Coupling System Model of Sci-tech Innovation and Sci-tech Finance and Its Application
Deng, Q.Z.
Chen, R.
Huang, L.
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How to Cite

Deng Q., Chen R., Huang L., 2015, Coupling System Model of Sci-tech Innovation and Sci-tech Finance and Its Application, Chemical Engineering Transactions, 46, 541-546.
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Abstract

This paper, on the basis of establishing coupling evaluation system of Sci-tech finance and Sci-tech innovation, sets up index weight by adopting Attribute Hierarchical Model (AHM) and Entropy Weighting Method (EWM). Coupling system model is implemented to conduct empirical study to coordinated development of Sci-tech finance and Sci-tech innovation in Hunan Province from the perspective of space and time Results showed that coordinated development of Sci-tech finance and Sci-tech innovation in 14 cities during 2001 to 2012 has been polarized, and its overall level is still relatively low. Among the cities, Changsha is at good coordinated phase while Zhuzhou, Xiangtan, Hengyang and Yueyang are at fundamental coordinated phase. The other cities are at a moderately or severely imbalanced stage. From the angle of space, Hunan province Sci-tech innovation and Sci-tech finance coordination degree have obvious regional imbalance, the Changsha-Zhuzhou-Xiangtan core region has highest coupling coordination level. The coupling coordination level in the West-Hunan region is lowest and has the slowest development speed. From the comparison of comprehensive evaluation index of these two subsystems, Sci-tech innovation and Sci-tech finance loss together is a common phenomenon in the Sci-tech industry development in Hunan province.
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