Impact of Foreign Direct Investment on Innovation Capacity of High-tech Industries
Driven by the"innovation-led"development strategy,investment has become an important international technology transmission channel to promote China's innovation and development.In order to study the impact of FDI on high-tech industries,the panel data of 12 provinces and cities in the east from 2005 to 2021 are used for empirical analysis.The panel data linear regression model is used to find that FDI has a positive linear relationship with high-tech industries.The financial strength is used as the threshold value to test the impact of FDI on the innovation ability of high-tech industries.It is found that the financial strength has a significant single threshold effect and double threshold effect on FDI.There is a non-linear relationship between FDI and the innovation ability of high-tech industries.When the financial strength reaches a certain threshold,the direction and degree of FDI on the innovation ability of high-tech industries will change.
FDIInnovation Capability of High-tech IndustryThreshold ModelFinancial Strength
万方数据
维普
