| Increase investment in science and technology,enhance the ability of independent innovation,and realize the transformation of economic development from element-driven to innovation-driven,which is of great significance for the current economic transformation and development of China.In recent years,China's financial investment in science and technology has continued to increase,reflecting the government's emphasis on science and technology investment.However,compared with the developed countries in the world.,the intensity of China's science and technology investment is still low,and the growth rate of financial science and technology investment has a large fluctuation range,and the structure is not perfect,which has little effect on economic growth.However,the existing literature is still controversial about the rationality of government intervention in science and technology activities,and it focuses more on the relationship between financial science and technology investment and economic growth,and ignores the important role of financial science and technology investment in transforming the mode of economic growth.Therefore.,this paper focuses on the impact of financial science and technology investment on the change of economic growth mode.Based on the understanding of the mechanism and impact of the impact of financial science and technology investment on the transformation of economic growth mode,the use of spatial econometric models will affect the economic growth of financial science and technology investment.The theory of mode shift has been empirically tested.In terms of the structure of the article,this article first analyzes the actual situation of Chinese fiscal input on science and technology and the change in economic growth mode,and points out the characteristics of the impact of changes in China's fiscal science and technology investment on the mode of economic growth in recent years,and intuitively reflects the mode of financial science and technology investment in economic growth.The importance of change.Secondly,based on economic theory and innovation theory,combined with existing research literature,the role of fiscal science and technology input in the transformation of economic growth mode is divided into microscopic and macroscopic mechanisms from the micro and macro perspectives.Fiscal science and technology investment influences the path of economic growth through technological innovation.Finally,using the panel data of 30 provinces and cities in China from 2001 to 2015.using spatial analysis methods,we empirically analyzed the impact of financial science and technology investment on the transformation of China's economic growth pattern.The research results of this paper show that the scale of financial science and technology investment has been continuously expanded,and the role of changes in the economic growth mode has been highlighted.However,it is still necessary to continue to increase the degree of emphasis to achieve further improvement and development;fiscal science and technology investment is driven by technological innovation as an intermediary,through the microscopic The macroscopic conduction path plays an important role in the transformation of the economic growth mode;the financial science and technology investment has a significant positive impact on the transformation of the economic growth mode.Optimizing the industrial structure and strengthening the environmental regulation will be beneficial to the efficiency improvement effect and technology of the financial science and technology investment,respectively.The effect of progress.To this end,the government should continue to increase financial science and technology investment,reasonably define the scope of financial science and technology investment,establish a stable growth mechanism for financial science and technology investment,increase the degree of emphasis on financial science and technology investment in the central and western regions,and coordinate technology among regions.Innovate and develop;increase financial and scientific investment in basic research and effectively play a role in public functions. |
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