Abstract

International online peer-reviewed open-access journal offers a possibility for the international community of professionals working in the fields of regional and rural development or tourism to exchange their ideas and research results or practical achievements as it publishes results of both theoretical and applied research in these fields.

Highlights

  • The 1990s brought about changes in the expansion of German enterprises regarding their geographical orientation

  • Does the German direct investment have a dominant economic role in small towns? Is a settlement with less than 30,000 inhabitants suited for a multinational enterprise? Do we find any small town in Hungary having large employers with German interests and does the presence of German minority have a dominant role in its settling? Regarding the sectoral division in small towns, either the shared service functions or the economic life is centred around the trio of production-storage-commerce

  • The questionnaires and the interviews proved our assumption – the presence of German minority is an advantage during the selection of business sites – to be honest, the pure statistical analysis with the regression analysis disproved it

Read more

Summary

Introduction

The 1990s brought about changes in the expansion of German enterprises regarding their geographical orientation. By the opening of the markets of former socialist countries the German enterprises found new markets, by the 1990s the more developed countries of the Deutsch-Ungarische Industrie- und Handelskammer. In East-Central Europe the German direct investment often resulted in the relocalization of production capacity. These were mainly market-based, though, at the same time they were cost-oriented as well. The relocalization of production and supply capacities in the first half of the 2000s become a more and more important element in the international division of labour. The attraction of foreign direct investment has a great importance in the economic development of both the developed and developing countries. The widening of supplier network can be observed in relation with multinational corporations, which are settling down in the lower levels of settlement hierarchy as well

Objectives
Results
Conclusion

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.