The Effects Of Technology Finance To Technological Innovation Of Guangdong Province

To implement the strategy of innovation and build an innovation-oriented nation,we must rely on science and technology innovation.Perfecting financial service is the foundation and the guarantee of improving the ability of technology innovation.How to promote the development of independent innovation and high-tech industries by continuous financial reform has become an important and urgent issue in the financial research field.In recent years,Guangdong launches finance,science and technology,industry integration development.With an emphasis on national high-tech zone in the province and the development of strategic emerging industries to promote the major science and technology achievements transformation and industrialization as the strategic target,we use financial reform to drive technological innovation,to promote industry development,to initially forms the new development model of industrial convergence of finance,science,technology and innovation.From the theory research,present situation of research and empirical research method,this study discusses Guangdong science and technology financial impact on scientific and technological innovation:First one is the theoretical analysis;this paper discusses the financial impact on scientific and technological innovation.According to the technological innovation process,it could be divided into three stages of new technology science and technology innovation incubation,the transition of new technologies and new product industrialization.We analyze theoretically the financial impact on scientific and technological innovation in the three stages;The second one is the status quo analysis,in-depth analysis of Guangdong science and technology innovation and the development of the financial situation of science and technology expoundsothe financial current situation of the development of science and technology,and sums up Guangdong science and technology three major financial systems.Thirdly,it’s empirical research,through empirical research we reveal the specific impact of science and technology finance on science and technology innovation.At first by using the DEA model for 21 cities in Guangdong science and technology innovation,we analyze the financial situation of science and technology of Guangdong province;secondly based on the questionnaire survey of state-level high-tech zone in Guangdong province,we forms three stages of science and technology innovation performance through panel data model.Through the study,we found that finance is a necessary condition for science and technology innovation.The impact of different forms of scientific and technological finance on the three stages of scientific,technological innovaction is distict;Guangdong promotes the integration of financial,science and technology and industry,which has achieved obvious results,and formed a relatively perfect financial service system of science and technology.However,at the same time it still has low financial efficiency of science and technology,finance and science and technology innovation of science and technology,the matching degree is not high.The empirical analysis of the financial development of science and technology efficiency of every city comes up with the corresponding conclusion,the efficiency of only certain individual cities in the process of scientific and technological finance promotes the scientific and technological innovation improved significantly.At the same time,from the state-level high-tech zone in Guangdong province empirical analysis for different national high-tech zones in Guangdong province proves that different financial forms and different stages of technological innovation of science and technology the matching efficiency needs to be improved.