Research Of Co-evolution Between Technology And Fiscal Policy

At present, technological innovation swarm together on and on. At the same time, technological structure, industrial structure and economical structure adjust quickly.In order to cope with furious international competition, almost all of countries increase their R&D funding by means of fiscal policy, push forward technological innovation achievements transfer and diffuse constantly.This paper consists of contents as follow:Firstly, we discuss on evolution of technology and fiscal policy, as well as their basic conceptions. Moreover, we conclude and summarize correlation evolution theories of technology and fiscal policy. In this chapter, we observe and study substitutive characteristics of technology and fiscal policy, inspect evolution characteristics, evolution form and life cycle of technology. In the meantime, we study dynamic mechanism of technology and fiscal policy evolution.Secondly, we make theoretical analysis of technology and fiscal policy evolution.In this chapter, we observe and study rationale with respect to fiscal policy interposing technological evolution, major factors influencing technological evolution as well as their correlations, and co-evolution relationship between technology and fiscal policy.Thirdly, we make historical investigation and empirical analysis of technology and fiscal policy’s co-evolution. In this chapter, we investigate five times technological revolutions occurred in succession, make historical and dynamical analysis of technology and fiscal policy evolution during each technological revolution, and co-evolution mechanism between technology and fiscal policy.Fourthly, we analyze dilemma which is faced with by us during the course of China’s technological evolution. In this chapter, we inspect main problems of China’s technological evolution, analyze primary courses resulted to these main problems.Lastly, we clarify fiscal functions and roles of Chinese government under up-to-date historical period, put forward countermeasure to push forward Chinese technological evolution. In this chapter, we mainly put forward suggestions of adjusting fiscal policy for the sake of pushing forward technological evolution and constructing innovation country.In this paper, we carry out some innovation as follows:On research paradigm, we use evolutionary economics’dynamical, systematic, non-linear and non-equilibrium research paradigm, but not new classical economics’static, solitary, linear and equilibrium research paradigm. In this paper, we survey substitutive characteristics of technology and fiscal policy. In the meantime, we study dynamic mechanism of technology and fiscal policy evolution, probe into reasons why some innovation can occur but others be sifted out by market, clarify fiscal functions and roles.On theory foundation, on basis of absorbing and integrating new classical economics’market failure theory, evolutionary economics’ cooperation failure theory and state innovation system’s system failure theory, we reconstruct the theory foundation that fiscal policy interposing technological change, such as market failure, cooperation failure and system failure. Then, we overcome the shortages of new classical economics.On analytical frame, on basis of evolutionary economics theory, we reconstruct co-evolutionary analysis frame for technology and fiscal policy evolution. In this co-evolutionary analysis frame, technology is regarded as a complicated system which consists of many factors, but not be supposed a black-box production function once more. Then, we overcome the shortages of new classical economics to explain technological change, and offer new starting point for discussing interior mechanism of technological change.On analytical method, we get rid of determine analysis, normative analysis, static analysis and equilibrium analysis methods, but sue comprehensively positive analysis, normative analysis, historical analysis and comparative analysis methods. In this paper, we put technological innovation and fiscal policy change into the five technological revolutions so as to inspect the co-evolutionary mechanism between technology and fiscal policy. Then, we overcome the shortages of new classical economics to regard technology as a black-box production function and to segregate technology and fiscal policy.On government function, on basis of absorbing and integrating new classical economics’market failure theory, evolutionary economics’cooperation failure theory and state innovation system’s system failure theory, we define six government functions on pushing forward technological innovation such as resource allocation, policy guarantee, innovation inspire, cultural guidance, diffusion demonstration and innovation system maintenance. And then, we put forward that we must put forth effort to solve cooperation failure and system failure, not only to solve the market failure.In brief, to construct a historical, dynamical, systematical and non-equilibrium evolutionary analytical frame is my paper’s major contribution.