrocławiu
- Issue Year: 2014
- Issue No: 365
- Page Range: 21-40
- Page Count: 20