Research On The Differences Of Science And Technology Financial Efficiency In National New Districts

Scientific and technological innovation activities are inseparable from financial support.As a key element guiding and supporting scientific and technological innovation activities,financial capital plays a very important role in the process of scientific and technological innovation.The national new district is the forerunner to promote the reform and innovation of institutional mechanisms,and the concentration of financial capital is strong.However,due to the different establishment time and functional orientation of the new national districts,there is still a large gap in the efficiency of science and technology finance between the new national districts.The Bohai Rim and the Yangtze River Delta region,as the region where China established a new state-level new district earlier,has a better combination of technology and finance,and financial capital has more support for scientific and technological innovation activities.At the same time,the economic development models of the national new districts in these two regions have their own characteristics,and there are also large differences in the state of science and technology finance.Therefore,studying the differences in the technical and financial efficiency of the national new districts in the Bohai Rim and the Yangtze River Delta region is of great significance for guiding the improvement of the efficiency of science and technology finance in the new state-level new districts and promoting the development of science and technology finance in other state-level new districts.This paper first defines the connotation of technology finance and its efficiency by summarizing and combing relevant literature at home and abroad.Secondly,a descriptive statistical analysis of the status of science and technology financial input and output in the national new districts of the Bohai Rim and the Yangtze River Delta region was carried out to understand the current status of science and technology finance development in the national new districts in the Bohai Rim and the Yangtze River Delta.On this basis,the DEA analysis(data envelopment analysis)method was used to evaluate the technical and financial efficiency of the four national new districts in the Bohai Rim and the Yangtze River Delta region from 2014 to 2017,and further use the super efficiency analysis method for these four The technical and financial efficiency of the national new districts is sorted.Finally,the possible influencing factors were analyzed.The main conclusions of this paper: There are big differences in the input and output of science and technology finance among the four national new districts in the Bohai Rim and the Yangtze River Delta.Higher technology financial input and output does not mean higher technology and financial efficiency;there are significant differences in technology and financial efficiency among the four national new districts in the Bohai Rim and the Yangtze River Delta region;and the financial efficiency of Binhai New Area and Pudong New Area during 2014-2017 To achieve or be close to technical efficiency,the West Coast New District has been in a state of inefficiency in technical efficiency;the technical and financial efficiency of the four national new districts in the Bohai Rim and the Yangtze River Delta region has been affected by many factors,increasing the balance of commercial bank loans as a percentage of regional GDP and the output value of high-tech industries.The proportion of total industrial output value and the proportion of internal R&D expenditures of enterprises to the main business income can improve the efficiency of science and technology finance.The government's support for science and technology finance is not conducive to the improvement of technology and financial efficiency.On this basis,in order to improve the efficiency of science and technology finance in the national new districts around the Bohai Sea and the Yangtze River Delta,and then promote the development of regional innovation activities.This paper provides policy advice from three aspects: government,financial system and enterprise.