It is also possible to speculate that the presence of foreign investors has significantly accelerated the country's innovation, but there is not yet enough research to confirm this thesis. The active internationalisation philippine cellphone number code of Indian companies has a positive impact on their innovation capacity. They have acquired technological know-how mainly through "brownfield" investments or in the course of the interaction of the Indian investor with the innovative environment of the host country, so-called "greenfield" investments. Growth prospects are much better in developed countries, where Indian companies can count on a greater availability of advanced technology and highly qualified labour.
Good prospects for emerging economies
Emerging market countries have very good prospects. There are many gaps to fill, such as know-how, increased investment in research and development and equalizing the standard of living of the population. Not for nothing has the nickname "country of contrasts" stuck to India. However, it should be noted that in recent years there has been an improvement and the country is developing very dynamically. This can be seen, for example, in the value of the flow of foreign direct investment in India. It is estimated that in 2021 foreign companies will invest 50% more capital in India than in 2014. The example of this country clearly demonstrates the significant impact of foreign direct investment on the development and innovation of incoming economies.