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What do the regions have to do to prepare for FDI attraction after the current crisis?. Dusan Kulka, June 1 7 , 200 9. The song remains the same:. What target industries can realistically be attracted?. Specify potentials and needs for FDI. ?. Export oriented. Knowledge /
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What do the regions have to do to prepare for FDI attraction after the current crisis? DusanKulka,June17,2009
What target industries can realistically be attracted? Specify potentials and needs for FDI ? Export oriented Knowledge / technology intensive Labor intensive Serving domestic markets / Import oriented
And prepare your product APPROPRIATE (MARKET-READY) BUSINESS PROPERTY AVAILABLE QUALITY (ATTRACTIVENESS) OF THE BUSINESS CLIMATE SCOPE, CREDIBILITY AND PROFESSIONALISM OF RELEVANT PUBLIC SECTOR SERVICES Major location selection criteria
Net economic impact criteria: Always count / measure the impact • Economic compatibility - potential to strengthen country’s key value-chains [EC] • High export potential [EX] • High value-added potential [VA] • Employment potential [EM] • Technology and innovative potential [TI] • Local input / sourcing potential [LI] • Local strategic linkages potential [SL] • Upgrade potential[UP]
Go green … • Greenfield investment • Efficiency seeking • Net economic impact • Contestable
Two counteractive forces • Increased governmental interventions • Protectionist policies • Safety / security measures / concerns Continuing economic globalization • Efficiency / productivity gains seeking • Need for a technological leap • New winners and losers • A new start for everyone
Think strategically / long-term Global Environment COMPETITOR COMPETITOR COMPETITOR SUPPLIER SUPPLIER CUSTOMER FIRM SUPPLIER CUSTOMER SUPPLIER CUSTOMER Local and Regional Environment CUSTOMER Support (productivity enhancing) infrastructure National Environment