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Title: Empirical Analysis of FDI Spillover Effects on Technological Innovation in Wuhan
Source: International Conference on Engineering and Business Management 2012(Part 5 Innovative Technology) (pp 3965-3968)
Author(s): Shaowei Jia, Wuhan University of Technology School of Economics, Wuhan, China, 430072
Abstract: With China attracting more and more foreign investment, FDI plays the economic effects, and it also affects local technology innovation ability. Wuhan has rich innovation resources, but the innovation ability is not given proper reflected. Whether the difference between Wuhan and the coastal areas is received by the size of the FDI influences or not? By using the amount of the actual use of foreign capital in Wuhan in 1994-2008, the paper demonstrates FDI in Wuhan area has the positive effect on local innovation ability. At the same time, by using grey relational analysis, it finds the correlation between the FDI and local three patents, and based on this, it gives effective suggestions for further promoting technological innovation ability in
Wuhan.
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