FDI And Technological Progress In The Process Of Economic Growth

Since reform and opening-up over the past more than 20 years, China's economic has integrated with the world economic development in constant upgrading. Under the economic globalization and regional economic integration background, a country or region's economic growth can't separate from the resources of the domestic and international markets. Since the beginning of reform and opening up, China's economic development is obvious to all. The economic status in the world is continually rising. The foreign capital has brought positive growth effects, which is pouring into the Chinese economy and Chinese development of the regional economy to promote the formation and accumulation of material wealth.In recent years, as the inrush of the foreign direct investment, people did not affirm the capital effects and growth effects of FDI inflows, but pay more attention to the effects of technological progress as well. Although many scholars support the positive attitude that FDI brought about the technological progress in China's economic development from many points of view, an increasing number of politicians and academics think the technology transfer which was brought about by FDI is not conducive to China's independent innovation capabilities. Some studies show that the large number of foreign technology that FDI brings along with possess a technology "crowd-out" effect for local original, and do not bring the qualitative leap in technological innovation. In the implementation of a market for technology strategy, opening the market does not obtain a corresponding access to technology upgrading. There is the larger gap away from the original intent. The result brought by substantial FDI is the core technology deficiency, and this is a reality we must face.Along with the implementation of "The Eleventh Five Years" planning, changing the mode of economic growth and improving the capability of technical innovation in an important position has referred to the important agenda. Accelerating technological progress in economic growth is an important part of the scientific development...