從歷史經驗來看，外資的引進對於大多數引資國而言，應是一大期盼。本文根據中國各省（市）於1998-2008年間的經濟數據，建立起一個包含人力資本、資本累積、國內研發投入，以及跨國企業所帶來的資金設備存量，建構一個開放的內生成長模型。此外更嘗試以人力資本存量作為衡量國內技術能力的指標，運用線性迴歸模型對追蹤資料進行效果分析，企圖探索引進外資與中國經濟發展的關係。本文研究發現：外來直接投資的效果，的確對中國經濟發展產生正面作用，並且在考慮到自身的技術研發能力後，其效果更加明顯；另一方面，人力資本累積、國內研發投入，都和總產出呈現顯著的正相關。整體而言，外來直接投資已對中國大陸經濟起了積極作用，也是其持續發展所不可或缺的關鍵因素。

From historical experience, the majority of foreign capital for the introduction of foreign countries, it should be a big hope. Based on China's provinces (cities) in 1998-2008 years of economic data, including establishing a human capital, capital accumulation, domestic R & D investment, and multinational companies brought about by the stock of capital equipment, construction of an open endogenous growth model. In addition, more attempts to measure human capital stock as an indicator of domestic technological capabilities, the use of linear regression analysis of the effects of panel data, an attempt to explore the introduction of foreign capital and China's economic development relationship.This study found that: the effect of foreign direct investment, indeed have a positive role in China's economic development, and taking into account their own R & D capability, its effect is more obvious; the other hand, human capital accumulation, domestic R & D investment, both total and output showed a significant positive correlation. Overall, foreign direct investment in China has played an active role in the economy, is essential for its continued development of the key factors.