Research On Science&finance Input-output Efficiency In Shandong Province

In recent years,with the combination of technology and finance closely,The role of science and technology finance has been increasingly obvious in the science and technology innovation process at home and abroad.Relevant scholars have conducted in-depth exploration constantly on the technology and finance.Shandong province is located in the coastal region of East China.It is a developed economy province,but the its innovation ability is still weak compared with the other eastern coastal provinces.In order to speed up the development of its economy and science and technology,realzise the goal of becoming the economic and innovation of science and technology of big province.Therefore,it is very necessary to carry on deep research to the Shandong province science and technology and its efficiency of the financial.This paper looked back the literature of research on science and technology finance and analysed of the current situation of Shandong province science and technology finance from vertical and horizontal angles.We discovered the problems and characteristics of science and technology finance in Shandong province.Science and technology financial input and output indicators was setted from related papers and collected 2005-2012 years relevant data in Shandong province.Then using the DEA model to carry on the empirical analysis and drawing some conclusions.At last,the policy and empirical financial efficiency of science and technology between Shandong province and Jiangsu,Zhejiang and Guangdong province.Through the study we fond that:Shandong province science and technology input intensity is not high.The limited sources of funds for science and technology mainly came from the government finance investment.The support of credit funds and social capital on technological finance is not enough.The efficiency of Shandong province science and technology of the financial input in science and technology is low,Its investment structure is not reasonable.Scientific and technological output efficiency is low because of its low financial scale efficiency in Shandong Province,but the financial outputexhibits returns to scale stage are increasing.Compared with Jiangsu,Zhejiang and Guangdong province on police and the empirical analysis on the science and technology finance.We found that Shandong province is more biased the government finance investment and financial institutions.While Jiangsu,Zhejiang and Guangdong are more and more emphasis on service and guide role of the government.They focus on the main role of the enterprise and the market power.The efficiency of Shandong province is far below these provinces in science and technology of the financial efficiency.Finally,we put forward the countermeasure proposal from the financial input role,output role and the security role according to the analysis of the present situation of and empirical science and technology of Shandong Province.