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Abstract

The article is aimed at studying the impact of FDI on the development of the high-tech sector of the economy. R&D effects are analyzed through the location of branches of foreign enterprises. The positive and negative technological spillover effects and FDI inflow consequences are considered. Foreign investment is assessed as a factor of economic development, modernization, income, and employment growth. The radical innovations' implementation by the innovative TNCs have been highlighted. The assessment of the success of the most innovative companies confirms the usage of artificial intelligence, platforms, and ecosystems. JEL: M20, M21, M29.