A Triad of Driving Forces Behind FDI Patterns

The research aims to contribute to identifying the contemporary driving forces having an impact on FDI patterns. The study attempts to introduce a new way to think about the FDI drivers to overcome research limitations concentrated on economic factors. Among a range of factors that can affect FDI, t...

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Main Author: Olga VASYECHKO
Format: Article
Language:English
Published: Academy of Economic Studies (ASE) 2021-05-01
Series:European Journal of Interdisciplinary Studies
Subjects:
Online Access:https://www.ejist.ro/files/pdf/470.pdf
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author Olga VASYECHKO
author_facet Olga VASYECHKO
author_sort Olga VASYECHKO
collection DOAJ
description The research aims to contribute to identifying the contemporary driving forces having an impact on FDI patterns. The study attempts to introduce a new way to think about the FDI drivers to overcome research limitations concentrated on economic factors. Among a range of factors that can affect FDI, the paper explores a capitalist system, humans' attitudes, and digitalization (CHD). There is evidence of complex and nonlinear interrelation between them, resulting in some synergy - the CHD triad. The FDI patterns are no longer designed solely by multinational firms but in interaction with governments, populations, and technological pressure. While the research started far before the global crisis caused by coronavirus infection, the pandemic intensified a chain of systemic, human, and technological reactions and confirmed our hypothesis. High bio-political uncertainty, human risk aversion with growing awareness, and expanding digital capitalism maintain profound social, economic, and technological changes, resulting in new FDI patterns.
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spelling doaj.art-6d4c6c5259784dd1981299538563719a2023-12-05T14:43:29ZengAcademy of Economic Studies (ASE)European Journal of Interdisciplinary Studies2067-37952021-05-011319210810.24818/ejis.2021.07A Triad of Driving Forces Behind FDI PatternsOlga VASYECHKOThe research aims to contribute to identifying the contemporary driving forces having an impact on FDI patterns. The study attempts to introduce a new way to think about the FDI drivers to overcome research limitations concentrated on economic factors. Among a range of factors that can affect FDI, the paper explores a capitalist system, humans' attitudes, and digitalization (CHD). There is evidence of complex and nonlinear interrelation between them, resulting in some synergy - the CHD triad. The FDI patterns are no longer designed solely by multinational firms but in interaction with governments, populations, and technological pressure. While the research started far before the global crisis caused by coronavirus infection, the pandemic intensified a chain of systemic, human, and technological reactions and confirmed our hypothesis. High bio-political uncertainty, human risk aversion with growing awareness, and expanding digital capitalism maintain profound social, economic, and technological changes, resulting in new FDI patterns.https://www.ejist.ro/files/pdf/470.pdfforeign direct investment (fdi)chd triadvariety of capitalisminstitutionsrisk aversiondigital economycoronavirus pandemic (covid-19)
spellingShingle Olga VASYECHKO
A Triad of Driving Forces Behind FDI Patterns
European Journal of Interdisciplinary Studies
foreign direct investment (fdi)
chd triad
variety of capitalism
institutions
risk aversion
digital economy
coronavirus pandemic (covid-19)
title A Triad of Driving Forces Behind FDI Patterns
title_full A Triad of Driving Forces Behind FDI Patterns
title_fullStr A Triad of Driving Forces Behind FDI Patterns
title_full_unstemmed A Triad of Driving Forces Behind FDI Patterns
title_short A Triad of Driving Forces Behind FDI Patterns
title_sort triad of driving forces behind fdi patterns
topic foreign direct investment (fdi)
chd triad
variety of capitalism
institutions
risk aversion
digital economy
coronavirus pandemic (covid-19)
url https://www.ejist.ro/files/pdf/470.pdf
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