IDEAS home Printed from https://ideas.repec.org/a/krk/eberjl/v1y2013i3p71-85.html
   My bibliography  Save this article

Business Opportunities in India for Polish Entrepreneurs

Author

Listed:
  • Oskar Patnaik

    (Cracow University of Economics)

Abstract

The objective of this paper is to evaluate attractiveness of Indian market and to assess the gap between potential profit opportunities and the current value of Polish exports to India. It was decided to conduct empirical analysis based on secondary research where data is collected from the World Bank and by the Ministry of Commerce and Industry of India. SWOT analysis has been carried out to identify future steps for businesses planning to achieve success on the Indian market. Although investment decisions are made upon evaluation of the economic profits and factors such as size of the market, level of competition, cost effectiveness, and market potential value, the geographical distance, new environment, adaptation costs and ease of doing business are the negative factors and the main obstacles in exploring Indian market by Polish companies. It is recommended to create a more effective investment promotion mechanism and to advertise the business potential that lies within the Indian market with regard to increasing liberalization and to rapid growth that implicates huge demand on import of certain goods and direct investments. The originality of this work lies in in-depth analysis of key aspects of Polish investment on Indian market, revealing the conservative attitude of Polish entrepreneurs towards Indo-Polish trade cooperation.

Suggested Citation

  • Oskar Patnaik, 2013. "Business Opportunities in India for Polish Entrepreneurs," Entrepreneurial Business and Economics Review, Centre for Strategic and International Entrepreneurship at the Cracow University of Economics., vol. 1(3), pages 71-85.
    • Handle: RePEc:krk:eberjl:v:1:y:2013:i:3:p:71-85
    as

    Download full text from publisher

    File URL: http://eber.uek.krakow.pl/index.php/eber/article/download/20/23
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. World Bank & International Finance Corporation, "undated". "Doing Business Economy Profile 2013," World Bank Publications - Reports 27058, The World Bank Group.
    2. Krzysztof Wach, 2013. "Editorial: Global Opportunities and Local Businesses," Entrepreneurial Business and Economics Review, Centre for Strategic and International Entrepreneurship at the Cracow University of Economics., vol. 1(1), pages 5-6.
    3. World Bank & International Finance Corporation, "undated". "Doing Business Economy Profile 2013," World Bank Publications - Reports 27057, The World Bank Group.
    4. Raymond Vernon, 1966. "International Investment and International Trade in the Product Cycle," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 80(2), pages 190-207.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Krzysztof Wach, 2014. "Editorial: FDI in Central Europe," Entrepreneurial Business and Economics Review, Centre for Strategic and International Entrepreneurship at the Cracow University of Economics., vol. 2(3), pages 5-6.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Diao, Xinshen & Bahiigwa, Godfrey & Pradesha, Angga, 2014. "The role of agriculture in the fast-growing Rwandan economy: Assessing growth alternatives:," IFPRI discussion papers 1363, International Food Policy Research Institute (IFPRI).
    2. Chen, Hung-Ju, 2019. "Innovation and FDI: Does the Target of Intellectual Property Rights Matter?," MPRA Paper 94692, University Library of Munich, Germany.
    3. Iamsiraroj, Sasi, 2016. "The foreign direct investment–economic growth nexus," International Review of Economics & Finance, Elsevier, vol. 42(C), pages 116-133.
    4. Jan Fagerberg & Martin Srholec, 2017. "Global Dynamics, Capabilities and the Crisis," Economic Complexity and Evolution, in: Andreas Pyka & Uwe Cantner (ed.), Foundations of Economic Change, pages 83-106, Springer.
    5. Jani Bekő, 2003. "Causality between exports and economic growth: empirical estimates for slovenia," Prague Economic Papers, Prague University of Economics and Business, vol. 2003(2), pages 169-186.
    6. Morris, Sebastian, 2007. "Agriculture: A Perspective from History, the Metrics of Comparative Advantage, and Limitations of the Market to Understand the Role of State in a Globalising World," IIMA Working Papers WP2007-02-02, Indian Institute of Management Ahmedabad, Research and Publication Department.
    7. Robert Z. Lawrence & Lawrence Edward, 2010. "Do Developed and Developing Countries Compete Head to Head in High Tech?," Working Paper Series WP10-8, Peterson Institute for International Economics.
    8. R. B. Radin Firdaus & Osman Mohamad & Taufik Mohammad & Mahinda Senevi Gunaratne, 2020. "Community Partnership Through Knowledge Transfer Program: Assessment From the Perspectives of Academics’ Experience," SAGE Open, , vol. 10(4), pages 21582440209, December.
    9. Nagesh Kumar, 1998. "Multinational enterprises, regional economic integration, and export-platform production in the host countries: An empirical analysis for the US and Japanese corporations," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 134(3), pages 450-483, September.
    10. Kox, Henk L.M. & Leeuwen, George van & Wiel, Henry van der, 2010. "Competitive, but too small - productivity and entry-exit determinants in European business services," MPRA Paper 24389, University Library of Munich, Germany.
    11. Yuichi Furukawa & Taro Akiyama, 2006. "Innovation, standardization, and imitation in the product cycle model," Economics Bulletin, AccessEcon, vol. 6(13), pages 1-10.
    12. Martin Henning & Hans Westlund & Kerstin Enflo, 2023. "Urban–rural population changes and spatial inequalities in Sweden," Regional Science Policy & Practice, Wiley Blackwell, vol. 15(4), pages 878-892, May.
    13. Richard Harris & John Moffat, 2011. "R&D, Innovation and Exporting," SERC Discussion Papers 0073, Centre for Economic Performance, LSE.
    14. Matthias Firgo & Peter Mayerhofer, 2015. "Wissens-Spillovers und regionale Entwicklung - welche strukturpolitische Ausrichtung optimiert des Wachstum?," Working Paper Reihe der AK Wien - Materialien zu Wirtschaft und Gesellschaft 144, Kammer für Arbeiter und Angestellte für Wien, Abteilung Wirtschaftswissenschaft und Statistik.
    15. Westhead, Paul & Wright, Mike & Ucbasaran, Deniz, 2001. "The internationalization of new and small firms: A resource-based view," Journal of Business Venturing, Elsevier, vol. 16(4), pages 333-358, July.
    16. Tavassoli, Sam, 2015. "Innovation determinants over industry life cycle," Technological Forecasting and Social Change, Elsevier, vol. 91(C), pages 18-32.
    17. Andrea Coveri & Antonello Zanfei, 2023. "Who wins the race for knowledge-based competitiveness? Comparing European and North American FDI patterns," The Journal of Technology Transfer, Springer, vol. 48(1), pages 292-330, February.
    18. Beschorner, Patrick Frank Ernst, 2008. "Do Shorter Product Cycles Induce Patent Thickets?," ZEW Discussion Papers 08-098, ZEW - Leibniz Centre for European Economic Research.
    19. Szalavetz, Andrea, 2002. "Az informatikai szektor és a felzárkózó gazdaságok [The informatics sector and the advancing economies]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(9), pages 794-804.
    20. repec:use:tkiwps:1818 is not listed on IDEAS
    21. Daron Acemoglu & Fabrizio Zilibotti, 2001. "Productivity Differences," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 116(2), pages 563-606.

    More about this item

    Keywords

    Internationalisation; India; Poland; trade;
    All these keywords.

    JEL classification:

    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:krk:eberjl:v:1:y:2013:i:3:p:71-85. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Piotr Stanek, PhD. (email available below). General contact details of provider: https://edirc.repec.org/data/aekrapl.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.