Impacts Of Regional Innovation System On MNCs Setting Up R&D Centers In China

FDI, taking MNCs as the main carrier, is playing important role in today's economy in the world. One of new tendencies of FDI is the globalization of MNCs' R&D day by day. The existing research indicates that the technical overflow effects brought by MNCs' R&D are helpful in impelling technology innovation and overall economy development in host countries. From the host countries' angle, the article discusses the impacts of regional innovation system on attracting MNCs' R&D.The paper consists six chapters. Chapter 1 mainly focus on subjects, backgrounds, ideas and methods of the research. Chapter 2 introduces theoretical basis of regional innovation system and MNCs' R&D internationalization for empirical analysis. Chaper3 gives a general exposition of development situation of MNCs setting up R&D centers in China, and then analyzes the impacts of regional innovation system on MNCs setting up R&D centers in China. Chapter 4 studies empirically the relationship between regional innovation system and MNCs' R&D and establishes the linear regression model. Chapter 5 lists typical cities of regional innovation system and learns from Bangalore, India in the experiences of regional innovation system, which tells us the differences between Bangalore and China. The final chapter proposes political suggestions on attracting MNCs setting up more R&D centers in China, which is based on various subsystems of regional innovation system.The innovation points of this paper: 1. From the perspective of host countries to study. Most scholars studies on the perspective of MNCs. There is little study on the perspective of host countries, especially against the relationship between regional innovation system and MNCs' R&D. The paper studies from the perspective of host countries, and studies empirically on the relationship between regional innovation system and MNCs' R&D. According to the empirical results, the paper proposes improving regional innovation system to attract more and more MNCs' R&D centers in China, and proposes political suggestions to guide the reasonable distribution of R&D centers in China. 2. From the perspective of regional innovation system to study. The existing scholars mainly study from the perspective of location of MNCs to analyze influencing factors. There is little study from the perspective of the whole innovation system, not only considering several factors. In this way, the paper analyses impacts of five composite indicators including knowledge innovation, knowledge acquisition, technology innovation, innovation performance and innovation environment on MNCs' R&D. This is another innovation of the paper.