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Scientific paper - Original scientific paper
WHAT IMPACTS FDI IN EU?
In: 10th International Scientific Symposium Region, Entrepreneurship, Development RED 2021. / Leko Šimić, Mirna; Crnković, Boris (Ed.). Josip Juraj Strossmayer University of Osijek, Faculty of Economics in Osijek, Croatia, 2021. pp. 592-606. urn:nbn:hr:192:254946
Bezić, Heri; Galović, Tomislav; Balaž, Davorin

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Bezić, H., Galović, T. & Balaž, D. (2021). WHAT IMPACTS FDI IN EU?. In M. Leko Šimić, (Ed.), B. Crnković, (Ed.), 10th International Scientific Symposium Region, Entrepreneurship, Development RED 2021 (pp. 592-606). Josip Juraj Strossmayer University of Osijek, Faculty of Economics in Osijek, Croatia. Retrieved from https://urn.nsk.hr/urn:nbn:hr:192:254946

Bezić, Heri, et al. "WHAT IMPACTS FDI IN EU?." 10th International Scientific Symposium Region, Entrepreneurship, Development RED 2021, edited by Mirna Leko Šimić, edited by Boris Crnković, Josip Juraj Strossmayer University of Osijek, Faculty of Economics in Osijek, Croatia, 2021, pp. 592-606. https://urn.nsk.hr/urn:nbn:hr:192:254946

Bezić, Heri, Tomislav Galović and Davorin Balaž. "WHAT IMPACTS FDI IN EU?." In 10th International Scientific Symposium Region, Entrepreneurship, Development RED 2021, 592-606. Josip Juraj Strossmayer University of Osijek, Faculty of Economics in Osijek, Croatia, 2021. Accessed 2025 April 01. https://urn.nsk.hr/urn:nbn:hr:192:254946

Bezić, H., Galović, T. and Balaž, D. (2021) 'WHAT IMPACTS FDI IN EU?', in Leko Šimić, M. (ed.), Crnković, B. (ed.), 10th International Scientific Symposium Region, Entrepreneurship, Development RED 2021, Josip Juraj Strossmayer University of Osijek, Faculty of Economics in Osijek, Croatia, pp. 592-606. Available at: https://urn.nsk.hr/urn:nbn:hr:192:254946 (Accessed 01 April 2025)

Bezić H, Galović T, Balaž D. WHAT IMPACTS FDI IN EU?. In: M. Leko Šimić, ed., B. Crnković, ed. 10th International Scientific Symposium Region, Entrepreneurship, Development RED 2021. Josip Juraj Strossmayer University of Osijek, Faculty of Economics in Osijek, Croatia; 2021. Pp. 592-606. [cited 2025 April 01] Available at: https://urn.nsk.hr/urn:nbn:hr:192:254946

H. Bezić, T. Galović and D. Balaž, "WHAT IMPACTS FDI IN EU?", 10th International Scientific Symposium Region, Entrepreneurship, Development RED 2021, M. Leko Šimić and B. Crnković, Eds. Josip Juraj Strossmayer University of Osijek, Faculty of Economics in Osijek, Croatia, 2021. [Online] Available at: https://urn.nsk.hr/urn:nbn:hr:192:254946 [Accessed: 01 April 2025]

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Metadata
Title (english)WHAT IMPACTS FDI IN EU?
AuthorHeri Bezić
AuthorTomislav Galović
AuthorDavorin Balaž
EditorMirna Leko Šimić
EditorBoris Crnković
Author's institutionUniversity of Rijeka
Faculty of Economics and Business
Scientific / art field,
discipline and subdiscipline		SOCIAL SCIENCES
Economics
Abstract (english)
There is variety of positive effects of FDI on national or regional economy because it ensures technology transfer, derives export competitiveness, employment and increases business dynamism. During the Fourth Industrial Revolution, there is significant importance of FDI. It is especially related to EU economy because it will help to overcome challenges and difficulties EU is facing with. These challenges are consequences of Covid-19 pandemic and competition represented by other developed and... More growing economies. Since FDI enhances convergence process, it can decrease differences in development level among EU economies. Research subject is competitiveness of the investment environment in EU and member states for the period 2014-2019. Objective we set is to appoint drivers of FDI in EU and its member countries. Determining key drivers to attract FDI will enable to create recommendations that can be guidelines for macroeconomic policies that will increase competitiveness and convergence level, enhance economic growth of EU and its member countries. Such macroeconomic policies will enable EU to overcome consequences of Covid-19 crisis and remain competitive in global environment in the age of the Fourth Industrial Revolution. The methodology is grounded on a system generalized method of moments estimator for dynamic panel data models and includes 27 EU members. Results show correlation of innovation capacity, tax burden, human capital, ICT and lower government involvement in monetary flows on FDI inflows in EU member countries. Most important contribution within our paper is explanation of important factors to attract FDI in EU, creation of policy recommendations to enhance economic growth, increase competitiveness and convergence level in EU during Fourth Industrial Revolution. Less
Keywords (english)
Languageenglish
Publication typeScientific paper - Original scientific paper
Publication statusPublished
Peer reviewPeer review - international
Publication versionPublished version
Publication title10th International Scientific Symposium Region, Entrepreneurship, Development RED 2021
Edition10.
Numberingpp. 592-606
e-ISSN1848-9559
URN:NBNurn:nbn:hr:192:254946
Publication2021-06-27
ConferenceTitle: 10th International Scientific Symposium Region, Entrepreneurship, Development RED 2021
Acronym: RED 2021
Location: Osijek, Croatia
Start date: 2020-06-17
End date: 2020-06-17
Assembly type: Lecture
Document URLhttps://www.efos.unios.hr/wp-content/uploads/2023/06/RED_2021_Proceedings.pdf
Type of resourceText
PublisherJosip Juraj Strossmayer University of Osijek, Faculty of Economics in Osijek, Croatia
Access conditionsOpen access
Terms of useLicence In copyright icon
Created on2025-03-29 17:34:50
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