Research On The Influence Of FDI On China's Independent Innovation Ability

Since the reform and opening up to the outside world,in order to attract foreign investment,the Chinese government has successively introduced a series of preferential policies,so that the inflow of FDI has continued to increase in the past 30 years.Although the entry of foreign capital has promoted China's technological progress and the rapid economic development in more than 30 years,it must be carried out with developed countries when the economic level of developing countries reaches a certain level and they hope to further enhance international competitiveness through industrial upgrading.Competition,at this time only rely on independent innovation and research and development of core technologies and access to independent intellectual property rights,to achieve industrial upgrading.Faced with the challenge of the major strategic deployment of independent innovation in the new era,how to treat and evaluate the role and impact of FDI on the country's independent innovation capability directly affects the future direction of foreign investment policy in China.However,domestic scholars have not studied these issues so far.Conclusion.Some scholars believe that the use of FDI is an important way for developing countries to upgrade their independent innovation capabilities.FDI can influence the host country's independent innovation capabilities through technical channels and non-technical channels.Since foreign-funded enterprises often have higher technical levels than domestic companies,technology spillover effects allow host companies to innovate on the basis of digesting and absorbing the technical knowledge brought about by the movement of people,and competition effects also force domestic companies to develop more.Input.However,many scholars have pointed out that the technology brought by foreign capital is often relatively backward with respect to the investing country,and excessive entry of foreign capital leads to excessive dependence of host country enterprises on their technology and loss of market due to lack of competitiveness,thus losing the ability to invest in research and development.Therefore,based on the theoretical research and the urgent need of nationalpolicies,this paper focuses on the research on the "independent innovation effect" of FDI.Through combing the theoretical and empirical research literature on the influence of foreign direct investment on independent innovation,this paper analyzes the mechanism of foreign direct investment affecting independent innovation.In contrast to most studies focusing on the impact of FDI on innovation output,this paper conducts a quantitative study of the correlation between FDI and innovation input and efficiency at the current stage,and proposes to promote Chinese enterprises from the perspective of foreign direct investment based on research conclusions.Suggestions for further improvement of independent innovation capabilities.In this paper,through theoretical and empirical research,we conclude that foreign capital entry promotes both R&D investment and efficiency.This conclusion supports FDI's “promotion theory” on China's independent innovation capability.Its practical significance in policy is to support the domestic market.The further opening of high quality foreign investment.After a period of frenzied introduction of foreign investment,China's foreign investment policy should enter a stage that focuses more on quality and injects new impetus into the long-term sustainable development of China's economy.First of all,we should establish a proper negative list and implement it strictly to control the foreign investment transfer to crude and other industries such as pollution and high energy consumption.Second,we should identify the technical level of foreign-funded projects and assess the technical spillover effect of foreign investment projects to be introduced.Actively introduce advanced foreign-funded enterprise technology to promote the process of independent innovation;finally,we can encourage local companies,research institutes,universities and foreign-funded enterprises to jointly conduct research and development,or establish joint research and development institutions in the country to guide foreign-funded enterprises The country conducts continuous R&D to promote the continuous transfer of technology to domestic enterprises.