Date of Award

Summer 8-5-2016

Author Requested Restriction

Restrict to UW for 2 years - then make Open Access

Work Type

Ed.D. Capstone Project

Degree Name

Doctor of Educational Leadership (EdD)

Department

Education

First Advisor

Ginger Louise MacDonald

Second Advisor

Douglas Wills

Third Advisor

Richard C. Wilkinson

Abstract

This qualitative research project aimed to provide a comprehensive review of a deficiency in foreign direct investment (FDI) in Tacoma, the causes of that insufficiency, and the possible resolutions that could change the stagnation and attract more FDI. By analyzing the data collected mainly via interviews and survey, the paper revealed reasons Tacoma has lagged behind other similar cities in attracting FDI, where the gaps exist, and what kinds of educational programs could be applied to enhance the FDI literacy and competency. Case studies on other similar cities offer Tacoma lessons and experience on how to grow FDI. This project emphasized the importance of FDI in Tacoma’s globalization and highlighted the necessity of Tacoma adapting changes and transformation to develop FDI, which is a way to establish Tacoma’s place in a global economy. The study developed the conceptual frameworks to explain the perspectives of viewing FDI favorably as an integral element of overarching local economic development strategies. Also discovered was Tacoma’s tendency to derive incoming FDI from developing countries rather than the developed countries. Further exploration posited that a friendly city culture and favorable policies accelerated the progress of forging a welcoming environment for FDI. Based on the recommendations to boost FDI coming into the city, the paper concludes that, the constructive approaches are to find the potential investors by applying international educational exchange as an antecedent vehicle, and to cultivate the local work force serving FDI by conducting the designed adult educational program to enhance FDI literacy.

Share

COinS