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1、Front.Econ.China2010,5(3):489–508DOI10.1007/s11459-010-0109-xRESEARCHARTICLEJiyongChen,YangyiSheng,WeiLiu,YiboZhangAnEmpiricalStudyonFDIInternationalKnowledgeSpilloversandRegionalEconomicDevelopmentinChina©HigherEducationPressandSpringer-Verlag2010AbstractThisarticlehasconstructedaframework
2、toanalyzetherelationshipbetweennationalinnovationinvestments,internationalknowledgespilloverduetoFDIandregionaltechnologicalprogress.Weusethepaneldatasamplein1992–2006fromChina’s29provinces(municipalitiesorautonomousregions)totesttheimpactofChina’sregionalR&Dinvestments,internationalknowled
3、gespilloversofFDIonitsregionaltechnologicalprogress.Itrevealsthatthelocalinvestmentsinscienceandtechnologyarethemostimportantfactorstopromotetechnologicalprogress;forthestructureandqualityofChina’scurrentFDI,theknowledgespillovereffectsfromFDI,especiallythroughtheFDIenterprises’manufacturin
4、gactivities,arenotobvious;thelocalgainsinitstechnologydevelopmentfromFDIdependsonitseconomicandtechnologicallevel.BasedontheaboveconclusionswegivethecorrespondingpolicyrecommendationsforChina’sFDIpolicyandregionaleconomicdevelopment.KeywordsFDI,knowledgespillover,Chinaregionaleconomicdevelo
5、pmentJELClassificationF21,O33,R11Withtherapiddevelopmentofknowledgeeconomyandeconomicglobalization,FDIhasbecomeanimportantchanneltoacquireadvancedtechnologyalloverTranslatedandrevisedfromJingjiYanjiu经济研究(EconomicResearchJournal),2008,(12):39–49JiyongChen(*),WeiLiu,YiboZhangEconomicsandManag
6、ementSchool,WuhanUniversity,Wuhan430072,ChinaE-mail:cjyhubei@163.comYangyiShengDevelopmentResearchCenter,ThePeople’sGovernmentofGuangdongProvince,Guangzhou510031,China490JiyongChen,YangyiSheng,WeiLiu,YiboZhangtheworld,especiallyfordevelopingcountries.Itnotonlyincreasecapitalstocks,improveth
7、eefficiencyofinvestmentsandofferjobopportunities,butalsoacquireforeignadvancedtechnologyandpromotedomestictechnologicalprogressandeconomicgrowthwithlowercostandhigherspeed.Sincethereformandopeningup,foreigninvestmentsattractedbythefavorablepoliciesinChin
