Title: Theoretical and Empirical Study of the Impact of Foreign Direct Investment on China's Technology Innovation
Abstract: This paper,based on the endogenous economic growth model put forward by Romer,explores the impact of FDI on technological innovation by use of theoretical analysis,concludes that FDI has positive technology spillover effect to the host country,and a test is made on the influence of FDI on China's technology innovation by using of spatial panel data model based on Chinese provincial panel data set of yearly observations covering the time period 2000- 2012. The results show that our country's technological innovation has significant spatial correlation; FDI has effectively promoted our country's technological innovation; FDI combined with human capital can better play the technological spillover effects of FDI in our country. The Chinese Government should formulate preferential policies to fully develop technological spillover effects of FDI in our country.
Publication Year: 2015
Publication Date: 2015-01-01
Language: en
Type: article
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