The Study On The Impacts Of Outward Foreign Direct Investment On Industrial Technology Progress In Home Country

With the improvement of the world overall economy and the deepening of the economic globalization, outward foreign direct investment has continued been the focus of the world economy. Currently, most of the scholars at home and abroad emphatically studied on the related theories and economic impacts of outward foreign direct investment, and only a few researches are about outward foreign direct investment of developing countries. Furthermore, most of these researches are focused on the location selection and industry selection analysis, and the research on technology is still limited. In recent years, China's outward foreign direct investment has got rapid development and it's necessary to reveal that whether the development of China's outward foreign direct investment has affected the industrial technology progress in China. In view of this, this thesis has certain theoretical and practical significance by making analysis on the relationship of the China's outward foreign direct investment and the industrial technology progress.This thesis combined the knowledge of international investment, industrial economics and some other subjects, and researched on the industrial technology progress impacts of the homeland from outward foreign direct investment. This thesis was divided into five chapters. The first chapter summarized the background and significance, research status, research methods and the main content. The second chapter discussed the foreign direct investment theory and the technical progress theory of both developed countries and the developing countries. The third chapter analyzed the influence factors of outward foreign direct investment which affected the industrial technology progress of the homeland, and discussed the influence mechanism and path of it. The fourth chapter analyzed the current situation of China's outward foreign direct investment, and based on the theoretical analysis and practical data of China, this thesis made empirical test on the relationship of China's outward foreign direct investment and industry technical progress. From the industry perspective, the results showed that China's outward foreign direct investment can promote industrial technological progress. From the business perspective, China's specific industries had different influence on industrial technology progress. The fifth chapter summarized the main research results and look forward to the further research work.The main innovations of this thesis included the following aspects. From the homeland perspective and different from the previous research literature classification standards, this thesis discussed the influence mechanism and path of outward foreign direct investment to industry technology progress and raised the conception of imitation-oriented innovation FDI and cooperative learning -oriented innovation FDI. Different from the previous regional perspective, this thesis analyzed the technical progress impacts from the industrial perspective. This thesis used Chinese actual data and two econometric methods to analyze the direct relationship between China's outward foreign investment and industrial technology progress both from the industry perspective and business perspective. However, this thesis also existed some disadvantages, such as the data collection was limited and caused the fact that the panel data was not enough to inspect the relationship among the foreign direct investment capital, R&D capital, human capital and total factor. In the future, the author will continue to study on these aspects in order to make further extensions and deepening.