Empirical Study On The Coupling Relationship Between Financial Agglomeration And Scientific And Technological Innovation

Finance favorably supports the progress of national science and technology innovation.At the same time,science and technology innovation also provides strong support for the rapid development of the country’s economy and finance.It occupies an important position in the financial system as a driving force.The strong synergy between the two will promote the rapid growth of the country’s economy and finance.In the context of today’s Internet information,the cluster development model that has emerged in global financial markets has grown from a small area to a large cluster.The integration of capital markets and finance has gradually become a typical development of finance.The 13 th Five-Year Plan proposes that innovation is the main driving force for development,and at its core is technological innovation.We need to give full play to the leading role of technological innovation in overall innovation and financial support.In the process of scientific and technological development,it is necessary to accelerate scientific and technological innovation,strengthen the strengthening role of financial capital,help the common development of the two,and promote the formation and transformation of national scientific and technological research and development and scientific and technological achievements.The "Western Triangle" economic circle is a new idea and new driving force for the development strategy of the West.The coordinated development of financial agglomeration and technological innovation will become the main engine of economic development in the Western Triangle economic circle.Based on the above background,based on the interaction between financial development and scientific and technological innovation by previous scholars,from the perspective of coupling,this paper takes the Western Economic Triangle,which is dedicated to the construction and development of western economics,as the research object.First,it studies financial agglomeration and technological innovation.Coupling interaction mechanism.Secondly,it makes a descriptive analysis of the development status of the financial agglomeration and technological innovation in the Western Triangle Economic Circle.Following the principle of scientific index design again,the financial agglomeration system selects 13 indexes,and the technological innovation system selects 11 indexes,to build a "Western Triangle" economic circle financial agglomeration and technology innovation coupling evaluation index system.Finally,the development level of the financial agglomeration system and technological innovation system is evaluated.At the same time,the empirical analysis of the relationship between the financial agglomeration and technological innovation coupling development in the western triangle economic circle is constructed by constructing a coupling degree and coupling coordination model.The conclusions are drawn:(1)from 2000 to 2018,the comprehensive development level of financial agglomeration in the Western Triangle Economic Circle showed an overall upward trend,and there was a small decline in 2005.Since 2006,the comprehensive development level of financial agglomeration has increased significantly;the comprehensive level of technological innovation And the scientific and technological innovation input and scientific and technological innovation output subsystems have shown an increasing trend in general.(2)From 2000 to 2018,the degree of coupling between financial agglomeration and technological innovation in the Western Economic Triangle increased and decreased from 2000 to 2011.After reaching a peak in 2011,it remained stable until 2018.(3)Based on the model of coupling and coordination,in the 19 years from 2000 to 2018,the degree of coupling and coordination between the two systems has gradually improved,from a serious imbalance decline to a high-quality coordinated development,and has achieved the coordinated and synchronized development of financial agglomeration and technological innovation.