POLICY SUGGESTIONS ON THE DEVELOPMENT OF SCI-TECH FINANCE IN ZHEJIANG, CHINA
Abstract
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Transformation is a pressure faced by Chinese enterprises. As the first productivity, Sci-tech is the key to enterprise transformation and upgrading, and even to national strategic structural adjustment. Most enterprises conducting technological R&D and innovation are all faced with fund shortage. It is crucial and urgent to study how finance promotes Sci-tech progress and development. Based on a large quantity of survey data, by studying the current situation and difficulties of Sci-tech finance development in Zhejiang province in China, this article focuses the two major cities in the province: Hangzhou and Ningbo as typical cases to discuss how to perfect Sci-tech finance policies in Zhejiang province in order to lay the foundation for further promoting Scientific and technological development in Zhejiang province.

Authors
Yongmin Zhang1, Kaibing Zhou2, Wenjun Tu3, Xi Shen4, Jie Tang5
Centre for Global Finance and Nottingham University Business School, The University of Nottingham, China1,3,4, Hangzhou Hi-tech Venture Capital Co., Ltd and Hangzhou Venture Capital Service Center, China2, Business School, The University of Nottingham, China 5

Keywords
Sci-Tech Finance, Current Situation, Difficulties, Zhejiang Province
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Published By :
ICTACT
Published In :
ICTACT Journal on Management Studies
( Volume: 1 , Issue: 2 , Pages: 63-73 )
Date of Publication :
May 2015
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623
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