讲座主题：The Impact of FDI Inflows on Innovation: Evidence from China
主讲人：潘士远
主持人：陶锋
讲座地点：304会议室
讲座时间：2020年12月1日15:00
【讲座摘要】
We study how inflows of foreign direct investment (FDI) affect domestic firms’ innovation, using matched firm-level patent data of Chinese firms. The comprehensive data that include both patent counts and citations, together with an identification strategy for exogeneous changes in China’s FDI based on Lu et al. (2017), allow us to overcome two major challenges in research design, namely, to fully measure innovation and to identify a causal relationship. We find that FDI exerts positive intra-industry effects on both the quantity and quality of Chinese firms’ innovation. We show that these positive effects are driven by increases in market competition due to FDI, rather than by horizontal knowledge spillovers. However, we find that (backward) vertical knowledge spillovers from FDI increase innovation in upstream sectors.
【主讲人简介】
潘士远，浙江大学经济学院教授、博士生导师、副院长，教育部人文社会科学重点研究基地浙江大学民营经济研究中心主任，入选国家百千万人才工程。研究兴趣主要集中于经济增长理论、创新经济学和中国经济。已在International Economic Review等国外顶级刊物和国内权威刊物《经济研究》等发表论文50余篇。
