Title :
Integration and innovation of the government-sponsored sci-tech financial resource: Experience from the SIP
Author_Institution :
Sch. of Bus., Soochow Univ., Suzhou, China
Abstract :
This article analyses the successes and problems of the sci-tech finance in the Suzhou Industrial Park (SIP), and proposes strategies for the government-sponsored sci-tech financial resource. It is suggested that the sci-tech bank should provide industry-specialized financial services, the venture capital should be integrated with the business incubators, the small-sum loan company should find more flexible source of fund, and the government should help the financial institutions with sci-techappraisalby the public intelligence.
Keywords :
economics; financial management; innovation management; strategic planning; venture capital; SIP; Suzhou Industrial Park; business incubators; financial institutions; industry-specialized financial services; innovation; integration; sci-tech bank; sci-tech financial resource; small-sum loan company; strategy proposal; venture capital; Appraisal; Companies; Finance; Government; Industries; Investment; Venture capital; Financing; SIP; government; sci-tech;
Conference_Titel :
Innovation Conference (SIIC), 2013 Suzhou-Silicon Valley-Beijing International
Conference_Location :
Suzhou
Print_ISBN :
978-1-4799-0338-2
DOI :
10.1109/SIIC.2013.6624200