FDI SPILLOVER EFFECT,INNOVATION ACTIVITIES AND TECHNOLOGICAL PROGRESS——THE EMPIRICAL STUDY OF CHINESE HIGH-TECH INDUSTRIES
Zhongyuan Zhang
Abstract
Zhongyuan Zhang
Abstract
The technological innovation input, human resource accumulation and FDI technological spill-over effect all have a positive effect on the technological progress. But there is a great difference result when we divide the whole industries into divisions by the different property right organization. The technological progress of state-owned enterprises is mainly rooted in human resource accumulation rather than the technological innovation input and has a disadvantage influence from FDI technological spill-over effect. On the contrary, the technological progress of foreign capital enterprises is mainly rooted in FDI technological spill-over effect rather than the technological innovation input nor human resource accumulation.
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The technological innovation input, human resource accumulation and FDI technological spill-over effect all have a positive effect on the technological progress. But there is a great difference result when we divide the whole industries into divisions by the different property right organization. The technological progress of state-owned enterprises is mainly rooted in human resource accumulation rather than the technological innovation input and has a disadvantage influence from FDI technological spill-over effect. On the contrary, the technological progress of foreign capital enterprises is mainly rooted in FDI technological spill-over effect rather than the technological innovation input nor human resource accumulation.
Key concepts: Technological change, Spillover effect, Foreign direct investment, Human capital, Business, Industrial organization, Resource (disambiguation), Economic geography