Study on Impact of Technology Spillover on Technology Transfer and Technology Innovation in Host-Country Firms

With technology becoming the key factor for national economic growth, as important way for developing countries to obtain technology, international technology transfer is attached great importance to. This paper makes study on the transmission mechanism of technology spillover, technology transfer and technology gap based on Blomstrom and Nakamura' models. The results show that the level and pace of technology transfer depends on host-country firms' independent innovation, technology gap, and technology transfer costs. Operating in the segment market without a direct competition with multinational corporations, implementing the product differentiation strategy combing with local demand and customer-orientation, and creating effective competition environment are the inevitable paths for host-country firms to attract multinational technology transfer.