The Effects of OFDI on Home Country R&D: Case of Manufacturing Industry in Taiwan

[[abstract]]過去對外直接投資(Foreign Direct Investment, FDI)的相關文獻較缺乏對母國的影響、以新興工業化國家(Newly Industrialized Country, NIC)作為研究標的以及對研發水平的討論，並鮮少另用產業特性以及投資區位的不同再進而探究對外直接投資所帶來的影響。因此，本研究將整合以上所述的理論發展，以期能以更廣泛的角度來建立觀念架構，並能更完整的解釋對外直接投資對於母國研發水平的影響。本研究將以台灣製造業為探討對象，而相關實證分析顯示，對外直接投資、對中國大陸投資、對中國大陸以外之其他國家投資對於母國之研發水平有顯著的解釋能力，然而，這些因素亦會受到產業特性的不同，而有不同的影響。關於產業特性，本研究將透過科技機會作分群，以探討在高科技機會產業下，對外直接投資、對中國大陸投資以及對中國大陸以外之其他國家投資對於台灣母國研發水平的影響是否有所不同。[[abstract]]This research examines empirically the relationship between outward foreign direct investment (OFDI) and home country research and development (R&D). It is marked out from existing studies in the following three respects. First, instead of advanced economies, it focuses on the home country employment effect in a newly industrialized economy. Second, it not only addresses the general issue of whether employment or production abroad complements or substitutes for employment in parent companies but also examines how OFDI contributes to R&D in the home country. Third, this paper allows the results to vary between high-technology opportunities industries and low-technology opportunities industries in order to find the extent to which the home R&D effect is moderated by industrial technology intensity. The results demonstrate that the location of investment and industry characteristics matter for explaining the effect of OFDI on home R&D.[[note]]碩