Title FDI, technology & knowledge transfer from Nordic to Baltic countries /
Authors Burinskas, Arūnas ; Bøgh Holmen, Rasmus ; Tvaronavičienė, Manuela ; Šimelytė, Agnė ; Razminienė, Kristina
DOI 10.9770/IRD.2021.3.3(2)
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Is Part of Insights into regional development.. Vilnius : Entrepreneurship and Sustainability Center. 2021, vol. 3, no. 3, p. 31-55.. eISSN 2669-0195
Keywords [eng] FDI ; technology transfer ; knowledge transfer ; Baltic countries ; Nordic countries reference
Abstract [eng] The purpose of this study is to examine the intensity of technology and knowledge transfer to the selected Baltic countries through foreign direct investment. The intensity of technology and knowledge transfer across the Baltic countries varies widely, with Estonia showing the leading position in the Baltic region. The amount of foreign direct investment in three countries is linked with the level of technology and knowledge transfer. It is indicated that during the Financial Crisis in 2008, the extent of foreign direct ownership changed in all three countries and later recovered. In the aftermath of this disruption, countries recovered their stock Foreign direct investment attraction rates and almost reached their 2004 level. Latvia has achieved a 50 per cent increase among Baltic countries, benefiting from it. Foreign direct investment and technology transfer increased through effective strategies and policies. In contrast, Estonia maintains a sustained stock foreign direct investment and has moderately lower margins than in other Baltic countries. Among countries, Estonia is the dominant stock FDI absorber in the Baltic region and have made significant contributions in the region.
Published Vilnius : Entrepreneurship and Sustainability Center
Type Journal article
Language English
Publication date 2021
CC license CC license description