The impact of Foreign Direct Investment on Innovation development and Technology transfer. The Influence of Coronavirus (COVID-19) crisis on economic growth. Evidence from transition economies
Absztrakt
The environment of FDI is diversifying from country to country as well as between different sectors. There were many arguments about the level of impact of FDI for transition economies, where finally the empirical studies establishes a positive correlation of FDI and the country's economic growth. FDI growth is mostly described as being motivated by the process of economic liberalization and the reduction of barriers to FDI entry. It still remains as the primary source of technology and innovation development transfer, where many factors can influence the level of inflow. The study discussed the relative possibilities and economic issues that the current COVID-19 pandemic brings to new technologies, growing economies and sustainability.
Leírás
Kulcsszavak
Innovation, Technology transfer, Economic growth, Foreign Direct investment, Covid-19