Location attractiveness for Foreign Direct Investment of EU New Member–Countries in comparison with old ones Online publication date: Wed, 31-Dec-2008
by George Anastassopoulos, Christos Georgiou, Leonidas Maroudas
International Journal of Entrepreneurship and Innovation Management (IJEIM), Vol. 8, No. 5, 2008
Abstract: This paper examines the determinants of distribution of inward Foreign Direct Investment (FDI) stock, in 6 new EU Member-Countries (NMCs) in comparison with five old Member-Countries (OMCs) from 2000 to 2004. Evidence suggests a heterogeneous response of FDI towards the two EU regions – considered as country groups – in the processes of globalisation and enlargement. The level of FDI stock in OMCs is positively influenced by their economic environment, and particularly productivity gains and the availability of skills, and negatively influenced by increases in labour costs and high levels of entrepreneurship indicating the importance of efficiency types of MNEs operations. By contrast, the level of FDI stock in NMCs is positively influenced by the efficiency of their business environment and the degree of globalisation, and negatively influenced by increases in unit labour costs, and high levels of entrepreneurship.
Existing subscribers:
Go to Inderscience Online Journals to access the Full Text of this article.
If you are not a subscriber and you just want to read the full contents of this article, buy online access here.Complimentary Subscribers, Editors or Members of the Editorial Board of the International Journal of Entrepreneurship and Innovation Management (IJEIM):
Login with your Inderscience username and password:
Want to subscribe?
A subscription gives you complete access to all articles in the current issue, as well as to all articles in the previous three years (where applicable). See our Orders page to subscribe.
If you still need assistance, please email subs@inderscience.com
Our Blog 
Follow us on Twitter 
Visit us on Facebook