Direct Foreign Investments as Strategic Potential for International Competitiveness (Polish & Georgian case)
Direct Foreign Investments as Strategic Potential for International Competitiveness (Polish & Georgian case)

Summary/Abstract: Research background: Foreign direct investments is an effective tool of transferring and implementing new technologies. As a rule, it provides advanced knowledge in product processing methods, product packaging and design, communication technologies and also in market development and elaborating strategy. These production resources and streams are usually accompanied by investments that provide sustainability of projects and enable the dynamic use of technical innovations. Technological transfer is accompanied by the continuous initiatives of foreign investors which are focused on the development of human resources by this particular country and expressed in the trainings of supportive facilitation of the increase in labor productivity of local workforce, modern management practices and introduction of various organizational innovations. Purpose of the article: The aim of the following article is the attempt to define the directions of the changes of foreign direct investments in the context of the accession of Poland to EU as well as Georgia. The article deals with foreign direct investments (FDI) as the strategic potential of growth of international competitiveness. The scale of the economic benefits associated with the influx of FDI, in the long run, is determined by the size and structure of the investments undertaken by operators. The companies with foreign capital shares allocate partially economized income into investments which increase their production and service potential. The growth of the level of foreign investments forces, in turn, the improvement of the national infrastructure, however the investors themselves contribute to the rise of its level as well.

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