Foreign direct investment

Foreign direct investment is the purchases of firms in another country that involve taking a management responsibility.

Definition

According to Principles of Economics by Timothy Taylor (3rd edition),

Foreign direct investment. Purchases of firms in another country that involve taking a management responsibility.

According to the Corporate Strategy by Lynch (4th edition),

Foreign direct investment (FDI). The long-term investment by a company in technology, management skills, brands and physical assets of a subsidiary in another country.