Research On The Influence Of Sci-tech Financial To Economic Growth In Different Region

Science and technology is the first productivity,finance is the core of national competitiveness,the integration of both is actually the combination of the first productive force and core competitive power,finally achieve the goal of China's international competitiveness.Today,with the constant development of the information and globalization,technology and finance has already become the productivity of the most active factor in the modern economy,technology and financial influence each other,between the causal relationship is increasingly evident.The progress of science and technology would lead to constant innovation of financial instruments,financial development and innovation will also better solve the problem of science and technology enterprises,and the development of science and technology financial financing.Throughout the world economic development history,every time the industrial revolution proved the tightness combination of science and technology innovation and financial innovation will bring major changes human society production mode and life style.In our country's 13 th Five-Year Plan also explicitly proposed to speed up the reform of financial system,improve the efficiency of financial services in the real economy,and to emphasize science and technology must be transformed into productivity.At the same time,the unbalanced regional development has always been the biggest realistic problems in China's economic development and narrow the gap in development among regions is built into one of the main goals of well-off society in an all-round way in China,as a whole the regional harmonious development is the main task of China's economic development.Finance is one of the important measure to narrow the regional difference of science and technology development,regional differences in financial science and technology and economic growth relations,and analyzes the reasons,to reduce the Midwest regional economic development difference between the east of our country has important significance.At first,this paper analyzed the interaction mechanism between the financial and economic growth of science and technology and relationships,respectively from the macro and micro two aspects to explain,macro mechanism mainly use is-lm model analysis,microscopic mechanism mainly carries on the analysis from the perspective of financial tool innovation of science and technology;Secondly,studied the developing course and status of financial science and technology in our country,the status of financial input and output of science and technology in China were analyzed,and find out the characteristicsof financial development of science and technology in China and existing problems;Then east Midwest of our country three big areas of financial input and output analysis of regional science and technology,discovered in recent years,the central and western regions in China in the financial investment has a tendency to increase gradually,but the east on the financial total output of science and technology is still far greater than the Midwest,on this basis to further analyze the possible influencing factors;Finally from the financial input of science and technology(including funding and human resources of science and technology)perspective,through static and dynamic panel data model to empirical test,found that the eastern region of financial institutions and capital markets,financial input of science and technology of economic benefits is far greater than the government fiscal financial input of science and technology,and the central and western regions produced by the government financial input of science and technology of economic benefits than financial institutions and capital markets,financial input of science and technology,also found that the input of science and technology activities in enterprises and the investment of human resources of science and technology on the financial development of science and technology and has great effect on economic growth.On the basis of this empirical study conclusion,puts forward the financial regional of science and technology development strategy,pay attention to the cultivation of high-end creative talents of science and technology,give play to the role of capital markets for the promotion of science and technology,financial,and build the Midwest financial science and technology and economic growth from the benign interactive mechanism of policy recommendations,etc.