Financial Support for Technological Innovation: Theory and Policy

Author: Li Jianwei
Publisher:
Publish Date: 2005-05-01
Features: Modern economy is an economy where finance is one of the leading elements and a combination of virtual economy and real economy. With the continuous development of social economy, the penetration and influence of financial institutional arrangements on technological innovation and, consequently, on economic growth have become increasingly significant. The financial system has now become one of the important institutional arrangements influencing the development of technological innovation. The book starts from the perspective of how financial institutions support technological innovation, exploring the mechanisms and promotion mechanisms of financial arrangements on technological innovation, as well as the operational mechanisms of technological innovation from a financial perspective and the requirements for financial support. On this basis, through an international comparative study of financial support for technological innovation, it conducts a valuable exploration of constructing a financial support arrangement for technological innovation that suits the conditions of China.