Analytical network process based on BOCR analysis as an approach for designing a foreign direct investment policy

Agnė Šimelytė, Kęstutis Peleckis and Renata Korsakienė

Journal of Business Economics and Management, 2014, vol. 15, issue 5, 833-852

Abstract: Foreign direct investment is significantly important for the emerging market countries or countries in transition. Scientific literature provides plenty of evidence that FDI may have both negative and positive influence on economic growth. However, research proves that just specific type of FDI may bring benefit to the host country. Thus, a targeted FDI policy is essential for directing foreign capital into problematic business areas or regions. The goal of the article is to propose a complex targeted FDI policy, the employment of which would give benefits to the host country and achieve its strategic goals. Benefit-opportunities-costs-risks analysis and analytic network process method are used for the empirical research. Final results reveal that Lithuania, attracting FDI into research and development area, gains great benefits and exploits opportunities. At the same time, the highest costs might be generated while implementing a FDI policy in this area. A FDI policy towards service sectors would cause the least amount of risks. These results are significant for academics as the basis for further research, and decisions-makers as guidance for the development of the national FDI policy.

Date: 2014
References: Add references at CitEc
Citations:

Downloads: (external link)
http://hdl.handle.net/10.3846/16111699.2014.976836 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:taf:jbemgt:v:15:y:2014:i:5:p:833-852

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/TBEM20

DOI: 10.3846/16111699.2014.976836

Access Statistics for this article

Journal of Business Economics and Management is currently edited by Izolda Joksiene, Romualdas Ginevicius and Ieva Meidute

More articles in Journal of Business Economics and Management from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().