Research On The Tech-Financial Innovation Model For The Development Of Strategic Emerging Industry

Strategic emerging industry is a leading industry of a country or area for achieving the sustained economic growth, which decisively promotes and guides the national economy development and the industrial structure transformation, and relating to the economic lifeline of the country and industry security. Actively promoting and fostering strategic emerging industries is the major strategy act of China to be out of the international financial crisis and implement economy and society with harmonious, sustainable development. Because the fields of most enterprises are relevant to the high input, high risk business with the research and development as the pilot, financial support is particularly important. Finance support the innovation on science and technology development, technology and finance interact in coordination also effectively promote the upgrade of industrial structure and guarantee the accelerating on the transformation of economic development mode. Moreover, in the modern economy, finance of science and technology has been highly recognized and valued by the government departments and academic circles.Under the background of being strongly advocated the development of strategic emerging industries, this article focused on discussing the essence of finance of science and technology, and around the core of science and technology innovation mode, based on the development characteristics of the strategic emerging industry, it focused on analyzing a series of realistic problems of China’s current development of strategic emerging industries and the urgent demand of the finance of science and technology innovation. On this foundation, it put forward the multidimensional financing pattern for the strategic emerging industries and its function positioning and operation mechanism. Finally the paper further explored the active countermeasures for the rapid development of China’s strategic emerging industries. By using the combining research method of normative theoretical analysis and a case study of Hangzhou city, what this article analyzed about the finance of science and technology innovation mode for developing the strategic emerging industries and the main conclusions are as follows:(1) China’s strategic emerging industry can be developed through the means of the financial and fiscal coordination mechanism, building the multi-level financial support system and other policy instruments, using multidimensional support, and common development of the finance of science and technology model, namely the mode of integrative development with the government guiding, financial institutions guaranteeing, intermediary service organizations providing platform and technology enterprises participating in.(2) In this paper, we can see that the drive factors on multidimensional model of technology finance greatly influence the development of strategic emerging industry,and through the regression analysis, we also verified the feasibility of the innovation mode.(3) The science and technology enterprises in Hangzhou developed well according to the mode of government guiding and market operating. It gradually formed a "four in one" mode growing up from the thought of one platform and three supporters, which is an effective innovation on financial aspects, solved the financing problem of the small and medium-sized enterprises, promoted the transformation and industrialization of scientific achievements. This also effectively verified the feasibility of the multidimensional mode.