Determinants of investment attractiveness of countries and investment climate assessment methods. Survey analysis
Determinants of investment attractiveness of countries and investment climate assessment methods. Survey analysis
Author(s): Piotr Misztal, Vasili KulakovSubject(s): Business Economy / Management
Published by: Wydawnictwo Akademii Nauk Stosowanych WSGE im. A. De Gasperi w Józefowie
Keywords: Poland; competitiveness; attractiveness; investment; Special Economic Zone
Summary/Abstract: Objectives: Te purpose of the research isthe identification of important determinants shaping the investment attractiveness of the country (region) from the point of view of potential investors and assessment the degree of stakeholder satisfaction with existing methods of examining the investment climate and their availability for practical use. Material and methods: In order to to asses a set of determinants that exert the most significant influence on a country’s investment climate was developed a questionnaire consisting of 25 questions. ese questions were designed to assess the opinions of potential investors regarding the degree of influence of various factors on their decision on capital allocation and the investment climate of a country. e survey was conducted among 506 enterprises from Special Economic Zones in Poland. Results: Based on the conducted research, we have developed a list of the most important factors, perceived by potential investors, shaping the investment climate of a country. e most important factors include, among others, the level of taxation, the size of the economy, the independence of the judiciary, the political stability in the country receiving the investment, the favorable government policy towards business, the level of corruption, the situation on the labor market, the development of physical and transport infrastructure, the cost of conducting research and development activities, the geographical location of the country and climatic conditions. e study shows also that a qualitative methodology for assessing the investment climate should be based on a variety of analytical tools to provide a more complete and objective picture of the investment attractiveness of a given country. Conclusions:e use of expert assessments, statistical data and stakeholder opinions allows for a better understanding of the investment context, risk and return potential. is study has important implications for companies and investors who are looking for reliable tools to assess the attractiveness of potential investment locations and make informed investment decisions.
Journal: Journal of Modern Science
- Issue Year: 60/2024
- Issue No: 6
- Page Range: 287-313
- Page Count: 27
- Language: English