Empirical Study on the Support of Science and Technology Finance for Economic Development in Anhui Province
The article conducted an empirical study on the support of science and technology finance for economic development in Anhui Province.During the research process,the entropy method was used to construct an indicator of the level of economic development in Anhui Province.Three sub indicators,namely the level of economic development in Anhui Province from 2001 to 2022,the annual growth rate of science and technology finance industry workers,the intensity of fiscal support for science and technology finance,and the efficiency of science and technology finance,were selected as sample data to construct a VAR empirical model between the indicators.The empirical results show that the increase in staff in the science and technology finance industry,the improvement of financial support for science and technology finance intensity,and the enhancement of science and technology finance efficiency in Anhui Province all contribute to the economic development of Anhui Province.On this basis,policy recommendations are proposed from the aspects of optimizing the design of technology finance strategies,cultivating technology finance composite talents,and improving the efficiency of technology finance innovation transformation.