Based on the reverse technology spillover effect , the article studies the mechanism of ODI on China's independent inno-vation of high-end equipment manufacturing , and does the empirical research , using Engle-Granger two-step method , as an example of aviation equipment manufacturing . The results show that , ODI can promote the product innovation of China's aviation equipment manu-facture in short-term , but the promoting is limited by the gap between China and the powers of aviation equipment manufacture ;whether in short term or long term , ODI of China's has a positive impact on technology innovation of China's aviation equipment manufacturing . As the result of the cumulative effects of research and development , the promoting of long -term is greater than the short -term;in short term , excessive investment of per capita capital and fixed capital will generate a crowding -out effect of ODI .%本文基于逆向技术溢出效应,研究了ODI对我国高端装备制造业自主创新能力的影响机制,并以航空装备制造业为例,运用Engle-Granger两步法进行了实证研究。结果表明, ODI对我国航空装备制造业的产品创新短期具有明显的促进作用,长期的促进作用受限于我国与航空装备制造强国之间的水平差距;不论短期还是长期, ODI对我国航空装备制造业技术创新均具有正面影响,由于研发的累积效应,长期的促进作用要大于短期;短期来看,过多的人均资本和固定资本的投入会对ODI产生挤出效应。
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