Research on the Influence of Sci-tech Finance on High-tech Industry Innovation in Hunan Province
This study analyzes the influence path of sci-tech finance on high-tech industry innovation,selects relevant data of Hunan province to establish indicators and draw scatter plots,and finally makes conclusion that sci-tech finance can effectively allocate resources by gathering social funds,release market signals to alleviate information asymmetry,reduce financing costs and diversify market risks,encourage enterprise innovation and restrict enterprise investment decision-making and other pathes to promote high-tech industry innovation.This paper also points out that public sci-tech finance and market sci-tech finance in Hunan Province have strong correlation with high-tech industry innovation,and sci-tech finance can effectively promote the innovation and development of high-tech industry.
sci-tech financehigh-tech industryscientific research innovation