Fdi On China's Independent Innovation Capability Of Technology Spillovers: Based On The Experience Of The Industry Grouping

The new economic growth theory states that technical progress is the ultimate fountain of economic growth and development for one country or area. As technical progress derives from domestic technology innovation or foreign technology spillover, FDI turns to be the important carrier of technology spillover. China has attracted huge amount of foreign capital during more than 30 years reform and opening and this paper intends to answer the very question of the influence of the inflow of foreign capital on Chinese enterprise independent innovation. The paper mainly explores mechanism effect made by technology spillover of foreign capital in the way as follows :to examine the effect of the acquisition of technology spillover of domestic enterprise by using industrial data recorded in China Statistics Yearbook and China Statistics Yearbook of Science and Technology from 2001 to 2008;to analyze the possible difference of the technology spillover effect among different industries divided into 4 groups according to R&D intensity(high, high and medium, low and medium, low).he empirical results are as follows :from the industry overall,2 of the 4 kinds of mechanism that is HR flow, backward linkage and market competition exert significant influence on industrial independent innovation with the other 2 kinds of mechanism that is modeling and forward linkage indistinctive influence ;viewing from the industry group ,foreign capital has significant effect of technology spillover on the independent innovation of the high-tech group through competition effect ,HR flow effect and backward linkage effect and the high and medium tech group mainly depends on HR flow effect and backward linkage effect to take distinct technology spillover effect. Low-tech group relies on the competition effect and HR flow effect to achieve technology spillover effect of foreign capital and there is no empirical support of any influence by foreign capital'technology spillover on the low and medium group through 4 kinds of mechanism .Lastly ,this paper proposes policy suggestions and prospect of future research on the basis of the analysis and examination above.