Foreign Direct Investment Spillovers in Slovakia

The authors conducted the first study about FDI spillovers in Slovakia in order to find out if there is an evidence of horizontal and vertical spillovers that are beneficial for the Slovak enterprises. Based on the study of the biggest investors in Slovakia they conclude that the forward and backward vertical spillovers are rather limited, even though the potential for spillovers exist, especially among the Slovak suppliers of the foreign companies. The scope of horizontal spillovers is also quite limited: they appear on a bigger scale only through the movement of human capital which contributes to their spread into local companies.