What is it about?

In this study, the authors identify the emerging profiles of Poland's outward foreign direct investment (OFDI) at the macro- and micro-levels and propose relevant policy measures. They also set up a theoretical framework for further investigation of the identified trends and patterns. Both types of analysis—macro and micro—point to a regional focus of Poland's OFDI on Europe and to a sectoral concentration on services, followed by manufacturing. At the same time, the micro-analysis reveals a dominant role of a few largest Polish multinationals in the country's OFDI.

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Why is it important?

The present study undertakes to analyze the key emerging trends in OFDI from Poland during the period 1996–2009 in the context of relevant FDI literature and attempts to determine which of the received theories might be appropriate in explaining the said trends. Therefore, the purpose of the paper is not only to identify the main trends and patterns of Poland’s OFDI and propose relevant policy measures but to set up a theoretical framework agenda for further investigation of the identified trends and patterns, not only in Poland but possibly also in other CEE countries. In this sense, the present study is of an exploratory character.


However, what theoretical framework or frameworks could guide research on behavior of Polish firms investing abroad? Undoubtedly, Dunning’s eclectic paradigm, the most comprehensive and widely accepted theory of international business activity, can be useful for such research on OFDI at the firm level. Alternatively or to complement the above–outlined research avenue, Dunning’s framework of FDI motives can be used to determine what and to what extent motivated Polish firms in their pursuit of foreign investment opportunities. It is possible, however, that Dunning’s FDI motives typology will not be sufficient to capture all the important motivations exhibited by the investigated firms, in which case his framework will need to be expanded, or an alternative approach will have to be applied.

Marian Gorynia
Uniwersytet Ekonomiczny w Poznaniu

Read the Original

This page is a summary of: Emerging Profiles of Polish Outward Foreign Direct Investment, Journal of East-West Business, April 2012, Taylor & Francis,
DOI: 10.1080/10669868.2012.697982.
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