MOTYWY POLSKICH INWESTYCJI BEZPOŚREDNICH – PRZYKŁAD PRZEDSIĘBIORSTW Z WOJEWÓDZTWA ŁÓDZKIEGO
MOTIVES OF POLAND’S OFDI. EXAMPLE OF ENTERPRISES FROM LODZ REGION
Author(s): Bogdan Buczkowski, Anetta Kuna-MarszałekSubject(s): Economy, Geography, Regional studies, Economic policy, International relations/trade
Published by: Wydawnictwo Naukowe Uniwersytetu Szczecińskiego
Keywords: Polish OFDI; motives of internationalization; Lodz voivodship;
Summary/Abstract: In this paper we examine the determinants of the Polish outward foreign direct investment at a regional level. Using survey data from a questionnaire that was conducted in the years 2012–2014, we show that traditional market-related determinants act as the main drivers for the outward FDI of the Lodz region. Much less important are cost and resource related motives while political (administrative and legal) determinants alongside the risk related ones are of little importance in making decisions on FDI. This can be explained by trade related nature of the Lodz region OFDI and step wise involvement of the companies in the process of internationalization that is preceded by the success on the domestic market and starts usually from export activities, and only after collecting adequate resources, companies invest in well-known and close markets.
Journal: Studia i Prace WNEIZ US
- Issue Year: 2015
- Issue No: 41/2
- Page Range: 121-133
- Page Count: 13
- Language: Polish