Insights on foreign direct investments, and the transfer of technology and knowledge from Nordics to Baltics

Abstract

The article discusses foreign direct investment, the transfer of technology and knowledge from Nordics to Baltics. In today's world, both the importance of foreign direct investments, and the transfer of technology and knowledge are growing constantly. FDI means the raise of capital together ensuring the development of region. Investors have the freedom for choice and are focusing on the increasing returns from investments. Article complexly assesses the impact of foreign direct investment, technology and knowledge transfer. The purpose of the paper - to assess impact of FDI to country competitiveness and the transfer of technology and knowledge and carry out comparative analysis between countries. Several methods were used in the article as follows: the review of scientific papers and the analysis of statistics.