Choosing the Easiest Way: Attracting FDI or Branding Macedonian Business?!

Boskov, Tatjana and Kovacevski, Dimitar (2017) Choosing the Easiest Way: Attracting FDI or Branding Macedonian Business?! International Journal of Current Research, 9 (10). pp. 60085-60088. ISSN 0975-833X

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Abstract

FDI represents a potential means of growing and diversifying the SME base and achieving greater integration within global networks. Without a market - there is no trade, and without trade - there is no profit, economic growth and development. Therefore, all economies, especially small ones, are "searching for" and fighting the restless spirit of competition and "hoping" to be a "link" in this international trading concept and supply chains. This paper aims to focus on contribution for developing the strategies that could help to strengthen the SME sector. From one side it could be done through their promoting of integration into, and potential benefits from external markets. Implementation of the strategies should increase the attractiveness of the transition and developing countries for foreign investors which will improve the capacity of the SME sector. From the other side, the policies will strengthen the benefits from FDI to local economies trough facilitation of SME trade and capacity building of local SMEs to use the opportunities from the external markets.

Item Type: Article
Subjects: Social Sciences > Economics and business
Divisions: Faculty of Tourism and Business Logistics
Depositing User: Tatjana Boskov
Date Deposited: 12 Dec 2017 10:54
Last Modified: 12 Dec 2017 10:54
URI: http://eprints.ugd.edu.mk/id/eprint/18592

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