TEORETYCZNE PRZESŁANKI UMIĘDZYNARODAWIANIA DZIAŁALNOŚCI PRZEDSIĘBIORSTWA
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Date
2004
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Wydział Prawa i Administracji UAM
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THEORETICAL ASSUMPTIONS UNDERPINNING COMPANIES’ DECISIONS TO GO INTERNATIONAL
Abstract
The basic factor that brings about greater dynamics in economic ties on an international
scale is direct foreign investments (DFI). This paper presents reasons behind the flow of capital
in the form of direct foreign investment in the world economy. The review begins with
the presentation of neoclassical theories, where the source of DFI is said to be the need to
increase the rate of return on the capital invested which was possible due to varying levels
of average return rate in different countries (theory of portfolio investment, diversification
of investment portfolio theory). The author proceeds to the development of theories based on
organization and behavior of the company from the standpoint of eclectic theory of international
production understood a global synthesis of factors affecting the decisions on expansion of
the company in the form of direct foreign investment.
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Citation
Ruch Prawniczy, Ekonomiczny i Socjologiczny 66, 2004, z. 1, s. 93-102
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0035-9629