
A Review of Blue Economy for Potential Growth of Foreign Direct Investment in Albania
Author(s) -
Daniel Guçe
Publication year - 2020
Publication title -
sms journal of entrepreneurship and innovation
Language(s) - English
Resource type - Journals
ISSN - 2349-7920
DOI - 10.21844/smsjei.v6i02.18697
Subject(s) - foreign direct investment , investment (military) , promotion (chess) , business , economics , economic system , economy , international economics , political science , macroeconomics , politics , law
This study investigates the potential impact of Blue Economy on attracting foreign direct investment (FDI). The analysis of the concept in terms of foreign investment is an additional contribution to the previous studies in this field. What we suggest is the development of crosscutting strategies in the development of the coastal economy, especially for developing countries such as Albania, as it would be a good opportunity for attracting foreign investment. Developing such a strategy supports the development of existing sectors, as well as the promotion of investment and innovation in the growth of new domains. Therefore there is a need to examine the necessary mechanisms for encouraging foreign investment in this sector (Blue Economy). The methodology of this paper is based on existing knowledge, observations and theoretical framework on Blue Economy.