Foreign Direct Investment as a Driver of Economic Recovery and Business Innovation
José BotelhoIryna MaksymovaState University of Economics and Technology, Medychna street 16, Kryvyi Rih 50000, UkraineOleg PadalkaNational Pedagogical Dragomanov University, Pyrohova str., 9., Kyiv 01601, UkraineМансур МаманазаровNational University of named after Mirzo Ulugbek, University street, 4. Tashkent city, 100174 UzbekistanVolodymyr KulishovState University of Economics and Technology, Medychna street 16, Kryvyi Rih 50000, Ukraine
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Global economy is expected to contract, consequence of a collapse of international trade with millions of failed businesses and lost jobs. Foreign Direct Investment (FDI) flows are fundamental to support the economic recovery. Developed economies and developing economies in particular must make a great effort to restore and increase capital inflows, especially in form of foreign direct investment. FDI inflows have long been the largest source of finance investment. FDI is an opportunity to support the crucial economic recovery. An internationalization model of FDI is built in order to be a driver to governments and firms to implement a success strategy to attract FDI to the country.
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