Inward FDI and Entrepreneurship Rate: Empirical Evidence on Selected Effects of FDI in Visegrad Countries

Abstract

The main objective of the article is to verify the impact of inward FDI on domestic entrepreneurship in four Visegrad countries in the years 2000-2012. The reliable sources of data were used, among them statistical data of Eurostat, and UNDP. The relationship between FDI and entrepreneurship can be confirmed as basing on the OLS regression there is a statistically significant positive correlation between the stock FDI and the entrepreneurship rate, however the impact of FDI was different in different analysed countries - the strongest in Slovakia, while the weakest in Hungary.

Keywords

• Enterprise internationalization
• Entrepreneurship