Research On The Merging System Of Technology And Finance In The City Of XuZhou

Scientific technology is the number one production force in modern society. Meanwhile, financing is the core of modern economic activities. These two elements play crucial roles in economic development. As a combination, they would generate a greater effect. When these two forces combined in an accurate method, the combination would help to allocate economic resource efficiently, accelerate the development of technology, and also help to optimize the workforce in a practical matter. Moreover, the combined-force would flourish the progress of the development of science and economy in local region. Simultaneously, the system for promotion of regional economy and technology development of synergies share the same impetus, more importantly the financial sector in which connects the technology industry with the capital market. The economic development relies on scientific innovation. Scientific development also needs strong financing power as foundation. Scientific innovation that is characterized as its high profit-yielding and furious competitiveness has already caught a national-wide attention in both of the government sector and business sector.Meanwhile, because of the high return-risk, high input-consuming, loading money on something unknown has also drive off many investors. Although scientific innovation could generate higher monetary profits, it also needs a huge amount of monetary investment. Therefore, the newly-born technology-powered business, in which development mainly relies on scientific innovation, always faces the dilemma of how to attract major financial support to ensure its growing needs. According to this situation, the essential of the progress in combining scientific sector and financing sector is how to seek the sources of financing. The sources could come from bank investment, venture capital, private sector investment, and capital market.Due to the geographic and economic uniqueness of XuZhou, the local financing environment and social capital market structure is relatively well, and the city has already gained some noticeable advantage in financing capital. Meanwhile, it cannot be ignored that the difficulties in improving the financing environment which the technology-based companies have encountered. In conclusion, this article is about to analyze the methodology and difficulties that technology sector and financing sector would face in their emerging progress. And also, it will reach a conclusion of a practical model, which could serve as suggestion for technology-powered business in different developing stages.