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Government Incentives and FDI inflow into R&D – The Case of Visegrad Countries

Entrepreneurial Business and Economics Review

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Title Government Incentives and FDI inflow into R&D – The Case of Visegrad Countries
 
Creator OWCZARCZUK, Magdalena; University of Bialystok
 
Subject
R&D;policy incentives; FDI; investment promotion agencies; V4
F21; F23;O31; O38;R38
 
Description The aim of this article is to identify and compare the efforts of the Visegrad countries in order to attract more foreign capital to the R&D sector.The study is based on the Eurostat’s and OECD’s data.  Considerations about government incentives are based on information gathered by individual foreign investment promotion agencies. The countries included the study are the following: Czech Republic, Hungary, Slovakia and Poland.The countries of the Visegrad Group are perfect example of competition in attracting  foreign  investors.  In  these  countries  a  dynamic  growth  of  foreign participation in the financing of research and development, as well as a growing number of emerging international research centres has been observed. Among the many conditions that shape the investment environment and inflow of investment, the public R&D support is seen as a major factor.Inflows of foreign direct investment in research and development has increased substantially during the last years. In the recent years increased competition  can  be  observed  among  different  countries  in  attempt  for providing  attractive  conditions  for  potential  foreign  investors  in  research  and development (R&D) sector.The role of governmental policies is important to build an economic, institutional and business environment to attract foreign investors and their R&D activities. The analysis suggests that investment incentives introduced by Visegrad countries are not sufficient for FDI inflows to the R&D.
 
Publisher Cracow University of Economics
 
Contributor
 
Date 2013-06-10
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
research paper
 
Format application/pdf
 
Identifier http://www.eber.uek.krakow.pl/index.php/eber/article/view/14
10.15678/EBER.2013.010207
 
Source Entrepreneurial Business and Economics Review; Vol 1, No 2 (2013): Modern Challenges for International Business in Europe; 73-86
2353-8821
2353-883X
 
Language eng
 
Relation http://www.eber.uek.krakow.pl/index.php/eber/article/view/14/14
 
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