Study on Institutional Constraints and Innovation of Chinas Sci-Tech Finance: A Case of Hubei Province of China
Sci-tech Finance is an important component of financial development , and the combination of technology and finance is a win-win. Based on the theories of sci-tech finance development, this article analyzes current situation of the sci-tech financial development in Hubei province of China and the progresses that have been made in the construction of platform of Sci-tech financing, pilot project of sci-tech insurance and the governments promotion of sci-tech finance. This article also points out the relatively low level of sci-tech Finance. The fundamental reason of this situation is the lack of sound institution, that is, the lack of property rights of scientific and technological enterprises, governments market awareness, effective co-ordination mechanism, integral credit guarantee system and motivation of mechanisms of financial innovation. So intitutional innovation should be the starting point to promote the development of sci-tech finance.
Wang Luanfeng Liu Wenbo
Business School,Hubei University,Wuhan,P.R.China,430062
国际会议
The 7th International Conference on Innovation and Management(第七届创新与管理国际会议 ICIM 2010)
武汉
英文
1432-1436
2010-12-04（万方平台首次上网日期，不代表论文的发表时间）