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Main foreign direct investment factors as precondition of sustainable entrepreneurship: evidence from Lithuania, Central and Eastern Europe

Author

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  • Violeta Šabasevičienė

    (Vilnius Gediminas Technical University (VILNIUS TECH), Lithuania)

  • Virginija Grybaitė

    (Vilnius Gediminas Technical University (VILNIUS TECH), Lithuania)

Abstract

Foreign direct investment plays an important role in most economies. Business conditions and sustainable entrepreneurship is being directly affected by country’s ability to attract inflows of foreign capital. Hence, a question how to draw them in is one of the most important aims and goals of foreign policy. Some countries are successful in attracting foreign investment, others stay on the sidelines. The inflow of foreign direct investment depends on various factors. This article aims to answer the question which foreign direct investment factors have a positive effect on the flow of these investments into chosen countries in Central and East European countries. The data retrieved and used for consideration embraces period from 2003 to 2013.

Suggested Citation

  • Violeta Šabasevičienė & Virginija Grybaitė, 2014. "Main foreign direct investment factors as precondition of sustainable entrepreneurship: evidence from Lithuania, Central and Eastern Europe," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 1(4), pages 230-238, June.
    • Handle: RePEc:ssi:jouesi:v:1:y:2014:i:4:p:230-238
    DOI: 10.9770/jesi.2014.1.4(5)
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    References listed on IDEAS

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    More about this item

    Keywords

    Foreign Direct Investment (FDI); Gross Domestic Product (GDP); sustainable entrepreneurship;
    All these keywords.

    JEL classification:

    • F21 - International Economics - - International Factor Movements and International Business - - - International Investment; Long-Term Capital Movements
    • F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business

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