Title:	Potential of the Czech business environment assumes the effects of foreign direct investment
Authors:	Kotíková, Sylvie
Citation:	E+M. Ekonomie a Management = Economics and Management. 2019, roč. 22, č. 4, s. 18-35.
Issue Date:	2019
Publisher:	Technická univerzita v Liberci
Document type:	článek article
URI:	http://hdl.handle.net/11025/36041
ISSN:	2336-5604 (Online) 1212-3609 (Print)
Keywords:	přímé zahraniční investice;zahraniční přítomnost;produktivita práce;technologická mezera
Keywords in different language:	foreign direct investment;foreign presence;labour productivity;technology gap
Abstract in different language:	As a consequence of political changes, the process of transitioning a centrally controlled economy to a market economy has influenced the development processes of the states in which this transformation has occurred (Hlaváček & Bal-Domanska, 2016). It was expected that the entry of foreign investors would bring an inflow of capital, new investment, export potential, and technological transfer (Estrin et al., 2009; Rapacki & Prochniak, 2009). Foreign direct investment (FDI) is generally considered to be the contribution of holders of know-how, technology, new management methods and skills, initiators of innovation activities, strategic employers, and exporters. FDI can lead to economic growth, changes in the business or institutional environment, restructuring of the economy and, ideally, also to the increase of labour productivity in the host region and the improvement of macroeconomic indicators (Damborský, 2013). Moreover, for transition economies, FDI is the key indicator for evaluating their economic transformation (Starzyczná, 2010). FDI in the Czech Republic, and in transition economies in general, is regarded as a crucial criterion for a successful economic transformation (Hlaváček & Bal-Domanska, 2016).
Rights:	CC BY-NC 4.0
Appears in Collections:	Číslo 4 (2019) Číslo 4 (2019)

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