Proceedings of the 2019 4th International Conference on Financial Innovation and Economic Development (ICFIED 2019)

The Enlightenment of Technology Overtaking the Country to China's Financial Support for Science and Technology Innovation

Authors
Xinyi Wang
Corresponding Author
Xinyi Wang
Available Online February 2019.
DOI
https://doi.org/10.2991/icfied-19.2019.67How to use a DOI?
Keywords
technology leader, technology catching up with the country, technological innovation, financial support
Abstract
This paper divides the ratio of intellectual property export cost and intellectual property import cost in the balance of payments as a technical division indicator to replace per capita GDP to re-divide the world economy,and then defines the concept of leading and catching up. The project represents the degree of scientific and technological development of a country. The export cost of intellectual property is higher than the import cost, indicating that the scientific and technological level of a country is at a leading level.The A value is greater than 1 is the leading country of technology , and the A value is less than 1 is the technology to catch up with the country. It also analyzes the experience of Korea's financial support for scientific and technological innovation in the stage of catching up with China , and gains the enlightenment of China's financial support for technological innovation.
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This is an open access article distributed under the CC BY-NC license.

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Proceedings
Part of series
Advances in Economics, Business and Management Research
Publication Date
February 2019
ISBN
978-94-6252-678-5
ISSN
2352-5428
DOI
https://doi.org/10.2991/icfied-19.2019.67How to use a DOI?
Open Access
This is an open access article distributed under the CC BY-NC license.

Cite this article

TY  - CONF
AU  - Xinyi Wang
PY  - 2019/02
DA  - 2019/02
TI  - The Enlightenment of Technology Overtaking the Country to China's Financial Support for Science and Technology Innovation
PB  - Atlantis Press
SP  - 355
EP  - 360
SN  - 2352-5428
UR  - https://doi.org/10.2991/icfied-19.2019.67
DO  - https://doi.org/10.2991/icfied-19.2019.67
ID  - Wang2019/02
ER  -