Research Regarding the Effects of Foreign Direct Investments on the Main Economic Activities in Romania

Over time, foreign direct investmentForeign direct investment has been the determining factor in the pace of economic development. At the macroeconomic level, foreign direct investmentForeign direct investment influences economic growthEconomic growth by creating jobs, developing production capacity, and increasing contributions to the state budget, and access to modern and efficient technologiesTechnologies. Foreign direct investmentForeign direct investment has an essential contribution to technologyTechnologies transfer, stimulation and growthGrowth, competitivenessCompetitiveness, and development of the innovationInnovation process. At present, RomaniaRomania is going through a difficult economic context, but investments are a good opportunity for economic growthEconomic growth. In RomaniaRomania, foreign enterprises have played a significant role in boosting economic growthEconomic growth in the key economic sectors. Over time, foreign direct investmentsForeign direct investment have been discovered to generate several externalities in the Romanian economy in the form of technologyTechnologies transfer advantages. The goal of this study was to look into the role of foreign direct investmentsForeign direct investment in economic growthEconomic growth in RomaniaRomania, with an emphasis on the period 2017–2019. The motivation is given by the fact that foreign direct investmentForeign direct investment is a relevant means of technologyTechnologies and knowledge transfers, and innovationInnovation development which drive the growthGrowth of the economy.