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Review Of Fdi Theory In The Knowledge–Intensive Economy

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  • £ukasz Cywiñski

    ()
    (University of Information Technology and Mangement in Rzeszow)

  • Ruslan Harasym

    ()
    (University of Information Technology and Mangement in Rzeszow)

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    Abstract

    International flow of capital in the form of Foreign Direct Investment (FDI) is considered to be the primary form of capital transfer in the global economy. It plays an important role among other forms of international capital flows, due to the intensity of its streams and its strength of impact on local economies. Host countries use FDI to finance activities such as industry restructuring and transfer of technology. The aim of this paper is to present current achievements in the field of theoretical explanations of FDI – its main motives. The article relates also to current selected trends in FDI flows during the economic downturn caused by the recent financial crisis. Above all ,however, this paper aims at showing FDI theories in terms of a knowledge intensive economy.

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    File URL: http://www.e-finanse.com/artykuly_eng/231.pdf
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    Bibliographic Info

    Article provided by University of Information Technology and Management, Institute of Financial Research and Analysis in its journal e-Finanse.

    Volume (Year): 8 (2012)
    Issue (Month): 4 (February)
    Pages: 1-14

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    Handle: RePEc:rze:efinan:v:8:y:2012:i:4:p:1-14

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    Related research

    Keywords: Foreign Direct Investment (FDI); theories of FDI; knowledge-intensive economy; MNEs Least Squares Method;

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    1. Caves, Richard E, 1971. "International Corporations: The Industrial Economics of Foreign Investment," Economica, London School of Economics and Political Science, London School of Economics and Political Science, vol. 38(149), pages 1-27, February.
    2. Kojima, Kiyoshi, 1973. "A Macroeconomic Approach to Foreign Direct Investment," Hitotsubashi Journal of Economics, Hitotsubashi University, Hitotsubashi University, vol. 14(1), pages 1-21, June.
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