Science Research Management ›› 2015, Vol. 36 ›› Issue (3): 57-63.

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A research on the contribution of financial support and governmental and corporate investment toscientific innovation

Yu Liping   

  1. Institute of Regional Economy and Social Development, Ningbo University, Ningbo 315211, Zhejiang, China
  • Received:2011-02-25 Revised:2011-07-05 Online:2015-03-25 Published:2015-03-20

Abstract: Based on the panel data, this paper analyzed mainly the contribution of scientific fund investment structure to national innovation. The results of research indicate that the governmental and corporate investment has a significant contribution to scientific output and the contribution to scientific innovation is maximized by governmental scientific investment, seconded by corporate scientific investment and minimized by the full-time equivalent of the researchers. However, the bank scientific loan has an insignificant contribution to scientific innovation and its proportion in scientific investment is declining annually. The decline exposes deeply some problems existed in the scientific financial system.

Key words: scientific finance, scientific investment, scientific output, contribution

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