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Attracting Foreign Direct Investment in the Era of Digitally Reshaped International Production. The Primer on the Role of the Investment Policy and Clusters – The Case of Poland
Journal of East-West Business Pub Date : 2019-12-06 , DOI: 10.1080/10669868.2019.1692985
Marta Götz 1
Affiliation  

Abstract Research abstract: This paper uses an essay format to set out the major issues of attracting FDI in times of digital business transformation. It departs from identifying the changing nature of international production patterns and altering profiles of MNEs due to fourth industrial revolution and discusses the implication of thereof on FDI policy designing and implementing. It diagnoses the likely evolution of such policy aiming at attracting digital FDI and outlines the related challenges. It draws on the case of Poland and argues that humbler, yet quality-oriented and selective approach the policymakers might need to adopt, should focus on providing the right conducive business environment among others by pursuing the smart industrial policy and by leveraging the clusters advantages. Managerial abstract: The changing nature of international production and altering profiles of MNEs due to fourth industrial revolution impact how the FDI policy is designed and implemented. By drawing on the case of Poland it can be argued that humbler, yet quality-oriented and selective approach the policy-makers might need to adopt, should focus on providing the right conducive business environment. This implies pursuing the smart industrial policy and leveraging the clusters advantages. At the same time, it would be crucial to support local companies as partners for such MNEs – i.e. to empower domestic firms and embed foreign firms. Facilitating further cluster developments might prove critical in embedding footloose MNEs and equip local entities to cope with new challenges of digital transformations.

中文翻译:

在数字化改造的国际生产时代吸引外国直接投资。投资政策和集群作用初探-以波兰为例

摘要研究摘要:本文采用论文格式阐述了数字业务转型时期吸引FDI的主要问题。它不同于确定由于第四次工业革命而导致的国际生产模式的变化性质和跨国公司的概况变化,并讨论了其对外国直接投资政策设计和实施的影响。它诊断了旨在吸引数字FDI的此类政策的可能演变,并概述了相关挑战。它以波兰为例,认为政策制定者可能需要采取谦虚但又注重质量和选择性的方法,应通过采取明智的产业政策和利用集群优势,着重于提供适当的有利商业环境。管理摘要:第四次工业革命导致国际生产性质的变化和跨国公司的概况改变,影响了外国直接投资政策的设计和实施方式。通过借鉴波兰的情况,可以说政策制定者可能需要采取谦虚但又注重质量和选择性的方法,将重点放在提供适当的有利商业环境上。这意味着奉行明智的产业政策并利用集群优势。同时,至关重要的是要支持本地公司作为此类跨国公司的合作伙伴,即增强国内公司的能力并嵌入外国公司。促进集群的进一步发展可能对于嵌入松散的跨国企业和装备当地实体以应对数字化转型的新挑战至关重要。
更新日期:2019-12-06
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