CONTRIBUTION OF FOREIGN DIRECT INVESTMENT FOR THE REGION DEVELOPMENT

Katarína Čulková and Katarína Teplická
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Katarína Čulková: TECHNICAL UNIVERSITY KOŠICE, SLOVAKIA
Katarína Teplická: TECHNICAL UNIVERSITY KOŠICE, SLOVAKIA

Annals - Economy Series, 2013, vol. 1, 19-27

Abstract: Foreign direct investments contribute to the important solving of the economical growth and regional development and it presents part of the state’s effort to increase living level of the state. Slovakia government is motivated to support any foreign investment and it competes for such investments with other transforming countries. Goal of the contribution is to provide idea about main factors that influence inflow of the foreign investments to the individual regions of Slovakia and to evaluate their contribution through characteristics and main determinants of the foreign investments. Only through careful choice can Slovakia obtain successfully investors that would come to the country with production, research and development since in modern economy we cannot be competitive without such activities, neither in regional, nor in the international level.

Keywords: foreign direct investment; region development; regional policy; international business (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:cbu:jrnlec:y:2013:v:1:p:19-27

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