Research On The Effectiveness Of Science And Technology Financial Policies

"The advice about promoting institutional innovation vigorously and doing science and technology financial services well" make that promote the combination of science and technology and finance pilot projects further.Science and technology is the primary productive forces,and finance is the core of modern economy.With financial supporting of science and technology innovation and science and technology innovation driving financial development,promoting the combination of the two is good for promoting scientific and technological development and achievements conversion,improving the level of independent innovation of the whole society,and promoting building innovative country.Research in and out suggests that there is a mutual relation linkage between the financial and science and technology.The development of scientific and technological innovation can bring a positive social outcomes,because scientific and technological innovation is both uncertainty and high risk and it requires a lot of capital investment,and it needs the support of government,and also needs innovative financial products to support scientific and technological innovation.As well,the development of science and technology does good to the development of finance.The policies Jiangsu Province issued involved all areas of science and technology finance,but the formation of policy system is not in combination with the enterprise life cycle.Therefore it needs to learn good experiences from Beijing,Shanghai,Guangzhou,Shenzhen,Wuhan.And combined with international experience,further improve the Jiangsu Province science and technology financial environment,and promote the rapid development of science and technology.Based on data of ten samples,involving Nanjing,Beijing and other cities,with the method of gray correlation degree,the effectiveness of science and technology financial policies is researched,and the depth of impact that indicators of science and technology financial policies work on science and technology business performance indicators is analyzed.The result found that science and technology enterprise incubator has the significant impact on the development of science and technology enterprise.Finally,based on enterprise life cycle theory,the different policies support for different stages of technology enterprise are discussed.