THE ROLE OF INVESTMENT PROMOTION AGENCIES IN ATTRACTING FOREIGN DIRECT INVESTMENT
Articles
Algirdas Miškinis
Vilnius University, Lithuania
Mariya Byrka
Vilnius University, Lithuania
Published 2015-01-01
https://doi.org/10.15388/Ekon.2014.93.5039
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Keywords

foreign direct investment
investment promotion agency
FDI attraction

How to Cite

Miškinis A. and Byrka M. (2015) “THE ROLE OF INVESTMENT PROMOTION AGENCIES IN ATTRACTING FOREIGN DIRECT INVESTMENT”, Ekonomika, 93(4), pp. 41-57. doi: 10.15388/Ekon.2014.93.5039.

Abstract

Establishing an investment promotion agency (IPA) has become a very popular institutional approach in the strategic promotion of foreign direct investment (FDI) across nations and regions worldwide. In this article, we examine the role of IPAs in improving the FDI environment and promoting inward FDI. The task of the article is, with the help of qualitative methods of research, to determine the promotion techniques and tools that lead to a better FDI performance and verify them in the cases of such investment promotion agencies as Invest Lithuania and Invest in Lviv Region (Ukraine).
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