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Indian companies’ technological investments in the EU with a special focus on Central and Eastern Europe

Tamas Gerocs ()
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Tamas Gerocs: Institute of World Economics, Centre for Economic and Regional Studies, Hungarian Academy of Sciences

No 248, IWE Working Papers from Institute for World Economics - Centre for Economic and Regional Studies

Abstract: India is one of the fastest growing economies in the world whose global share in “outward foreign direct investment” (OFDI) among the developing countries increased from a low level to second only to China. It has not only been a spectacular rise in Indian overseas investment activity, but the nature and the structure of Indian OFDI have also changed in the last decades. In the following paper we will examine the reasons and driving forces behind this spectacular rise, concentrating mostly on those host country characteristics that are the pull factors in attracting Indian investments. We follow the most recent literature on global value-chain specialization as much of Indian outward foreign investment is following a technology-seeking strategy currently. We choose Central and Eastern Europe as our case study because the region combines attributions of both advanced and developing countries in attracting Indian investment.

Keywords: Central and Eastern Europe; technology-seeking investment; India; OFDI; internationalization; global value chains; production system; global contender; absorptive capacity; medium-tech manufacturing; level of productivity; R&D (search for similar items in EconPapers)
JEL-codes: F14 F23 F63 H63 L22 (search for similar items in EconPapers)
Pages: 57 pages
Date: 2018-11
New Economics Papers: this item is included in nep-int, nep-sbm and nep-tra
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