Affect Of FDI To R&D Knowledge Stocks Of Manufacturing In China

Since the seventies of the 20th century, especially with the acceleration of the economic globalization since the year of 1990, multinational corporations have become the entities of technology innovation, possession, and usage as their strong technical advantages, rich capital foundation and abundant knowledge storage. Also, they are the main force of promoting the development of the world economy, while the foreign direct investment and the international trade that they are the entities are the most important carriers of technology transfer. FDI does not only bring capitals, advanced technologies and management elements, but accelerate the process of management of the host country to gradually higher level progress, thus affects R&D knowledge stocks of the host country. Today, with increasing continuous of FDI to our country, we should especially pay attention to the promoting functions of FDI on our country's R&D knowledge stocks, which will directly affect the advance of level of knowledge management after FDI is introduced.Based on the analysis on utilizing FDI of our country, this dissertation established an intact theoretical analysis frame, from five aspects of industry characteristics of FDI and R&D knowledge stocks, increase approach of R&D knowledge stocks, affecting mechanism of FDI to knowledge stocks, and how FDI affect knowledge stocks of our coutry's high-tech and traditional mechanism, then analyzed functionary mechanism of FDI affecting R&D knowledge stocks of our coutry's mechanism.On the basis of theoretical analysis, this dissertation verified the conclusion by time series data through Granger test of causality. The conclusion of Granger test of causalty are : 1.On the different lagging time, affecting degrees of FDI to R&D knowledge stocks of our coutry's mechanism are different. There are cointegrations between FDI and R&D knowledge stocks of high-tech mechanism typify electrommunication equipment. When R&D knowledge stocks are more, electrommunication equipment mechanism enterprises can have more corporation opportunities with higher R&D knowledge stocks countries, then broaden deepness and extent of knowledge communion during corporation. Moreover, FDI flowed in will increase R&D knowledge stocks of electrommunication equipment mechanism. The FDI and R&D knowledge stocks are accelerating one another. There is no ointegrations between FDI and R&D knowledge stocks of traditional mechanism typify food mechanism. Also, there is no ointegrations between FDI and R&D knowledge stocks of the whole mechanism.