Author(s)

Song Jiayang, Zhang Yuan

Corresponding Author

Song Jiayang

ABSTRACT

Emerging industries represent the direction of a new round of scientific and technological revolution and industrial transformation. They are the key areas to cultivate new driving forces for development and obtain future competitive advantages. They are new economic sectors or industries with the birth of scientific research achievements and technologies. During the 13th Five Year Plan period, we should put these industries in a more prominent position in economic and social development, vigorously build a new system of modern industries, and promote sustainable and healthy economic and social development. Because of the characteristics of these industries, they cannot do without a large number of stable capital investment and financial support. High efficiency of financial supply means "delivering carbon in the snow" for these industries. Based on the data of 37 emerging industry listed companies in Jiangsu Province from 2013 to 2017, this paper uses the BCC model of generalized DEA to analyze the financial supply efficiency of emerging industry listed companies in Jiangsu Province, and finds that: the overall efficiency value of emerging industry in Jiangsu Province is not optimal, but shows an upward trend; the financial supply efficiency is between different industries and enterprises There are differences.

KEYWORDS

Financial supply efficiency, emerging industry, DEA model