Empirical Analysis About the Promotion Effect of Financial Intermediation on Science & Technological Innovation

Wei Wei ()
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Wei Wei: Hebei University of Technology

Chapter Chapter 13 in The 19th International Conference on Industrial Engineering and Engineering Management, 2013, pp 107-114 from Springer

Abstract: Abstract Financial intermediation plays a great important part in science and technology innovation. We construct a financial intermediary model to analysis its effect to science and technology innovation. We get data from science and technology district in Peking, Tianjin, Hebei. And we use panel data unit root test and the panel data co-integration to examine the relationship between innovation and the support in the finance in small business enterprise in three districts. Research result shows finance intermediation has relation with technology innovation in different district. We suggest establishing the financial reform area. Encouraging civil capital getting into finance service realm is necessary. We should open folk’s investment outlet and improve small tiny business enterprise.

Keywords: Data co-integration; Financial intermediation; Science technological innovation; Unit root test (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-642-38427-1_13

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DOI: 10.1007/978-3-642-38427-1_13

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