Effects and benefits of foreign direct investment for the development of wood-processing industry
2010
Merková, M., Technical University in Zvolen (Slovak Republic). Faculty of Wood Sciences and Technology | Drábek, J.
This paper deals with foreign direct investment inflows into wood-processing industry in the Slovak republic. Wood-processing sector has comparative advantages which make it possible to define the effects and benefits of foreign investment in mentioned sector. Foreign direct investment may become the basis for the modernization of production facilities, the transfer of new technologies, know-how, creating healthy competition and more efficient to integrate our economy into the international division of labor, decrease unemployment, growth of GDP as well as provide access to European and global market of products and services, respectively.
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