Chinese high-tech industry financing

Author: Jianxin Geng
Publisher:
Publish Date: 2002-06-01
Features: The main characteristics of this book are:
1. Rigorous System. The book first explores the laws of high-tech industry development and its capital demand characteristics from a theoretical perspective, and based on this, analyzes the three main obstacles to financing in high-tech industries and their causes, proposing that financial innovation is the primary way to resolve financing obstacles. These analyses are in-depth and provide a scientific theoretical basis for the book's writing.
2. Novel Perspective. The author comprehensively applies empirical analysis and analytical methods to examine China's high-tech industry financing environment, the roles of various financing methods, and existing issues. The entire research is well-supported, demonstrating comprehensiveness and a holistic approach.
3. Emphasis on Key Points. In the "Mechanism Design and Policy Selection" section, the author does not discuss general measures and countermeasures broadly but focuses on the fundamental issue of mechanism design from a deep level, proposing valuable insights such as "The key to guiding capital investment in technological innovation activities lies in establishing a institutional foundation and environment conducive to innovation, entrepreneurship, and financing."