Study On The Impact Factors Of High-tech Multinationals’ R&D Investment In China

High-tech industry is among one of the highest opening to the world and MNCs always play a leading role in the development of Chinese high-tech industry. Since joining into the WTO, R&D investment of MNCs in Chinese high-tech industry has been increased a lot.This article is the analysis conducted for this phenomenon, it start from analyzing investment environment of different factors in attracting R&D investment to find the further relationship between them.Based on the review of multinational R&D globalization theory and research results both at home and abroad,this article analyzed on the current situation of high-tech industry investment in multinational companies in our country.In terms of sources of funding R&D investment, industry distribution and geographical distribution, it further explored the characteristics in the R&D investment in china. Meanwhile it summarized multinational R&D investment in the development process and the impact on Chinese high-tech industry,at last this article conducted an overview and summary of multinational high-tech industry R&D investment in China.Focused on the Multinational R&D investment for the current situation in our country, this article based on the combination of domestic and foreign scholars of the factors affecting multinational high-tech industry R&D investment in China. The purpose of multinationals that come to China, mainly because of seeking broad market, inexpensive high-quality talent and good R&D public environment. Faced with this situation, the paper choose the targeted total of nine sets to analyze the situation 2000-2013 annual R&D investment,and they are FDI, GDP, market competition, wage costs, personnel supply, R&D institutions, protection of intellectual property, infrastructure and communication status and the degree of government.Finally, the empirical results show that the above nine factors in attracting R&D investment has all played an active role,of which the impact of market size and the degree of intellectual property protection are especially important.While other different factors for the various sub-sectors of the high-tech industry varies a lot.According to the results of the model mentioned above, the paper gives some suggestions on how to further improve the investment environments so as to attract more foreign R&D investments. Finally, this article put forward the vision of the future in view of the conditions, in order to acquire more achievements in the future.