为了不断提升企业的技术水平和创新能力,越来越多的企业选择进行对外投资寻求技术上的突破。在对外直接投资过程中,如何将被投资企业的先进技术水平成功转化为投资企业自身的创新能力成为研究的重点。因此,本文将从投资进入方式、逆向技术溢出路径以及影响因素三个角度剖析创新效应的反馈机制,以使企业更好地提高自身的创新能力。 In order to constantly improve the technological level and innovation ability of enterprises, more and more enterprises choose to seek outbound investment in technological breakthroughs. In the course of direct investment abroad, how to successfully transform the advanced technology of invested enterprises into the innovation ability of the invested enterprises becomes the focus of the research. Therefore, this article will analyze the feedback mechanism of innovation effect from the perspectives of investment approach, reverse technology spillover path and influencing factors so that enterprises can better improve their own innovation ability.