The Effects of Foreign Direct Investment on the Performance of Small-Medium Enterprises: the Case of Vietnam

• Autorzy: Norbert Bozsik , Duong Minh Ngo , Laszlo Vasa
• Języki publikacji: EN

Abstrakty

EN

Foreign direct investment (FDI) is one of the most important elements influencing countries' international economic integration. FDI establishes direct, consistent, and long-lasting interconnections between economies as well as encouraging innovative technology and know-how transmission across territories while allowing host economies to offer their goods more extensively on global markets. FDI is also a source of investment financing that creates the climate for appropriate policies. Aside from the obvious advantages for all economic sectors, attracting FDI in small and midsize enterprises (SMEs) has a variety of additional benefits. For example, an opportunity to participate in the global supply chain for parts and components; an opportunity not yet wholly established in most developing nations but is critical for industrialization and improving income distribution through job creation for low-skilled employees. This study compared the impact of FDI on the performance of SMEs in Vietnam to that of a group of ASEAN nations with comparable economic structures including Indonesia, Malaysia, and Thailand. The empirical evidence indicates that FDI has a negative effect on the performance of SMEs in the group of four ASEAN member countries while having a positive influence on Vietnamese SMEs. (original abstract)

Słowa kluczowe

EN

Foreign investment; Direct investments; Small business; Globalization

PL

Inwestycje zagraniczne; Inwestycje bezpośrednie; Małe i średnie przedsiębiorstwa; Globalizacja

• Czasopismo: Journal of International Studies
• Rocznik: 2023
• Tom: 16
• Numer: nr 1
• Strony: 57--70

Twórcy

autor

Norbert Bozsik

• Hungarian University of Agriculture and Life Sciences Hungary

autor

Duong Minh Ngo

• MATE Doctoral School of Economic and Regional Sciences, Hungary; Banking Academy of Vietnam, Vietnam

autor

Laszlo Vasa

• Széchenyi István University Hungary

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Identyfikatory

DOI

10.14254/2071-8330.2023/16-1/4