The Central European Research and Development Platform for Investors

The Journal of World Investment & Trade, Vol. 6, No. 6, pp. 995-1009, December 2005

21 Pages Posted: 1 Apr 2007 Last revised: 27 Aug 2013

See all articles by Kalman Kalotay

Kalman Kalotay

United Nations Conference on Trade and Development (UNCTAD); UNCTAD

Date Written: December 2, 2005

Abstract

Since the late 1990s, the Czech Republic, Hungary and Poland have emerged as a relatively important European research and development platform for foreign investors. Investors started targeting Hungary first, followed by Poland and the Czech Republic soon after. Firms operating in the automotive and electronics industries, in their majority originating from Europe, have the highest tendency to locate research and development in these three countries. With accession to the European Union, specialization of the Czech Republic, Hungary and Poland on research and development is expected to be strengthened. The expansion of laboratories, however, may face demographical limits. Compared to China and India, the population of these countries is small and is no longer growing. That may determine the size of projects they can attract in the future.

Keywords: Research and development, foreign direct investment, Czech Republic, Hungary, Poland

JEL Classification: O3, F23, O52, F15

Suggested Citation

Kalotay, Kalman, The Central European Research and Development Platform for Investors (December 2, 2005). The Journal of World Investment & Trade, Vol. 6, No. 6, pp. 995-1009, December 2005. Available at SSRN: https://ssrn.com/abstract=977469

Kalman Kalotay (Contact Author)

United Nations Conference on Trade and Development (UNCTAD) ( email )

Division on Investment, Technology and Enterprise
Palais des Nations
Geneva, 1211
Switzerland

UNCTAD ( email )

Division on Investment, Technology and Enterprise
Palais des Nations
Geneva, 1211
Switzerland

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