Race for Foreign Direct Investment: Turkey vs. Poland
AbstractComparing foreign direct investment (FDI) in Turkey and Poland, this paper explores location choices and organizational forms of FDI in emerging economies. We adopt transaction cost economics and institution-based view to investigate the relationships between location, entry mode, and ownership structure. We validate the significance of EU accession as a determinant of FDI and show that a politically stable environment attracts FDI, but the sheer size of a market does not attract FDI. Our findings suggest that different organizational forms of FDI are favored in different institutional environments.
How to Cite
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.