Research on the Coupling between the Efficiency of Technological Innovation and the Development of Technological Finance in the Yangtze River Delta Region
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DOI: 10.23977/ICEMESS2023.064
Author(s)
Huang Kun, Li Zhenyi, Zhang Jian
Corresponding Author
Huang Kun
ABSTRACT
Development is the first essence, technological innovation is the driving force for development and progress, and the technological finance is an important support. The degree of those has greatly influenced the development power level of cities and regions. Taking the four regions in the Yangtze River Delta from 2011 to 2020 as an research object, this paper constructs an indicator system for the efficiency of technological innovation and the development of technological finance, calculates the efficiency of technological innovation in the four cities in the Yangtze River Delta by using the two-stage network DEA model, judges the expand degree of technological finance of the four cities by using the entropy weight TOPSIS method, and finally uses the coupling coordination degree model to couple the efficiency of technological innovation and the development level of technological finance in the cities in the Yangtze River Delta. According to the coupling results, it analyzes the degree of coupling and coordination of technology finance and technical innovation in four cities, discusses the main factors which affect the level of coupling and coordination, and puts forward different suggestions according to the characteristics of each city, such as its geographical location and resource endowment, in order to provide ideas for the mutual promotion and coordinated development of technology finance with technical innovation in the Yangtze River Delta.
KEYWORDS
Technological innovation, Technological finance, Network DEA, Entropy weight topsis method, Coupling