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The Input-output Status and Efficiency Analysis of Science and Technology Finance in Liaoning Province

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DOI: 10.23977/ferm.2023.060202 | Downloads: 18 | Views: 514

Author(s)

Taozhe Bai 1

Affiliation(s)

1 School of Economics and Management, Liaoning University of Technology, Jinzhou, Liaoning, China

Corresponding Author

Taozhe Bai

ABSTRACT

The efficient integration of high-tech and financial industry is a key engine to promote regional economic, social transformation and upgrade, as well as to realize the strategy of innovation-driven growth. Liaoning Province is in the critical period of economic transition. It is an important guarantee and inevitable choice to carry out science and technology finance, which further enhances independent innovation ability, actively integrates regional resources and continuously expands the scale of the province. Therefore, this paper analyses the input-output status of science and technology finance in Liaoning Province based on DEA-Malmquist index model and carries out an empirical study. Furthermore, an evaluation of the input-output status of science and technology finance in Liaoning province is proposed from perspectives of comprehensive benefit, technical benefit and scale benefit. Finally, specific suggestions for improving the input-output efficiency are put forward in terms of government functions, scientific research achievements transformation efficiency and talent cultivation.

KEYWORDS

Science and technology finance, input-output efficiency, DEA-Malmquist index model

CITE THIS PAPER

Taozhe Bai, The Input-output Status and Efficiency Analysis of Science and Technology Finance in Liaoning Province. Financial Engineering and Risk Management (2023) Vol. 6: 8-18. DOI: http://dx.doi.org/10.23977/ferm.2023.060202.

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