Naslov
Foreign Direct Investment in Croatia: From FDI Policy to its Impact on Local Business

Autori
Derado, Dražen ; Rakušić, Spomenka ; Škudar, Alen

Vrsta, podvrsta i kategorija rada
Sažeci sa skupova, sažetak, ostalo

Izvornik
4th International Conference: An Enterprise Odyssey: Tourism - Governance and Entrepreneurship Proceedings: Book of Abstracts & CD ROM with full papers / Galetić, Lovorka ; Čavlek, Nevenka - Zagreb : Ekonomski fakultet Sveučilišta u Zagrebu, 2008, 17-18

ISBN
953-6025-23-X

Skup
4th International Conference: An Enterprise Odyssey: Tourism - Governance and Entrepreneurship

Mjesto i datum
Cavtat, Hrvatska, 11.06.2008. - 14.06.2008

Vrsta sudjelovanja
Predavanje

Vrsta recenzije
Međunarodna recenzija

Ključne riječi
FDI-policy; spillover effects; productivity; MNE; regional approach

Sažetak
As an important source of capital accumulation and transfer of technology, FDIs represent nowadays a significant factor in economic development and restructuring of the less developed, and transition economies in particular. However, much of the benefits which 'spill over' from foreign to local companies depend upon domestic economy's absorption capacity, i.e. the ability to exploit the MNEs-ownership advantages. Despite the lack of unanimous opinion on conditions of spillover creation, many empirical studies have confirmed positive impact of foreign presence on local companies. However, due to economic policy measures which did not recognise the real (indirect and long term) benefits of FDIs, Croatia failed to achieve significant spillover effects and speed up company' restructuring. Therefore, in order to become one of the most attractive FDI-locations with strong spillovers Croatia should position itself as a well-regulated business environment offering high quality soft business infrastructure with strong emphasis on R&D, innovation and highly qualified labour force.

Izvorni jezik
Engleski

Znanstvena područja
Ekonomija

POVEZANOST RADA