This study is a synthesis of the authors' research on the investment development path (IDP) concept as applied to Poland and investigated from the point of view its general trajectory as well as geographic and industry/sector idiosyncrasies. Collected data cover a time span ranging from the beginning of the country's transition to a market led system until 2006. All those three points of view provide grounds for specific economic policy recommendations. The major challenge is to sustain substantial FDI inflows and at the same time spur outward FDI outflows to much higher levels.