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AAI and FDI

In: Artificial Intelligence and Competition

Author

Listed:
  • Georgios I. Zekos

    (International Hellenic University)

Abstract

FDI is an imperative source of capital, with a high contribution to the development of the economies. FDI advances managerial knowledge and skills increasing effectiveness and productivity. Also, the competitive presence of foreign companies has a positive impact on the capacity of national corporations to participate in innovative activities via knowledge spillovers and improvement in product quality. FDI accelerates the diffusion of technology and increases competition in local markets. In addition, FDI drives the participation in global value chains of local firms boosting value-added trade. To that extent, digital corporations rely on data and technology implicating platform economies and non-traditional assets.

Suggested Citation

  • Georgios I. Zekos, 2023. "AAI and FDI," Contributions to Economics, in: Artificial Intelligence and Competition, chapter 0, pages 361-378, Springer.
    • Handle: RePEc:spr:conchp:978-3-031-48083-6_11
    DOI: 10.1007/978-3-031-48083-6_11
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