The Research On Efficiency Of Financial Support About Strategic Emerging Industry

It is in a period of strategic opportunities that China speeds up the transformation ofeconomic development patterns. Take a long-term perspective and face the future, Cultivatingstrategic emerging industries is the powerful tools to upgrade industrial structure and for thetransformation of development mode. Meanwhile, it is also to support and lead economiclong-term, stable and healthy development of the great strategic significance. Cultivating anddeveloping strategic emerging industries to promote China’s industrial value-added upgrade,green low carbon economy development and the improvement of growth quality. But also it isan important way of promoting the investment to drive innovation, resource dependence toscience and technology support, extensive to intensive development,"made in China" to"created in China".In order to strategic emerging industries efficiency of financial support for study of thesystem, this article provides a complete process that includes theory, data analysis, modelestablishing, result analysis, conclusions and recommendations. Using Logit model combinedwith DEA model, the method of comparison analysis seven strategic emerging industriesefficiency differences between financial input and output under different social and economicbackground. Measuring as the dependent variable of Logit model by the results of DEAefficiency analyzes the influence factors of the efficiency of financial support in the differentdeveloped period of strategic emerging industries.According to the combination of qualitative analysis and quantitative analysis，this paperargues that the policy finance should become an important means in the financial supportsystem of strategic emerging industry. Direct financing that represented by listing financingplays a leading role in the financial support system of strategic emerging industry. Indirectfinancing that represented by the credit financing as a financial support system of strategicemerging industry important supplementary means promotes the cultivation and developmentof strategic emerging industries.