Research on Financial Backing of Technological Innovation in Heilongjiang Province by System Dynamics

Xiu-ying Guo (), Xiao-lei Yang and Xiao-feng Hui
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Xiu-ying Guo: Harbin Institute of Technology
Xiao-lei Yang: Heilongjiang Institute of Technology
Xiao-feng Hui: Harbin Institute of Technology

A chapter in Proceedings of 20th International Conference on Industrial Engineering and Engineering Management, 2013, pp 337-346 from Springer

Abstract: Abstract From the perspective of system dynamics, this paper carries out the study on the quantitative analysis of financial support to technological innovation in Heilongjiang Province and achieves the model by the software Vensim. Based on in-depth analysis and constituent elements data of technology innovation funds from 2000 to 2010, the network of enterprise’s technological innovation is set up as a system dynamics model in three aspects: increasing public financial investment, assessing the development level of financial industry and reasoning the financial industry’s participation to simulate and predict the trend. As the application of the model, the key indicators of innovation technology in the next few years are predicted for management decisions.

Keywords: Financial backing; Innovation; System dynamics; Technology (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-642-40072-8_33

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DOI: 10.1007/978-3-642-40072-8_33

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