Has the technological finance policy stimulated the vitality of urban technology entrepreneurship?——Mechanism analysis based on the"active government"and"efficient markets"
The article takes 260 prefecture-level cities in China as the research object,and empirically examines the impact of tech finance policy on urban tech entrepreneurial vitality.The study finds that tech finance significantly stimulated urban tech entrepreneurial vigor,and that their promotional effects have long-term validity.The promotion effect of this policy on the vitality of technology entrepreneurship increases with the increase of urban talent and knowledge intensity;The policy effect is more pronounced in cities with higher levels of intellectual property protection.Mechanism analysis shows that technology finance policies affect technology entrepreneurship by enhancing fiscal technology support and improving financial market efficiency.More importantly,tech finance policy can realize the organic combination of "active government" and "efficient markets" by promoting the coordination between government tech resources and market financial resources.The research conclusion provides policy references for fully leveraging the integration effect of technology and finance,and promoting the construction of an innovative country.
tech finance policytech entrepreneurship vitalitytalent and knowledge intensityintellectual property protection
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