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Research Regarding the Effects of Foreign Direct Investments on the Main Economic Activities in Romania

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Management, Innovation and Entrepreneurship in Challenging Global Times

Part of the book series: Lecture Notes in Management and Industrial Engineering ((LNMIE))

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Abstract

Over time, foreign direct investment has been the determining factor in the pace of economic development. At the macroeconomic level, foreign direct investment influences economic growth by creating jobs, developing production capacity, and increasing contributions to the state budget, and access to modern and efficient technologies. Foreign direct investment has an essential contribution to technology transfer, stimulation and growth, competitiveness, and development of the innovation process. At present, Romania is going through a difficult economic context, but investments are a good opportunity for economic growth. In Romania, foreign enterprises have played a significant role in boosting economic growth in the key economic sectors. Over time, foreign direct investments have been discovered to generate several externalities in the Romanian economy in the form of technology transfer advantages. The goal of this study was to look into the role of foreign direct investments in economic growth in Romania, with an emphasis on the period 2017–2019. The motivation is given by the fact that foreign direct investment is a relevant means of technology and knowledge transfers, and innovation development which drive the growth of the economy.

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Authors and Affiliations

  1. Department of Environmental Engineering, Faculty of Environmental Protection, University of Oradea, Oradea, Romania

    Adelina Venig

  2. Department of Engineering and Management, Faculty of Managerial and Technological Engineering, University of Oradea, Oradea, Romania

    Constantin Bungău

Authors
  1. Adelina Venig
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  2. Constantin Bungău
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Correspondence to Adelina Venig .

Editor information

Editors and Affiliations

  1. Department of Management, Polytechnic University of Timisoara, Timisoara, Romania

    Gabriela I. Prostean

  2. Department of Industrial Engineering, Universidad de Burgos, Burgos, Spain

    Juan J. Lavios

  3. Department of Management, West University of Timisoara, Timisoara, Romania

    Laura Brancu

  4. Department of International Trade and Logistics, Muğla Sıtkı Koçman University, Fethiye, Türkiye

    Faruk Şahin

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Venig, A., Bungău, C. (2024). Research Regarding the Effects of Foreign Direct Investments on the Main Economic Activities in Romania. In: Prostean, G.I., Lavios, J.J., Brancu, L., Şahin, F. (eds) Management, Innovation and Entrepreneurship in Challenging Global Times. Lecture Notes in Management and Industrial Engineering. Springer, Cham. https://doi.org/10.1007/978-3-031-47164-3_36

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  • DOI: https://doi.org/10.1007/978-3-031-47164-3_36

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  • Publisher Name: Springer, Cham

  • Print ISBN: 978-3-031-47163-6

  • Online ISBN: 978-3-031-47164-3

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