Study On The Technology Market Development Based-on International Technology Transfer

Technology market is an important componet of the innovative country.Campared with the developed countries, the technology market in China is far behind, especially in international technology transfer. So improving both the international technology transfer performance and market system of technology market has a very important significance.A large number of scholars have researched topic about technology market,such as operation mechanism, to scientifically understand the internal mechanism of the technology market, which will help the Government develop effective strategies to promote the development of technology market and enhance national innovation capacity. However, most of the research focuses on technology market with the view of internal mechanism, which has two disadvantages. First, there is little reseach which focuses on the relationship between international technology transfer and technology market development; Second, empirical research, because of lack of indicators, there is not a useful evaluation system to measure the international technology transfer and its factors.In this context, this paper try to define the concepts related to technology market and compare those concepts. And then technology the market is divided into four parties which is the actor of supply, actor of demand and other actors.Based on the analysis supply and demand mechanism, it proposes that the lack of effective supply and lack of demand both exist in the technology market of China. The key factors of international technology transfer are divided into four parties, namely, will of technology supply, capacity of technology supply, will of technology demond, and capacity of technology application.The model of supply and demand mechanism based on international technology transfer is built.Subsequently, the paper researches the model with empirical study. Considering the integrity, scientific and feasible of indicator system, the paper constructs the technology output and technology input performance indicator system.respectively, The technology output performance, technology input performance and four types of technology transactions are analysed with the regression analysis to reveale the relationship between performance and its factors.As typical samples of developed technology market, the United States, Japan and Taiwan are selected to be studied.The paper concludes five points to develop technology market in China by compared the transfer institutions, legislation and action of these countries and regions including:building public technology market service platform with government suppor,developing the network for technology trading, supporting the development of intermediary services industry,improving technology property rights assessment system, activing venture capital system.The market scale, market structure, and trading institutions in technology market of China are analyzed. It summarizes that there are some defects in the management of government, trade norms and regulations, property rights.Five aspects of shortcomings is concluded as following:government-oriented and welfare-based technology market lead to low level of market-orientation; technology market trading regulations is not perfect with the lack of monitoring; technology property rights have to be improved; the lack of technical trading standards lead to the high cost of technology search and negotiation; technology intermediaries are very weak without basic resources.Finally, it supposes that government should act as the builder, coordinator and supervisor of technology market. Combined conclusion of empirical research with it of case study, the development strategy of technology market in China is propsed, which includes:strengthening policies support to develop technology market; promoting the development of intermediary organizations; building the technology market information platform; training human resourse for technology market.