A Study On The Integration Of Technology And Finance

Modern science and technology has been widely penetrated into all aspects of society as well as various economic activities. Meantime the hi-tech industry has become the leading industry in stimulating economy. Innovation is no easy and moreover, it is rather a venture investment to invest into the industrialization of innovations. As a matter of fact, a large number of new-started high-tech SMEs is not able to obtain sufficient financial support.This essay is to find a dynamic path to accelerate the integration of technology and finance. Essentially technology and finance are inextricably linked to each other, while finance provides capitals and services to technology and technology obtains the Hi-tech products or services which finance needs. Technology and finance integrates into each other and their integration makes a profound contribution to the economy and society. So as to find the path to accelerate the integration is of value.The structure of the essay is as follows:Chapterl. IntroductionMake a brief review of the research background and its importance. Explain the basic concepts of technology、innovation and hi-tech industries. Introduce the framework of the article as well as the main ideas.Chapter2. Theories on integration of technology and financeGeneral reviews of theories on the integration of technology and finance. Pave ways for subsequent research. From the domestic and international literatures, the essay focuses on the theory of capitalization and those of the development of finance.Chapter3. The theoretical framework of integration of technology and financeFirst, based on the existing literature for technology and finance integration theory, this chapter analyzes the methods of integration on the aspect of supply and demand. And then introduces the concepts and ideas of the capitalization theory. Capitalization increases the supply of funds in circulation, to provide adequate capital for technological innovation and foreign investment.Chapter4. The quantitative analysis on integration of technology and financeChengdu Hi-tech Zone ranks4of the88nation hi-tech zones, which is outstanding in its hi-tech industries development. This chapter researches on the high-tech enterprises and financial institutions, so as to obtain the impediments from fiscal finance, financial intermediation and capital markets within the integration of technology and finance by survey dates.Chapter5. The empirical research on the efficiency of the integration of technology and financeAs for the study of nation high-tech industry zones, the essay gives the analysis of the status quo of integration of technology and finance, but also the efficiency of the integration of technology and finance.Chapter6.The international benchmarking study of integration of technology and financeThis chapter analyzes the technology and finance experience of the United States and Japan. This chapter argues that to promote the integration of technology and finance, as well as the development with the prosperity of the experience, we need to learn the economic liberalization, capitalization from the United States. To learn the upgrading of capitalization as well as the industry and finance integrated groups from Japan.Chapter7. The countermeasures of integration of technology and financeThis chapter argues that the capitalization of resources, assets and future income stream should be changed into circulation realizable value at present. Quoting the capitalization principle, the essay is to achieve a way to integrate technology and finance by means of promoting the ability of capitalization.Chapter8. The conclusion and prospectThis chapter gives the summary of the entire work and outlook based on the limitations analysis of the follow-up study.The main conclusions of the essay are:The capitalization of resources, assets and future income stream should be changed into circulation realizable value at the present, which is a core power to promote the integration of technology and finance. The ability of capitalization of an economy depends on the free economy system and the spirit of contract as well as the property rights protection.