Abstract: It is significant to study the effect of seeking higher technology of outward foreign direct investment (OFDI) firm on productivity. From the perspective of OFDI technology-seeking motivation, the paper makes an empirical study with data of China’s OFDI firms. The results show that: (1) OFDI technology-seeking motivation has a significant and positive effect on firm’s productivity, i.e. the higher the level of technological innovation in host country is, the higher the productivity of OFDI firm is;(2) The impacts of OFDI technology-seeking motivation on firm’s productivity are not only heterogeneous, but also different among host countries and regions. Therefore, we believe that seeking higher technology from countries with higher level technological innovation can be an important way to improve productivity; meanwhile it should consider heterogeneity impacts and make classified OFDI implementation. Keywords: OFDI; Technology-seeking Motivation; Productivity

摘要： 研究企业“走出去”寻求更高技术对生产率提升具有重要意义。基于对外直接投资（OFDI）技术寻求动机视角采用中国OFDI企业数据对此实证研究。结果表明：（1）OFDI技术寻求动机越强跨国企业生产率越高，即向技术创新水平越高的国家投资越能够提高企业生产率。（2）OFDI技术寻求动机对企业生产率的影响不仅具有企业异质性而且在东道国与地区异质性上也存在差异。由此，本文认为向技术创新水平越高的国家投资寻求更高技术可成为提升企业生产率的重要途径；同时，企业实施“走出去”寻求技术应考虑异质性影响，做到分类实施。