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- W2357884537 abstract "ST innovation is very expensive,and therefore needs huge amounts of investment.By collecting relevant statistical data from 1987 to 2009 and employing econometric models,it makes an empirical analysis on Chinese financial support to ST innovation.The results reveal that both the medium and long term loans from financial institutions and the government budgetary technology expenditure play important roles in supporting ST innovation,while securities market gives little support to ST innovation.A further analysis finds out that the medium and long term loans from financial institutions bring a long and increasing positive effect on ST innovation and the government budgetary technology expenditure generates a prompt but decreasing effect.As to the securities market,their relative underdevelopment and the structural problems are the main reasons to lead their little support to ST innovation." @default.
- W2357884537 created "2016-06-24" @default.
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- W2357884537 date "2012-01-01" @default.
- W2357884537 modified "2023-09-27" @default.
- W2357884537 title "An Empirical Analysis on Financial Support to S&T Innovation in China" @default.
- W2357884537 hasPublicationYear "2012" @default.
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