The Effectors Of The Technology Spillovers Of Foreign Direct Investment And Their Threshold Effects

Since the reforming and opening up, China has introduced a large number of foreign direct investment (FDI), at present, China has become one of the largest countries with the introduction of foreign direct investment. The technology spillover of FDI has enhanced our capacity of independent innovation and achieved a rapid upgrading of industries structure.In various studies on FDI technology spillover effects at home and abroad, most scholars believe that FDI would significantly promote the economic development of the host country, but some scholars found that the role of FDI on the host country’s economic growth is not obvious through empirical researches, and sometimes it will inhibit economic development of the host country. Therefore, the research of threshold effect of FDI spillovers appeared in the academic area, these scholars generally believe that FDI technology spillover effect is affected by many factors, and only when the host of many factors across the "threshold", FDI can promote the economic development of the host country.In this paper, in order to study the impact of host factors for FDI on technology spillovers, first we make an overview of the theoretical and empirical researches related to FDI and make a judgment that the threshold of FDI technology spillover is exist, then we use 15 provinces of our country to conduct theoretical and empirical study from 2003 to 2013, the result shows that there are differences in the various regions of FDI spillovers, in order to analyze the reasons for this difference, this article use regression models to study the threshold level by means of regional economic development, human capital, the degree of open areas and the industrial structure. The results show that the threshold level of regional economic development, human capital, the degree of open areas and the industrial structure does exist on FDI technology spillovers. Meanwhile, the paper also introduced the threshold level of the amount of FDI, the results indicate the presence of scale introduction of FDI has a reasonable range. Finally, this article put forward related policy suggestions respectively according to the different circumstances of each region.