| Innovation is the endogenous power of enterprise development,which can make enterprises create competitiveness and maintain competitive advantage in the market.Since the 21 st century,the era of knowledge economy has begun.Made in China 2025 puts forward a new development concept of "innovation driven and independent development",emphasizing the role of knowledge reserve in independent innovation.In order to achieve sustained economic growth and rapid social development,the power of knowledge cannot be ignored.The 2018 Sino US trade war reflects that innovation and technological progress are important to be in the forest of the world.Knowledge is the basic element of innovation activities which can be divided into internal production and external acquisition.The knowledge generated within the enterprise is limited.From a practical point of view,it is difficult to achieve sustainable innovation activities only relying on the accumulation of knowledge within the enterprise as the basis of innovation.Knowledge has certain externality,that is to say,it can produce spillover effect,that is,other parties can acquire knowledge through learning and communication,but their knowledge will not be reduced.Knowledge can realize cross regional flow and regional knowledge spillover,which can greatly stimulate the innovation vitality of knowledge owners and recipients,and promote the complementary linkage of their enterprise innovation capabilities.Regional knowledge spillover provides enterprises with another powerful way to acquire knowledge.Meanwhile,in the process of knowledge spillover,the absorptive capacity of enterprises is also a very important part.Therefore,how to make use of regional knowledge spillover effect and combine the absorptive capacity of enterprises to promote enterprise innovation has certain research significance.In addition,with the development trend of economic globalization becoming more and more obvious,more and more large-scale enterprises establish transnational corporations to participate in the cooperation and competition in the international market.In recent years,China's rapid economic development,open and inclusive market environment,has attracted a large number of foreign-funded enterprises to invest in.For foreign-funded enterprises,what kind of impact does regional knowledge spillover bring to enterprise innovation,and whether it can provide favorable reference when choosing location,so as to promote the smooth development of investment activities,and how should our government promote knowledge spillover and promote This paper hopes to provide some meaningful suggestions in these aspects.Based on the knowledge production function,this paper uses the data in China Statistical Yearbook to calculate the regional knowledge spillover effect in China from 2009 to 2016,measures the innovation performance of foreign-funded enterprises according to the data of foreign-funded enterprises in the Statistical Yearbook of China's High-tech Industry.Explore the relationship between regional knowledge spillover and innovation performance of foreign-funded enterprises according to the calculation results.In addition,the moderating effect of absorption capacity is added to study its influence on the relationship between the two,and the corresponding development policies are put forward according to the research results.Here is the conclusion of this paper.The innovation performance of foreignfunded enterprises in China is obviously positively affected by the knowledge spillover of geographical proximity in other provinces.The higher the geographical proximity is,the greater the knowledge spillover effect will be,and the better the innovation activities of enterprises will be promoted;In addition,knowledge spillovers from technology neighboring areas have a negative impact on innovation performance.This is due to the limited innovation resources,unbalanced regional development,fierce competition among regions and so on.In view of this conclusion,this paper puts forward countermeasures and suggestions to foreign-funded enterprises and governments respectively,emphasizing that foreign-funded enterprises should make full use of the convenience of knowledge spillover,also pay attention to their own absorption capacity,improve the efficiency of absorption and transformation;the government should pay attention to resource coordination,increase investment in innovative resources,and help the development of foreign-funded enterprises. |
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