Research On The Impact Of Science-Finance On High Technology Enterprises Innovation

Recently, five tasks of Chinese economic development in 2016 are proposed in the central economic work conference, in which the structural reform as the main line leading the direction of economic development, It is only the empty slogans for the structural reform, if there is no innovation strength. Competition in the world today has evolved as the competition of innovation ability and proprietary intellectual property rights. It is an important measure for the government that guide financial capital and technology resources mutual flow configuration reasonably. Technological innovation as an impetus to the economic development can enhance the capability of independent innovation only with financial capital organic combination. At present, our country has set up Technology-Financial theory research platform, which not only enriches the theory in the development of Chinese Technology-Financial, but combines technology and financial in regional place deeply. As the pioneer of Chinese technological innovation, High-tech enterprises lead all subjects of science and technology innovation development in Chinese road of construction of an innovation-oriented country. However, the current situation of the development of high-tech enterprises in eastern is much better than other areas. As the propelling power, Technology-Financial effects differently in different regions. The eastern region is the most innovative enterprise leading area, whether high-tech enterprise technology or financial support appears more perfect development. However, as the economy started late, irrational industrial structure and so on causes the backward situation of Technology-Finance and innovation level in central and western regions. In 2014, the total output value of Chinese high-tech enterprises 13250267 billion yuan, of which the eastern region reach 9678328 billion yuan, the central region 2255628 billion yuan, the western region 1316311 billion yuan, the large gap is remarkable.This paper follows the Technology-Financial related theory, from the perspective of Chinese current development status, research on the Impact of Science-Finance on high technology enterprises in different regions. This paper consists of five parts. The first part is mainly research review of theory of Science-Finance at home and abroad; the second part analyzes the theory of Science-Finance support regional high-tech enterprises; in the third part, analyzes the status of different regional high technology enterprise innovation and the support of Science-Finance by using the data, then analyzes the reasons of difference between different regional. In the fourth part, build the index system of our country financial technology, high technology enterprise innovation through the present situation analysis, and do the Regional Panel Data Model Analysis; the fifth part put forward policy recommendations of Science-Finance support the high-tech enterprise innovation effectively according to the empirical results. In this paper, through the research on the Impact of Science-Finance on high technology enterprises innovation, making up for the lack of regional Science-Finance related literature in theory, and has certain guiding significance for the implementation of Chinese supply side reforms in practice.