Abstract: A Cournot model was used to analyze the relationship between absorptive capability of the developing countries and technology spillovers from MNEs of the development countries. This study reveals two conclusions. Firstly, the technology spillovers ratio increases as absorptive capability increases while absorptive capability of the developing countries is below the threshold value. At the same time, the home firm is willing to spend more money to gain technology spillovers, while the foreign firm is willing to spend less money to prevent technology spillovers. Secondly, while absorptive capability of the developing countries is exceed the threshold value, the technology spillovers ratio is determined by the trade off between the self-innovation and technology imitation, since the home firm has a relatively high level of technology.

摘要： 本文通过构建两阶段古诺寡头竞争模型研究了发展中东道国吸收能力对跨国公司技术溢出的影响，结果显示：当发展中东道国内资企业的吸收能力低于门槛值时，跨国公司技术溢出率会随着内资企业吸收能力的升高而递增，此时，内资企业愿意为获取技术溢出效应支付更多的费用，而跨国公司却减小为预防技术溢出效应而支付的费用；当发展中东道国内资企业的吸收能力高于门槛值时，由于此时内资企业具有相对较高的技术水平，此时的跨国公司技术溢出率主要取决于自主创新与技术模仿两者之间的权衡。