Location Selection Of Oversea R&D Investment Of Our Countries’ Enterprises

With the deepening of economic globalization, internationalization is no longerconfined to the production, marketing or so on. R&D field has set off a wave ofinternationalization. Overseas R&D investment originates in developed Westerncountries. After a period of development, it gradually spreads to developing countries.In the current world, the main bodies of R&D investment are still the United States,Europe, Japan and some other major developed countries. Although some developingcountries have some development in overseas R&D investment, their size, level andextent are still very low. In the internationalization wave of Investment R&D, China isstill in initial stage. In order to promote its development better, it is necessary to doresearch in Chinese overseas R&D investment. Now, researchers at home and abroadstudy overseas R&D investment location selection at the perspective of developedcountries. However, few researchers study Chinese enterprises overseas R&Dinvestment location selection problems. Therefore, there is a certain theoretical andpractical significance to use economic theory to study the factors of Chineseenterprises overseas R&D investment location selection, and propose thecorresponding location selection path.In this paper, writer uses both theoretical and empirical methods to do this study.In theoretical study, through studying a large number of relevant literature of domesticand foreign researchers, and the theory which is associated with location problems, tofind out the theory basis of enterprises overseas R&D investment location selection.On this basis, synthetically consider the factors of investors and the host country’slocation advantages. Then sum up the general laws of enterprises overseas R&Dinvestment location layout. On the status study, compare with the layout situation ofdeveloped countries, writer finds that there are some deficiencies about Chineseenterprises overseas R&D investment location layout, such as unreasonable industrialstructure of R&D investment, unbalanced location layout and so on. In empiricalresearch, study both macro and micro location condition of overseas R&D investment.In the study of the macro-location condition, use six aspects (market size, economicoutward degree, education, scientific and technological strength, science andtechnology investment and infrastructure) as the starting point, select16indicators,establish an evaluation index system of Chinese enterprises overseas R&D investment macro-location condition. At the same time, combine with different types of R&Dinvestment, then estimates score of different countries’(or regions’) R&D investmentlocation condition. The study shows, in the advantage location, our countries’ R&Dinvestment structure needs to be optimized; in good, medium and inferior location, thelayout is unreasonable. In the study of micro-location condition, because the relevantdata is limited, only propose the principle of location layout. When we determine thespecific locations about Chinese overseas R&D investment, the host country’sregional dominant industries and science and technology park area are the key factorsfor us to consider. Finally, draw conclusions of this study bases on comprehensivestudy and analysis, and propose relevant countermeasures about our business overseasR&D investment location selection.