Strategic Unification of Artificial Intelligence in Foreign Direct Investment Application Forms

  • Hansa Edirisinghe Department of Computer Science, IIC University of Technology, Cambodia
  • Ruvan Abeysekera School of Computing, ESOFT Metro Campus, Sri Lanka
Keywords: foreign direct investment, artificial intelligence, machine learning, neural network, robotics, expert systems, fuzzy logic, natural language processing

Abstract

A foreign direct investment (FDI) is a very popular method of investing overseas but different from a stock investment in a foreign company. It could be purchasing of an interest in a company by an investor located outside its borders and in most cases, governments pay special interest on them. This is a business decision to acquire a substantial stake in a foreign business or to buy it outright as to expand its operations to a new region. Embedding artificial intelligence (AI) across the business requires significant investment and a change in overall approach. It is highly constructive and productive transformation that should be planned professionally, applied systematically, and managed strategically. AI drives meaningful value to business through better decision-making and consumer-facing applications. The general perception about filling a FDI application is a cumbersome job. Some countries manage this stage very methodically and investors always give priority for them as they can commence the production/business activities within a short period. Those countries who fail to gain this competitive advantage tend to lose the FDI opportunities even if they own various other advantages of resources to attract investors. This paper attempts to evaluate the potential of embedding a strategic unification of artificial intelligence in the application forms used to fill by investors at the time of starting foreign direct investment projects.

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Published
2021-12-08
Section
Articles