SHS Web of Conferences (Jan 2021)

Foreign Direct Investment as a Driver of Economic Recovery and Business Innovation

  • Botelho José Manuel Macedo,
  • Maksymova Irina,
  • Padalka Oleg,
  • Mamanazarov Mansur,
  • Kulishov Volodymyr

DOI
https://doi.org/10.1051/shsconf/202110001015
Journal volume & issue
Vol. 100
p. 01015

Abstract

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Global economy is expected to contract, consequence of a collapse of international trade with millions of failed businesses and lost jobs. Foreign Direct Investment (FDI) flows are fundamental to support the economic recovery. Developed economies and developing economies in particular must make a great effort to restore and increase capital inflows, especially in form of foreign direct investment. FDI inflows have long been the largest source of finance investment. FDI is an opportunity to support the crucial economic recovery. An internationalization model of FDI is built in order to be a driver to governments and firms to implement a success strategy to attract FDI to the country.