李颖明,李倩,王颖.基于科技创新链视角的科技与金融融合发展研究[J].中国科学院院刊,2022,37(9):1189-1196.

基于科技创新链视角的科技与金融融合发展研究

Research of S&T and Financing Integration Development from Innovation Chain Perspective

李颖明^1,2
中国科学院科技战略咨询研究院 北京 100190;中国科学院大学 公共政策与管理学院 北京 100049
LI Yingming^1,2
Institutes of Science and Development, Chinese Academy of Sciences, Beijing 100190, China;School of Public Policy and Management, University of Chinese Academy of Sciences, Beijing 100049, China
李倩¹
中国科学院科技战略咨询研究院 北京 100190
LI Qian¹
Institutes of Science and Development, Chinese Academy of Sciences, Beijing 100190, China
王颖^1,2*
中国科学院科技战略咨询研究院 北京 100190;中国科学院大学 公共政策与管理学院 北京 100049
WANG Ying^1,2*
Institutes of Science and Development, Chinese Academy of Sciences, Beijing 100190, China;School of Public Policy and Management, University of Chinese Academy of Sciences, Beijing 100049, China

         创新链;资金链;逻辑框架;科技与金融融合发展

        innovation chain;capital chain;logical framework;S&T and finance integration development

        科技与金融融合有助于提高科技创新效率，也有助于拓展金融资本的利润增长空间。随着基础研究成果转化为现实生产力的周期大幅缩短，金融资本与科技的融合向创新链前端延伸，抢占创新链前端的制高点成为各国竞争的焦点。文章从科技创新链的视角，构建了科技与金融融合的逻辑框架，分析了不同创新阶段的科技创新目标、产业发展特征、资金运行规律。基于中国金融与科技协同演化的过程研究，提出我国科技与金融融合发展的相关建议。

        S&T and financing integration contributes to improve innovation efficiency and expand profit margin of financial capital. With the shortening transformation period from basic research into practical productive force, this integration extends to the front of the innovation chain. Dominant position in foundation innovation is becoming the focus of major country competition. From the perspective of innovation chain, this study puts forwards a logical framework of S&T and financing integration. For different innovation stages, the study analyzes the technology innovation goals, industrial development characteristics, and the rules of capital operation. Based on the co-evolution processes of S&T and financing, suggestions of S&T and financing integration development in China are provided.