Research On The Measurement Of The Development Level Of Science And Technology Financial Stocks In Shandong Province

Shandong Province vigorously cultivates the "four new" economy represented by new technologies,new industries,new formats,and new models.It regards the conversion of new and old kinetic energy as an important breakthrough in economic take-off.With strong support from competitive industries and leading enterprises,we will amplify the effect of integration and multiplication so as to achieve a complete transformation and high-quality development.As a leading economic province in the country,Shandong Province has a good foundation for the development of science and technology finance,and has huge development potential.Under the regional development strategy with the theme of the conversion of old and new kinetic energy,understand the development of science and technology finance in various cities in Shandong Province,comparatively analyze the advantages and disadvantages in the development of science and technology finance in various cities in Shandong Province,objectively evaluate the development level of science and technology finance in various cities,and find out The influencing factors that affect the development level of science and technology finance will help Shandong Province achieve sustainable leading development in the field of science and technology finance.Firstly,this paper reviews the related literature at home and abroad,measures the level of development of science and technology finance from two aspects of science and technology finance input and science and technology finance output,and then select financial science and technology expenditure,Research and Development funding under the corresponding science and technology finance input and technology finance output.Measure the development level of science and technology and finance in eight indicators including internal expenditure,Research and Development personnel,effective invention patent density of 10,000 people,technology market transaction value,patent application volume,patent authorization volume,and output value of industrial high-tech industries above designated size;Secondly,in order to facilitate the horizontal and vertical comparative analysis of the technological and financial development levels of various cities in Shandong Province,this paper first uses factor analysis to analyze the relevant data of various cities in Shandong Province in 2018 with SPSS19.0 software,and obtains the corresponding data of various cities in Shandong Province in 2018.The comprehensive factor score and ranking,and then use the same method to calculate and analyze the relevant data for 2013-2017 to get the comprehensive score and ranking for 2013-2018,and perform corresponding analysis based on the results;Thirdly,cluster analysis of the comprehensive scores in 2018 shows that the cities and regions of Shandong Province are divided into tiers in terms of technological and financial development levels,and analyzed from the factors of technological and financial input factors and technological and financial output factors,as well as the reasons for the regional development differentiation.The research shows that the overall level of technological and financial development in various cities in Shandong Province is relatively low.Under the three gradients,only seven cities,including Qingdao,Jinan,Yantai,Weifang,Zibo,Weihai,and Dongying,are located.The first and second echelons,the remaining 10 prefectures are at the middle and lower reaches of the province.The level of technological and financial development in various cities in Shandong Province is extremely uneven,showing a large polarization.Qingdao City in the eastern coastal area There is a huge gap between Yantai,Yantai,and Heze and Zaozhuang in the Mainland.From the results of the analysis,it can be seen that the level of scientific and technological development in Shandong Province is affected by the economic development level,geographical location and traffic conditions,and scientific and financial resources And other constraints,and these factors have a clear decisive role in the development of science and technology and finance;Finally,combined with the current status and empirical results of science and technology finance in Shandong Province in terms of science and technology financial input and technology finance output,it is proposed that Shandong Province should optimize financial science and technology investment and rationally allocate science and technology financial resources;ensure the main status of science and technology enterprises and form regional radiation Effect;build a system of sci-tech financial talents,increase investment in human capital;speed up the convergence of capital into high-tech industries,and strengthen high-tech industries to improve the level of science and technology development in Shandong Province.