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Determinants of foreign direct investment in the Kujawsko-Pomorskie voivodeship from 2000 to 2022: an evaluation based on empirical research

Jaworek Małgorzata, Karaszewski Włodzimierz, Kuczmarska Magdalena

Zeszyty Naukowe. Organizacja i Zarządzanie / Politechnika Śląska

2024

z. 192

385--399

Purpose: The aim of this article is to present the determinants of choosing the Kujawsko-Pomorskie voivodeship for FDI capital investments, their hierarchy of importance and the changes in this regard over the past two decades. Design/methodology/approach: This article presents the results of four original research projects, resulting, inter alia, in identifying determinants for choosing the Kujawsko-Pomorskie voivodeship as a capital investment destination in the form of FDI. The first was conducted in 2003-2004, followed by two in 2011-2012 and 2014-2016 and the last in 2022. The same survey methodology was used in each project with an original survey questionnaire. Findings: The results of the studies indicated that the greatest advantage of the Kujawsko-Pomorskie voivodeship is its geographical location. In all four studies, the determinant 'qualifications of the workforce' ranked high. Determinants of the 'efficiency' subgroup belonging to the 'economic' group of factors were also important. This is mainly related to prices in the property market. The results of the studies also indicated that the determinants related to business conditions created by local authorities and the local community show increasing importance. Practical implications: The results of the presented studies could be used by local authorities in the creation of tools to support the development of entrepreneurship. The development of this area is a basic condition for the realisation of the expectations of local communities in the material and social sphere. Originality/value: The article presents the results of studies conducted using the same methodology in four sub-periods during the 20-year period. The value of originality is, in particular, the identification of changes over time in the main FDI determinants in the Kujawsko-Pomorskie voivodeship.