FDI Spillover Effects, Indigenous Innovation Capability, and Regional Industrial Structure Adjustment: Based on Dynamic Panel Data Analysis of the Beijing-Tianjin-Hebei Urban Agglomeration in China

Dong Sun

doi:10.54097/drspf940

Authors

Dong Sun

DOI:

https://doi.org/10.54097/drspf940

Keywords:

Foreign Direct Investment; Indigenous Innovation; Industrial Structure.

Abstract

This article, based on the perspective of regional economics, utilizes data from the Beijing-Tianjin-Hebei urban agglomeration from 2013 to 2021. It establishes a dynamic panel model and introduces interaction terms between FDI spillover effects and indigenous innovation capability. Through empirical analysis, it examines the impacts of FDI spillover effects, indigenous innovation capability, and their interaction on the industrial structure of the Beijing-Tianjin-Hebei region.The research findings indicate that after introducing the interaction term,FDI promotes the enhancement of indigenous innovation capability, thereby optimizing the industrial structure with a noticeable synergistic effect. Therefore, leveraging the synergistic effect of FDI and indigenous innovation on the optimization and upgrading of the industrial structure is of significant importance for the high-quality development of the Beijing-Tianjin-Hebei urban agglomeration.

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