Research on the Influence of FDI on the Ability of Independent Innovation of Henan Province

Abstract

Since the 1990s, Foreign Direct Investment (FDI) has played a more and more important role in the economic development of Henan Province. Especially in recent years, FDI has always played an important role in the technological progress and economic transformation of Henan Province. This article uses a combination of theoretical and empirical methods. The first step analyzed the relevant domestic and foreign research situation, at the same time demonstrated the article's empirical analysis ideas and analysis methods, and analyzed the current situation of the current FDI introduction in Henan Province, using the entropy method to quantify the status of independent innovation capability in Henan Province. In the empirical study, we selected data from Henan Province for 10 years, selected the comprehensive evaluation value of independent innovation capability of Henan Province as the dependent variable, FDI and foreign trade dependence degree as two main independent variables to conduct linear regression analysis and examine them through cointegration test. The causal relationship between. The research results show that: FDI has a positive effect on the development of independent innovation capability in Henan Province. The article finally proposes corresponding policy recommendations based on the previous theoretical and empirical research.