相对于发达国家之间的传统投资模式,针对发展中国家的R&D海外投资成为R&D国际化的一个主要趋势,并且发展中国家的跨国公司也逐渐开始扮演R&D国际化的重要角色。本文在阐述R&D国际化新的发展特征的基础上,从创新系统的角度探讨了跨国公司积极开展海外R&D对东道国及母国所产生的潜在影响。 Compared with the traditional investment model among developed countries, overseas investment in R & D for developing countries has become a major trend of internationalization of R & D, and multinational corporations in developing countries are gradually beginning to play an important role in R & D internationalization. Based on the new features of internationalization of R & D, this paper explores the potential impact of multinationals’ active overseas R & D on host countries and home countries from the perspective of innovation system.