The chapter offers an institutional approach to the issue of international business competitiveness. It is assumed that the micro-level, business-oriented factors of competitiveness are influenced by macro-level and institutional factors. These institutional factors can be analysed with the FOI...

The aim of this chapter is to describe how the macroeconomic development path taken by the Visegrad countries affects the internationalisation process of their domestic companies. The macroeconomic development paths are derived with the FOI model (focusing on the future, outside and inside...

The FOI model developed by the authors measures the future, outside and inside potential of a country. With the help of the model the OECD countries are evaluated, and four typical clusters are found which can represent four typical development models within the club of developed economies.

The book presents a FOI model analysis of the OECD countries, and highlights some of their possible development paths.