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The Importance Of Different Types Of Companies With Foreign Capital For Economic Development

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  • CEAUSESCU IONUT

    (FACULTY OF ECONOMIC SCIENCE, CONSTANTIN BRANCUSI UNIVERSITY OF TARGU-JIU)

Abstract

The process of globalization of economic relations international, in particular capital investments, it is accompanied by a multitude of forms of cooperation technology between firms. Globalization means, first of all, communications, computer science, economy based on information and knowledge, innovations, free circulation of capital flows and the expansion of markets. The answer of a firm or of the economy in the global competition requires flexibility, innovation and learning continue, networking (in the network) and the investment in the image of the brand. The response of a state to the demands of the global market, consists in transferring technology and attracting foreign investment by creating a favorable business climate. An attractive business environment for investors requires a consistent system of facilities on which to base a medium to long-term business plan. We propose that, within this short study, we should carry out a radiography of the main types of foreign-owned companies that contribute to the economic growth process and, implicitly, long-term to the economic development.

Suggested Citation

  • Ceausescu Ionut, 2017. "The Importance Of Different Types Of Companies With Foreign Capital For Economic Development," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 4, pages 286-291, August.
    • Handle: RePEc:cbu:jrnlec:y:2017:v:4:p:286-291
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    1. Paul Bogdan Zamfir, 2017. "Reflections On Romania'S Trade With Eu During The Period 2007-2015," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 1, pages 170-175, February.
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