Influence Measure Research And Structure Optimization Of Science And Technology Fund Allocation On Market Innovation Performance

Science and technology funds investment is a main indicator to measure acountry and regional strength and progress in science and technology, and efficiencyof science and technology funds allocation and the related science and technologyinnovation ability and market innovation performance determines the overall situationof the innovative national construction in China. At present, however, total investmentof our national science and technology funds rises sharply while science andtechnology innovation ability and market innovation performance develops slowly. Asa result, the main reason is the unsound structure of science and technology fundsallocation.With the construction of our innovative country speeding up, total amount ofscience and technology funds allocation will rise in a mass. A serious problem weshould face today is how to use and configure these funds to guarantee themaximization of China’s science and technology innovation performance. This paper,taking this as the breakthrough point to explore the relationship between science andtechnology funds allocation structure with market innovation performance and scienceand technology performance, on the basis, determines the evaluation index system forthe influence science and technology funds allocation on market innovationperformance. Considering delay cycle and the two industries network referenceperformance, the research gets to a conclusion with the improved NWR-DEA methodto measure science and technology funds allocation efficiency of20provinces inchina in two industries Pharmaceutical Manufacturing as well as Medical TreatmentInstrument and Meter Manufacturing: the best performance, the most value ofpopularization provinces is not the most developed economy and science andtechnology investmented the highest like Jiangsu, Beijing, Shanghai, Guangdong,Shandong, but Yunnan, Hebei, Heilongjiang economic underdeveloped provinces.This phenomenon show that more total amount of science and technology investmentnot equals to better market innovation performance and science and technology fundsallocation structure optimization is more important than total amount of science andtechnology funds investment in improving market innovation performance. Based on the measurement results, the optimization model of science andtechnology funds allocation is constructed finally. And the paper gives theoptimization allocation model of the two big industries, different provinces under thetwo industries and the provinces internal different types of scientific and technologicalfunds.