防禦型對外直接投資與內生化研發水準

Defensive Foreign Direct Investment and Endogenous R&D

陳建隆(Chien-Lung Chen) ； 徐芳霞(Fung-Shia Hsu)

《經濟論文》 31卷4期 (2003/12) Pp. 577-603

https://doi.org/10.29628/AEP.200312.0002

摘要

本文以防禦型對外直接投資為對象，探討對外直接投資對廠商研發水準之影響，以及廠商的研發活動與技術外溢效果如何影響廠商的對外直接投資決策。以往探討研發水準與對外直接投資關係的文獻，皆以擴張型對外直接投資為分析對象，本文則以為了尋求降低生產成本而進行之防禦型對外直接投資為分析對象。我們考慮一三階段的賽局，在第一階段，本國廠商決定是否進行對外直接投資；第二階段，本國廠商與外國廠商決定研發水準；第三階段，本國廠商與外國廠商決定產量。本文發現，對外直接投資會降低地主國廠商之研發水準，但對投資國廠商研發水準之影響則須視情況而定。且廠商的研發活動與技術外溢效果會減少廠商進行對外直接投資的可能性。

關鍵字

防禦型對外直接投資 ； 研發水準 ； 技術外溢效果

並列摘要

This article examines the impact of defensive foreign direct investment (FDI) on R&D levels, as well as the effects of R&D activities and technological spillovers generated from FDI on firms’ decision-making of FDI. Previous research concerning the relationship between R&D and FDI only focused on the domain of expansionary FDI. In contrast, we try to analyze the relationship between defensive FDI and R&D. A three-stage game is considered in this paper. At the first stage, the home firm determines whether to undertake FDI or not. At the second stage, both home and foreign firms decide how much to invest in R&D. At the third stage, they decide how much to produce. It is found that FDI reduces firms’ R&D levels in the host country, while the impact of FDI on firms’ R&D levels in the source country depends on parameter values of the model. Moreover, R&D activities and spillover from FDI reduce the likelihood of undertaking FDI.

並列關鍵字

Defensive foreign direct investment ； R&D ； Spillover effect

參考文獻

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