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Facilitating Outward Foreign Direct Investment (OFDI): The Perspective of Support Providers in Poland in the Aftermath of 2008+ Economic Crisis

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Competitiveness of CEE Economies and Businesses

Abstract

In this chapter we focus on the role of formal institutions and in particular the home country government and its policy in pursuing the most advanced form of foreign expansion, which is foreign direct investment (FDI).

Specifically, by discussing and evaluating the policy towards outward FDI in Poland, we seek to assess the significance of state support in the (post)crisis realm. The crisis years in the world economy (2008–2009) have had an impact on Polish OFDI flows. However, in the case of Poland, the decrease of outflows was not very significant. Having this fact in mind, we formulate the following research questions: what are the measures used by the Polish government to support OFDI? Has the policy toward Polish indigenous firms investing abroad changed since the outbreak of the global economic crisis?

In an attempt at answering the questions and presenting the challenges involved in designing and implementing policies oriented at facilitating investment outflows, we first provide a literature overview on OFDI in general, and the role of the government in supporting OFDI, in specific. Secondly, we indicate the measures used by the Polish government and other public institutions to encourage Polish firms to invest abroad. Thirdly, based on a case study and expert survey, we present the results of our primary study on the measures fostering OFDI used by the national government, regional authorities and business support institutions in Poland.

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Notes

  1. 1.

    An official from the Department of Support Instruments, Ministry of Economy mail response 21.11.2014.

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Acknowledgement

This chapter draws on the findings of the research project No. 11430010 of the Small Grants Programme of the International Visegrad Fund “Outward FDI policies in Visegrad Countries”. We would like to thank anonymous reviewers for their valuable comments.

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Authors and Affiliations

  1. Vistula University, Warsaw, Poland

    Marta Götz

  2. Poznan University of Economics and Business, Poznan, Poland

    Barbara Jankowska

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  1. Marta Götz
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  2. Barbara Jankowska
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Correspondence to Marta Götz .

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Editors and Affiliations

  1. Poznań University of Economics and Business, Poznań, Poland

    Piotr Trąpczyński

  2. Poznań University of Economics and Business, Poznań, Poland

    Łukasz Puślecki

  3. SGH Warsaw School of Economics, Warsaw, Poland

    Mirosław Jarosiński

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Götz, M., Jankowska, B. (2016). Facilitating Outward Foreign Direct Investment (OFDI): The Perspective of Support Providers in Poland in the Aftermath of 2008+ Economic Crisis. In: Trąpczyński, P., Puślecki, Ł., Jarosiński, M. (eds) Competitiveness of CEE Economies and Businesses. Springer, Cham. https://doi.org/10.1007/978-3-319-39654-5_3

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