Research on the Core Role and Path of Innovative Financial Mode in New Quality Productive Forces Development
Year: 2024
Type: article
Abstract: New quality productive forces (NQPF) focus on progress and innovation. The position of innovative financial mode is crucial in the development of NQPF. This paper focuses on the relationship between NQPF and innovative financial modes led by science and technology (SAT) finance and digital finance (DF). It discusses why and how innovative financial modes can play a strong part in developing NQPF. The comprehensive analysis results of this paper show that SAT finance invests financial resources into enterprises, and takes enterprises as the core carrier to achieve the rapid development of NQPF, which is embodied in the capital chain, talented people chain, and other chains. DF has strong universality, intelligence, and low costs, which can profoundly reshape industrial ecology and optimize resource allocation. Meanwhile, DF focuses on research and development, achievement transformation, and market promotion, and creates a whole process service mechanism of DF to help the development of NQPF. Finally, this paper discusses two problems of innovative financial mode, which are policy problems and talented people problems. To solve the policy problem, countries should establish a unified finance policy and reduce unnecessary sanctions. To solve the talented people problem, local governments should introduce preferential policies and actively explore and cultivate talents.
Author: Longze Zhang
Institution: Beijing Normal-Hong Kong Baptist University
Language: English
Subfield: Management Information Systems
Domain: Social Sciences
Open Access status: hybrid
OpenAlex ID: W4405818600
