Research Of Financial Policy For Industrial Cluster

Contemporarily international economic competition is the competition of industrial clusters, many developed countries have implemented strategy of industrial clusters. A large number of industrial clusters in the world today dominate the economic territory, drive the world economy and social progress. Since the 1980s, the Southeast China has gradually formed the industrial clustering phenomenon, then the development of industrial clusters have been rapidly increasing.For industrial clusters, the academic community both at home and abroad have launched a different perspective of analysis and research from the external economic theory, the concentration of economic theory, the new industrial district theory, the new economic geography theory, the theory of competitive advantage, social and economic network theory and transaction cost theory, and there are more and more research of industry cluster Over the last decade. With the in-depth study, the concept of industrial clusters began to enter the local economic development ideas and strategies, financial policy to support the industrial cluster has also become an important policy issues to Governments. However, problems as the internal relationship between fiscal support policy and industrial clusters, as well as the functions and positions of fiscal policy to promote scientific development of industrial cluster in theory and practice have always been a bone of contention with hot and difficult.Under such a background, in order to make in-depth study of the development. of industrial clusters, as well as the law of fiscal policy to support the development of it, then provide references to all levels of local governments, this article begins with general theory of the industrial cluster and finance principle, takes basic theory, analysis method and financial support effect to the development of industrial clusters as the main line. On basis of taking full advantage of existing research results, this article makes comprehensive use of theory and method of economics, regional science, sociology, strategy and management disciplines, etc. and in-depth analysis of theory, model and case studies of financial support to the industrial cluster. This article collects 5-year historical data of 53 industrial clusters in China and then makes use of statistical software EVIEWS with panel data model to study the financial support role and functions of China's industrial clusters in different stages of development. This article analyses reasons of China's industrial clusters and the causes the problems, which targetes the countermeasures and feasibly proposed policy recommendations.Finally, the main conclusions are as follows:1. In the modern economic development, industrial clusters are playing an important role and they have become core component of constituting industrial, regional and innovational development strategy in many countries and regions. Making great efforts to promote and safeguard the healthy development of China's industrial cluster is an important decision-making for China's economic strategy.2. Industrial cluster strategy is an important mean to strengthen the less developed regions industrial competitiveness, and the level of regional economic development. For the vast territory of China, it is an effective way for balanced developing and scientific developing.3. Industrial cluster policy is meant to overcome market failure, government (policy) failure and system malfunction, to optimize industrial cluster motivity mechanism, and to improve environment of development of clusters.4. Fiscal policy in support of the industrial cluster occupies an important position in industrial cluster policy, with strong guidance and control functions.5. Technological innovation is a core factor in forming competitive power of industrial cluster. Financial support policy has a great impact on technological innovation of industry cluster, although technological innovation subsidies and government tax breaks will both promote the industrial clusters of technological innovation, but their effects are not the same. 6. Pointes out that China's industrial cluster policy design principles, policy tools and the financial policy our government should adopt to promote the development of industrial cluster. Set out the role should play and measures should be taken of our government in the development process of industrial clusters...