Empirical Test of the Relationship between Technology Transfer and Independent R&D

Based on the data of technology transfer and independent R&D drawn from industrial large and medium-sized enterprises during the year 1991-2006, the models of Dynamics Econometrics, including ADF Unit root test, co-integration analysis and causal test, are used to analyze the connection between technology transfer and independent R&D. The result shows: technology transfer's crowding-out effect on independent R&D does not exist, yet, they also do not come into positive circle orbit. According to the empirical result, in order to make technology transfer and independent R&D into integrating, some proposals are put forward, and these proposals will help enhance Chinese enterprise's independent innovation capability.