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A Research on the Spillover Effects of Foreign-Funded R&D on the Host Technical Innovation:In the Case of Shanghai

WU Jingfang

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Abstract

Based on the framework of the RD input and output analysis, this paper empirically examines the spillover effects of foreign-founded RD on the technical innovation capacities of Shanghai enterprises.The result shows that foreign-funded RD has a significant direct spillover effect, which is positive with the gross product of Shanghai, the RD input, and the market of new product. But the indirect spillover effect is comparatively weak. In particular, there is a negative impact of foreign-funded RD on the input of technical development personnel.

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What this paper is about

Based on the framework of the RD input and output analysis, this paper empirically examines the spillover effects of foreign-founded RD on the technical innovation capacities of Shanghai enterprises.The result shows that foreign-funded RD has a significant direct spillover effect, which is positive with the gross product of Shanghai, the RD input, and the market of new product. But the indirect spillover effect is comparatively weak. In particular, there is a negative impact of foreign-funded RD on the input of technical development personnel.

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Available abstract

Based on the framework of the RD input and output analysis, this paper empirically examines the spillover effects of foreign-founded RD on the technical innovation capacities of Shanghai enterprises.The result shows that foreign-funded RD has a significant direct spillover effect, which is positive with the gross product of Shanghai, the RD input, and the market of new product. But the indirect spillover effect is comparatively weak. In particular, there is a negative impact of foreign-funded RD on the input of technical development personnel.

Key concepts: Spillover effect, Knowledge spillover, Product (mathematics), Foreign direct investment, Business, R&D intensity, Industrial organization, Economics

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