Ivan Angelov
Impact of Industry 4.0 on the Foreign Direct Investment Attraction Factors
Summary:
The tendency towards increasing digitalization, automation and robotics in numeral branches of the economy reflects on different aspects of the international business affairs. The paper examines the impact of the upcoming fourth industrial revolution on the foreign direct investment (FDI) attraction and realization processes. It studies the specific features of Industry 4.0, stressing their importance for the stakeholders in FDI.
The main problem examined in the article is the shifting of the key FDI attraction factors that is expected due to the industrial revolution. The analysis of the FDI attraction factors amendment finds that we can expect changes in the behaviour and priorities of FDI stakeholders, but not a decrease in the international capital flows.
