Study On Fiscal Policies For Technological Innovation

Theory and practice indicate that technology determines economic development in a country, and also it can improve social progress. Technological innovation combines technology with economy. Although it is a kind of micro—economic actions, its essential significance to economy and society has been accepted by many governments. So many countries try to effect this action by all kinds of policies.This paper begins with common theory of technological innovation, including connotation and operational mechanism, and analyses the necessity and feasibility of national policies, especially fiscal policies, from technological innovation features and time background. Then analyses its positive and passive effects and influential factors. On empirical research, this paper takes DEA to measure and calculate the efficiency of China's fiscal policy for technological innovational, and points out the existing problems, then puts forward suggestions to the reformation.