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A Study on Online Investment Promotion in the Turkic Republics
Abstract
The world is in a period of social development where digital transformation is
continuing rapidly and more than 55% of the world population is an internet user. These
changes and transformations are directly affecting all areas of human life and leading to
new challenges. As in many other fields, traditional communication methods are being
replaced by online communication techniques and this state allows quick information
exchange. More specifically, the similar picture is appearing for the communication
between countries and potential investors. In this framework, this study aims to evaluate
online investment promotion activities of Turkic Republics in the cross-national
context. For this purpose, web sites of Investment Promotion Agencies in Turkey,
Kyrgyzstan, Kazakhstan, Azerbaijan, Uzbekistan and Turkmenistan will be evaluated in
terms of criteria such as information adequacy, website attractiveness etc. This study is
important to see the current state of the online investment promotion in above mentioned countries and to learn from each other. Findings can be useful for related
institutions and organizations for better practices on attracting potential investors.
ResearchGate has not been able to resolve any citations for this publication.
Purpose – This paper aims to answer the question of importance of the cities’ investment promotion, and to analyse their inward investment promotion websites, which are the primary investment promotion tools. The analysis should identify common features of these websites, thereby indicate the crucial information from the point of view of target audiences. Methodology – Inward investment promotion websites of four leading European cities (Barcelona, Manchester, Wrocław, and Lublin), concerning the foreign direct investment strategy, were analysed comparatively using an original tool based on the Website Attributive Evaluation System – City’s Inward Investment Promotion Website Evaluation System. Findings – The analysis showed that all four cities’ websites are very similar in terms of the presented content. Moreover, the comparative approach to communication with investors is visible. However, there are significant differences in a graphic layout. Research limitations – Only four websites were analysed comparatively. Hence, it is recommended to conduct similar research on a more significant sample. Practical implications – The findings indicate that it can be possible to design transferable model of the city’s inward investment promotion website. Originality – An original tool was designed to analyse comparatively the cities’ inward investment promotion websites.
Recently, border zone is regarded as a potential advantage area to foster cross-border based economic activities. The Association of Southeast Asia Nations (ASEAN) makes an attempt to push forward its own border areas to become the gateway to neighboring countries and third countries through the presence of special economic zone, industrial estate, and regional economic hub. This is one of ASEAN's strategies to accomplish to be ASEAN Economic Community in 2015. This paper presents a preliminary result from the first phase of a research project that explores the emergence of domestic and foreign investment in the Northern border zone of Thailand. It focuses on case studies conducted in “Chiang Khong” border area of Chiang Rai province in Thailand, and examines the design of investment promotion policies in this potential border zone. Using in-depth semi-structured interview method, the preliminary findings reveal that borderization is as a starting point to open up border and cross-border economic activities, whereas border city identity, the influence of emerging border city and the role of mutually inclusive growth between border cities are as a driver to bring them together. Hence, economic and investment promotion policies should be initiated from the onset of the context of border zone in order to trigger the actual border circumstances. In addition, comprehensive and integrated economic promotion policies with regional and national policies could be provided in the best available manner.
This article presents a comparison between the main pages of websites from several investment promotion agencies (IPAs) from countries in different regions of the world. Using content analysis, the study assesses and contrasts the communication and positioning tactics embedded in each main page based on the value-added and purpose of the websites and the effect that cultural dimensions may have on these tactics.
Over the period of the last 30 years, as external debt has relatively lost ground and foreign investment has become initial in all foreign financing resources, the relationship between foreign direct investment and employment has gain importance for developing countries such as Turkey. In this paper the relationship between foreign direct investment and employment has been analysed. To compute the labour force function demand for 1970-2009 period, the gross national expenditure, gross domestic product and foreign direct investment variables were used for explanatory variables. In accordance with the results of ARDL co-integration tests and Error Correction Model, as well as the literature on the relationship between foreign direct investment and employment in Turkey, there is no long term significant relationship found between foreign direct investment and employment in Turkey, too. Thus, our findings show that foreign direct investment did not have any
contribution to reduce employment in Turkey.
In light of the perceived benefits derived from inward FDI, many developed economies have systematically established investment promotion agencies (IPAs) to attract foreign investment. While IPAs in the past have been created by a wide variety of countries and regions, their target economies have overwhelmingly been in developed markets. The rise of emerging market MNEs is significantly changing this picture. We analyse the impact of IPAs on attracting emerging market FDI to developed economies by looking at the example of Chinese FDI into Canada. We find strong statistical evidence that the presence of Canadian provincial-level IPAs located in China increases the likelihood of Chinese firms locating in that Canadian province. Focusing on the role of IPAs in lowering liabilities of foreignness, we explore how differences in host and home country contexts may explain our findings.
This paper examines that how a host government's promotional effort, through the establishment of investment promotion agency (IPA), can influence foreign direct investment (FDI) inflows. This paper conducts structural equation analyses with maximum-likelihood estimations focusing upon the effectiveness of investment promotion as a mediator between the host country's FDI environment and FDI inflows. The empirical results show that the effectiveness of investment promotion, measured by IPA age, IPA's overseas staff intensity, and number of IPA staff, positively affects the attraction of FDI. From the results, we infer that enhancing investment promotion can be a tool for attracting FDI through the mediation effect that coordinates other determinants of FDI such as market size, market growth, and low labor costs.
A Comparative Cross-National Examination of Online Investment Promotion
Banna El Alia, Leila Hamzaoui-Essoussi and Nicolas Papadopoulos.(2016). A
Comparative Cross-National Examination of Online Investment Promotion.
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- G Ilie
Ilie G. (2015) Investment Promotion Tools And Their Contribution In
Attracting Foreign Direct Investments, Knowledge Horizons -Economics 7(2)
s: 15-21
Doğrudan Yabancı Yatırım Kararları ve Belirleyicileri
- A Kurtaran
Kurtaran A. (2007) Doğrudan Yabancı Yatırım Kararları ve Belirleyicileri,
Atatürk Üniversitesi Sosyal Bilimler Enstitüsü Dergisi, 10 (2) s: 367-382