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MANAGEMENT OF FOREIGN DIRECT INVESTMENT IN TERMS OF ITS REGIONAL LOCALIZATION IN SLOVAKIA

CBU International Conference on Innovation in Science and Education

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Title MANAGEMENT OF FOREIGN DIRECT INVESTMENT IN TERMS OF ITS REGIONAL LOCALIZATION IN SLOVAKIA
 
Creator Kotulič, Rastislav; University of Prešov in Prešov, Slovakia
Adamišin, Peter; University of Prešov in Prešov, Slovakia
Kravčáková Vozárová, Ivana; University of Prešov in Prešov, Slovakia
 
Subject foreign direct investment, FDI, economic growth, NUTS III region, Slovakia
 
Description The phenomenon of globalization had resulted in strengthening of the international capital movement in the 1990s, which led to an intensive retraction of small and open economies into the globalization process.  The foreign direct investment (FDI) has since gained its importance, especially in the area of local and regional development.  Its positive impact is reflected at the local, as well as at the national level.  FDI is the means of ensuring technology transfer, increasing employment, as well as improving the quality of the workforce.The aim of this article is to assess the stock of foreign direct investment and its localization in the Slovak regions at NUTS III level.  From the content perspective, the article analyzes the economic development of the Slovak region by region, based on the stock of FDI, by using models from neoclassical theory of regional development for the period from 1999 to 2009.  We assumed that the different regional stock of foreign direct investment would have a significant impact on the economic differentiation of the regions in the Slovak Republic.  This analysis confirmed our assumption.
 
Publisher Central Bohemia University, o.p.s.
 
Contributor This contribution was supported by the project VEGA 1/0541/11 and KEGA 032PU-4/2013.
 
Date 2014-07-01
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion

 
Format application/pdf
 
Identifier http://ojs.journals.cz/index.php/CBUConference2013/article/view/444
10.12955/cbup.v2.444
 
Source CBU International Conference Proceedings; Vol 2 (2014): CBU International Conference Proceedings 2014; pp. 43-49
1805-9961
1805-997X
 
Language eng
 
Relation http://ojs.journals.cz/index.php/CBUConference2013/article/view/444/435
 
Rights Copyright (c) 2014 Rastislav Kotulič, Peter Adamišin, Ivana Kravčáková Vozárová
https://creativecommons.org/licenses/by/3.0/