The Empirical Analysis of Technology Spillover Effect of China

Through the expanded trade spillover model, this paper carries out the empirical study on the four regions of the country by adopting provincial panel data to establish the technology spillover model, so that the influencing factors of the regional technological progress can be found. The empirical results present evidence that technological progress in China's four major regions mainly depends on domestic R&D capital spillover and technological innovation capability, whereas international technology spillover only plays a minor part. Specifically, technological progress in the eastern region mainly relies on independent innovation; and that is significantly promoted by FDI in the central region; technological progress in the western region depends on the injection of foreign capital and the capability of self-innovation; besides, technological progress in the northeast region is greatly promoted by domestic and foreign advanced technology spillovers. The empirical results provide instructive suggestions for the adjustment of the regional industrial structure.