ESSENCE AND ROLE OF FOREIGN INVESTMENTS IN THE DEVELOPMENT OF INDUSTRIAL ENTERPRISES

Author:

Olena Shyshkina, Chernihiv National University of Technology (95 Shevchenka Str., Chernihiv, Ukraine).

Olga Kalchenko, Chernihiv National University of Technology (95 Shevchenka Str., Chernihiv, Ukraine).

Language: ukrainian

Annotation:

The article explores the essence and content of foreign investment; proposes an author's interpretation of this category; reveals the range of functions performed; systematizes the main types of foreign investment according to different classification criteria, namely: by sources of financing, by objects of investing, by the nature of investor participation in investment process, by the degree of control, by the impact on production potential, by the nature of capital use, etc. The necessity, expediency, and timeliness of foreign investment in the economy of Ukraine have been justified; its advantages and disadvantages at the macro- and microeconomic levels have been determined. The probable positive and negative impact of foreign investment on business entities, including industrial enterprises, has been analyzed.

Key words:

foreign investment; investment process; investment attractiveness; investment policy; industrial enterprises; potential; development efficiency

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