Technology Spillovers from Foreign Direct Investment: In the Chinese High-Tech Industry
|School||Zhejiang University of Technology|
|Keywords||FDI High-tech industry Technology Spillover Influencing factors|
Since the 1990s , the inflow of foreign direct investment ( referred to as FDI) is increasing rapidly , China has become one of the world's most attracting FDI , the high-tech industry has become a dense field of foreign investment in our country . Open global economic conditions , the source of China 's technological progress has domestic and foreign resources for innovation , FDI has become a major international technology spillover channels . Some developing countries have even proposed a \Technology spillover mechanism and influencing factors ? FDI on technological progress of the host country, domestic enterprises have what affect it ? China 's high-tech industry as the research object , on the basis of description of the the FDI status quo of the use of high-tech industry , go into the details the theoretical basis of foreign direct investment and technology spillovers generated . Then the industry level panel data , by establishing econometric model empirical test FDI spillover effects in the high-tech industry , and packet regression method to test the factors that affect the size of the spillover effects . The results show that FDI in the high-tech industry does have a positive spillover effect , promoting the technological progress of the domestic enterprises . And absorb and digest the ability of domestic enterprises within the competitive level of the foreign-funded enterprises , foreign and domestic enterprises , the technology gap is an important factor to affect the size of FDI spillovers . Evidence special inspection multinational spillovers of RD activities carried out in our country , the results support \That multinational RD resources invested in China 's high-tech industry has had a positive spillover effect , has a role in promoting domestic -funded enterprises , R \u0026 D capabilities . Finally , on the basis of the empirical results presented policy proposals to make better use of FDI technology spillovers .