Research On The Impact Of FDI's Technology Spillovers On Domestic Enterprises' Ability Of Independent Innovation

FDI is not only the largest source of capital of developing countries, but also an important channel for them to gain technology spillovers. Recent years has witnessed the drastic inflow of FDI. Meanwhile, because of the implementation of localization strategy, a growing number of MNCs set their R&D centers and R&D institutions in China, increasing their technological investment in China. Then what's the impact of FDI's technology spillovers on the ability of independent innovation of domestic enterprises? What's the mechanism of such impact? What factors constraints FDI's technology spillovers? This study proceeds on the three aspects.On the basis of revising the basic theories of FDI's technology spillovers and independent innovation, this study discusses the impact of FDI's technology spillovers on domestic enterprises' ability of independent innovation and the factors influencing FDI's technology spillovers. Then it covers a typical case study of China's auto industry. Lastly, it forwards some countermeasures from the aspects of government and enterprises.The result of this thesis shows that, demonstration effect is an important channel of FDI's technology spillovers, while technology spillovers through the other three types of channels are not so obvious. Local investment environment is an important factor influencing FDI's technology spillovers.The investing mode of FDI also influences FDI's technology spillovers greatly. However, on the whole, the impact of FDI's technology spillovers is not very significant, domestic enterprises' input on R&D activities is the most important factor influencing their ability of independent innovation.The possible innovation of this thesis is that it analyses the mechanism of FDI's technology spillovers by employing industrial panel data, and discusses FDI's technology spillovers on different districts by categoring them into different groups according to their investment environment, it considers the different investing mode of FDI as one of the factors influencing its technology spillovers, and discusses such impact by using econometric model, and gains some enlightening conclusions that are different from existing research.