Study Of Chinese Pull Investment Strategy On The Base Of Multi-national Corporations R&D Internationalization

Multi-national corporations (MNCs) have played a more and more important role in the world economy since last 60's. They control 1/3 manufacturing, 2/3 trades and more than 70% of technology innovations of the whole world. Now with the coming of intelligent economic and information society, MNCs realized the importance of technology for their competitive advantages more and more. They changed the traditional strategies of taking motherland as R&D center, began to adjust the globalization strategy to the global technology strategy and made the R&D internationalization becoming a trend.As another objective of internationalization of MNCs' R&D, the host country accepted influence from the tide of R&D internationalization from many aspects. There are positive effects as well as negative ones. Since for host countries the different power in economy and technology determines their different position in the process of R&D internationalization, the effects of R&D internationalization to different host countries are therefore different, too.Since the reform and opening in China, the globalization tide of multinational R&D has come to China. Some famous MNCs established R&D institutions in China, which helps us to get the advanced technology and promoted the development of China's socialist marketing economy in one hand and in the other hand, hit the national industries.Our government always pays attention to pull foreign investments but got a not so good result. Although we pull great sums of investments, our technology did not promote as well. So how to high the quality of the investment, pull more R&D investment and profit from R&D internationalization is our urgent problem to result.This article analyzes the characteristics reasons of R&D internationalization in light of the MNCs theories and other strategic management theories. The author induces systemically the theory of R&D Internationalization of MNCs, analysis and forecast the trend of R&D Internationalization of MNCs. The author also tries to analysis the reason of strategy of R&D Internationalization of MNCs in the perspective of business resource and core competence theory. On these basis, theauthor analysis the effects on host-country's technology innovation of R&D internationalization theoretically and in practice. In recent years, most large MNCs carry out R&D in China and this will have great impact on technology innovation strategy and technology introduction strategy. So the author analyzes the status quo, characteristics and effect of foreign R&D investment at last and discuses how Chinese government and firms pull more high-quality R&D investment.