Silk Road Economic Belt: The Analysis about Performance of Spillovers and Innovation of China's Multinational Corporations

摘要

Under the current background of the construction of the Silk Road Economic Belt and the steady development of Chinese "Go Global" strategy, it is imperative to research the relationship between technology spillover and innovation ability of multinational companies. Based on the analysis of 2005-2014 ODI (outbound direct investment) data of countries along the Belt, especially Central Asia, we find out that China, in this context, vigorously increases direct investment to countries along the Belt. And the knowledge flow between Chinese multinational companies and local enterprises, not only prompts the promotion of local technical merit, but at the same time also improves the innovation ability and business performance of multinational companies.