Foreign Presence, Cultural Distance and Technology Gap as Indicators of Globalization in the Czech Republic
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F46747885%3A24310%2F16%3A00000994" target="_blank" >RIV/46747885:24310/16:00000994 - isvavai.cz</a>
Result on the web
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DOI - Digital Object Identifier
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Alternative languages
Result language
angličtina
Original language name
Foreign Presence, Cultural Distance and Technology Gap as Indicators of Globalization in the Czech Republic
Original language description
The aim of this paper is to evaluate the impact of all foreign direct investment into Pardubice region in the Czech Republic. These analysed multinational companies gained the institutional support in the form of investment incentives. Based on the comparative analysis of data from the companies` annual reports and Czech statistical office and CzechInvest in 1999-2013, foreign presence is calculated. The foreign presence is together with the technology gap considered as key determinant of spillover effects`creation. The calculated values illustrate low degree of foreign presence – till 8 %, more precisely low potential for the creation of spillover effects. This conclusion confirms the technology gap probed by the Shift-share analysis. It means the decomposition of the technology level of region on the technology, sectors and combination of both these effects. The result is corresponding with the localization of manufactures or manufactures` fragmentation with low added value to the analyzed region. In addition to that, the paper quantifies cultural distance between source countries of the investment and the Czech Republic. The calculation of cultural distance is based on Hofstede´s cultural dimensions by Kogut-Singh index and Euclidean index. In examined time period, investors from total 10 countries invested in Pardubice region and 36 % of them came from Germany. Differences between Germany and Czech Republic in cultural dimensions prove previous studies about their relation to the development of foreign direct investment. Significantly highest cultural distance between Czech Republic and considered countries was found out with Denmark, followed by Netherlands and Great Britain.
Czech name
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Czech description
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Classification
Type
D - Article in proceedings
CEP classification
AH - Economics
OECD FORD branch
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Result continuities
Project
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Continuities
S - Specificky vyzkum na vysokych skolach
Others
Publication year
2016
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Article name in the collection
16th International Scientific Conference Globalization and Its Socio-Economics Consequences
ISBN
978-80-8154-191-9
ISSN
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e-ISSN
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Number of pages
8
Pages from-to
337-344
Publisher name
University of Zilina
Place of publication
Zilina
Event location
Rajecke Teplice
Event date
Jan 1, 2016
Type of event by nationality
WRD - Celosvětová akce
UT code for WoS article
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