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Research on Financial Backing of Technological Innovation in Heilongjiang Province by System Dynamics

In: Proceedings of 20th International Conference on Industrial Engineering and Engineering Management

Author

Listed:
  • Xiu-ying Guo

    (Harbin Institute of Technology
    Heilongjiang Institute of Technology)

  • Xiao-lei Yang

    (Heilongjiang Institute of Technology)

  • Xiao-feng Hui

    (Harbin Institute of Technology)

Abstract

From the perspective of system dynamics, this paper carries out the study on the quantitative analysis of financial support to technological innovation in Heilongjiang Province and achieves the model by the software Vensim. Based on in-depth analysis and constituent elements data of technology innovation funds from 2000 to 2010, the network of enterprise’s technological innovation is set up as a system dynamics model in three aspects: increasing public financial investment, assessing the development level of financial industry and reasoning the financial industry’s participation to simulate and predict the trend. As the application of the model, the key indicators of innovation technology in the next few years are predicted for management decisions.

Suggested Citation

  • Xiu-ying Guo & Xiao-lei Yang & Xiao-feng Hui, 2013. "Research on Financial Backing of Technological Innovation in Heilongjiang Province by System Dynamics," Springer Books, in: Ershi Qi & Jiang Shen & Runliang Dou (ed.), Proceedings of 20th International Conference on Industrial Engineering and Engineering Management, edition 127, pages 337-346, Springer.
    • Handle: RePEc:spr:sprchp:978-3-642-40072-8_33
    DOI: 10.1007/978-3-642-40072-8_33
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