Professors Roxana Wright ’01MBA and Chen Wu. (Ian Halter photo)
New Hampshire attracts foreign direct investment (FDI) from 24 nations, and there is extraordinary potential for future growth. These are among Plymouth State University’s exciting findings from a first-ever analysis of its kind of the state’s economic prospects.
New Hampshire Foreign Direct Investment Report: Presence and Contributions to State and County Economies is the result of a year-long study of the distribution of FDI and its current and potential contributions within the state. Dr. Roxana Wright ’01MBA, professor of management, and Dr. Chen Wu, assistant professor of economics, released the report in March, prompting strong interest and inquiries from both the public and private sectors. Substantial media coverage has included pick-ups by the Associated Press, Union Leader, and US News and World Report, among others.
The report featured input from the New Hampshire Division of Economic Development, and its results will help shape policy and economic growth by providing key information to foreign companies looking to establish operations in the state. Local exporters, importers, and other firms will be able to also use this information for identifying saturated or prospective markets and business networks.
“Plymouth State University’s comprehensive analysis of foreign direct investment in New Hampshire is substantial and important,” says Taylor Caswell, commissioner of the New Hampshire Department of Business and Economic Affairs. “This work will be highly useful as part of our department’s growing concentration on key geographic areas and sector emphasis as we refocus New Hampshire’s international commerce activities.”
“The report is a shining example of why public universities exist and is at the heart of Plymouth State’s commitment to this region, all New Hampshire residents, and the entire state of New Hampshire,” says President Donald L. Birx. “It highlights the kind of work our faculty and students do every day, important, cutting-edge research that provides businesses, residents, and government entities insight into challenges and opportunities that can increase business, job opportunities, and spur economic growth.”
Tags: Business Administration Chen Wu international Roxana Wright