Author(s)

Jun Hu ¹

Affiliation(s)

¹ Hunan Agricultural University, Changsha, China

Corresponding Author

Jun Hu

ABSTRACT

This study focuses on the role of science and technology finance (divided into market-oriented and public types) as a support for new quality productivity, the core driver of high-quality development. Through theoretical analysis, it explores their influence mechanisms on new quality productivity and verifies the mediating effect of regional innovation capacity. Findings show technology finance boosts new quality productivity via two paths: facilitating revolutionary technological breakthroughs and driving industrial upgrading. Regional innovation capacity mediates this relationship by aggregating talents/capital, accelerating enterprise digital transformation and optimizing factor allocation. This research enriches relevant studies on technology finance and new quality productivity, expands the research boundary of regional innovation capacity's mediating effect, and provides theoretical support for policy formulation.

KEYWORDS

New Quality Productivity, Public Tech Finance, Market Tech Finance, Regional Innovation Capacity

CITE THIS PAPER

Jun Hu, Empowering New Quality Productivity through Technology Finance. Financial Engineering and Risk Management (2025) Vol. 8: 218-223. DOI: http://dx.doi.org/10.23977/ferm.2025.080225.

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