The Coupling Mechanism of Technological Innovation and Financial Development and Policy Suggestions
Yuan Yon
Abstract
Yuan Yon
Abstract
As the coordination of technological innovation and financial development has played an important supporting role in improving the ability of technological innovation,the efficiency of financial capital allocation and realizing the sustainable development of economy,this paper analyzes the coupling mechanism of technological innovation and financial development. On this basis some suggestions are put forward so as to promote coupling of scientific and technological innovation and financial development.
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As the coordination of technological innovation and financial development has played an important supporting role in improving the ability of technological innovation,the efficiency of financial capital allocation and realizing the sustainable development of economy,this paper analyzes the coupling mechanism of technological innovation and financial development. On this basis some suggestions are put forward so as to promote coupling of scientific and technological innovation and financial development.
Key concepts: Mechanism (biology), Financial innovation, Business, Sustainable development, Industrial organization, Technological change, Capital (architecture), Economic system