The Impact of FDI on Local Innovations in China

Evidence from Beijing-Tianjin-Hebei Urban Agglomeration, 2011-2018

DOI

10.2991/aebmr.k.220307.443How to use a DOI?

Keywords

FDI; entry scale; entry pace; innovation; Beijing-Tianjin-Hebei region

Abstract

Innovation and Foreign Direct Investment (FDI) are two major sources of economic growth. The State Council’s executive meeting urged further taking forward the nationwide initiative spurring innovation to unleash social creativity. Empirical studies of FDI effects on innovation with prefectural data are rare, this paper uses prefectural data to analyze the impact of inflow FDI on domestic innovative activities in China. Using panel data of 13 cities in Beijing-Tianjin-Hebei Urban Agglomeration from 2011 to 2018, this study finds that the scale of FDI has a significantly positive effect on local innovation. Also, the result shows that the higher entry pace of FDI brings a negative effect on innovation of domestic enterprises.

Copyright

© 2022 The Authors. Published by Atlantis Press International B.V.

Open Access

This is an open access article under the CC BY-NC license.

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TY  - CONF
AU  - Yunxin Ye
PY  - 2022
DA  - 2022/03/26
TI  - The Impact of FDI on Local Innovations in China
BT  - Proceedings of the 2022 7th International Conference on Financial Innovation and Economic Development (ICFIED 2022)
PB  - Atlantis Press
SP  - 2719
EP  - 2722
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.220307.443
DO  - 10.2991/aebmr.k.220307.443
ID  - Ye2022
ER  -