Promote ＂technology＂
Under the background of the new round of scientific and technological revolution and the accelerated evolution of industrial transformation, it is the only way for China’s high-quality economic development to realize the organic combination of scientific and technological innovation, industrial progress and financial development, improve the contribution of scientific and technological progress to economic growth, give play to the supporting role of finance in scientific and technological innovation and industrial progress, and develop and expand new fields, new tracks and new industries. Facing the complicated and severe domestic and international situation and many risk challenges, China needs to continuously promote the virtuous circle of "technology-industry-finance", which is deeply integrated, gradually formed, mutually promoted and supported, build a competitive modern industrial system and shape new kinetic energy for economic development.
Promoting scientific and technological innovation and transformation of achievements, forging the leading force of circulation
Scientific and technological innovation and achievement transformation are the key links to realize the financial cycle of scientific and technological industry. It is necessary to give full play to the important leading role of scientific and technological innovation in industrial development, clarify the dominant position of scientific and technological innovation in enterprises, increase the investment in scientific and technological innovation, increase the inclination of resources, strengthen the transformation of scientific and technological achievements, and promote the deep integration of science and technology industry and finance.
The first is to build a scientific and technological innovation system with enterprises as the main body, market as the guidance and Industry-University-Research as the combination. Let enterprises, as the main body of market operation, take the initiative, establish the concept of all-round innovation, establish an innovation incentive mechanism, and increase investment in product innovation and technological innovation. By guiding enterprises to invest in basic research, we can eliminate the phenomenon of paying too much attention to short-term interests, focus on the key value of long-term and low-level technologies, strive to achieve innovative breakthroughs, and provide a strong traction for better promoting industrial development.
The second is to give play to the leading role of science and technology enterprises. Give full play to the role of the core engine of key scientific and technological enterprises, promote the healthy growth of small and medium-sized scientific and technological enterprises, continuously improve the level of transformation and industrialization of scientific and technological achievements, and strive to build an industrial scientific and technological innovation center with global influence. Driven by the government’s policy support and leading enterprises, we will focus on key areas and core technologies of the industry and carry out systematic and integrated innovation.
The third is to promote the transformation of scientific and technological achievements by building a platform for the transformation of scientific and technological achievements and improving the technology transfer system. Focus on cultivating market-oriented and specialized technology transfer institutions to improve their service ability and level. Promote the establishment of specialized national technology transfer institutions in colleges and universities and strengthen technology transfer. Establish and improve the intermediary service system for the industrialization of scientific and technological innovation achievements, objectively and scientifically evaluate the market value and development prospects of the industrialization of innovation achievements, and enhance the accuracy of support.
Establish and improve the modern industrial system and consolidate the basic disk of circulation
Industrialization is the key to the formation of productive forces by science and technology, and establishing and perfecting a modern industrial system is a strategic choice to actively grasp the new round of scientific and technological revolution and industrial transformation and effectively cope with the new round of international industrial competition. Only through industrialization can scientific and technological achievements be widely used in all fields of the national economy, forming products with a certain economic scale, creating profits through science and technology, meeting the capital needs of continuous investment in scientific and technological research, thus further promoting new technologies and industries and forming a benign interaction between science and technology and industry.
The first is to promote the transformation and upgrading of traditional industries. In-depth implementation of the strategy of manufacturing a strong country, industrial base reconstruction projects, intelligent manufacturing and green manufacturing projects, quality improvement actions, and manufacturing "increasing varieties, improving quality and creating brands" actions will continue to enhance the integrity, advancement and safety of the industrial system and promote the high-quality development of the real economy.
The second is to develop and expand strategic emerging industries. On the one hand, it is necessary to increase support for scientific and technological innovation, institutional innovation, scene application, etc., and promote the accelerated development of a new generation of information technology, biotechnology, new energy, new materials, high-end equipment, new energy vehicles, green environmental protection, aerospace, marine equipment and other industries, and create a strategic emerging industry growth pole with unique characteristics, complementary advantages and reasonable structure; On the other hand, it is necessary to promote the deep integration of Internet, big data and artificial intelligence, especially manufacturing industries, vigorously develop advanced manufacturing clusters, cultivate new technologies, new products, new formats and new models, and promote the healthy development of platform economy and sharing economy.
The third is to promote the deep integration of the digital economy and the real economy and empower the modern industrial system with a new generation of information technology. Vigorously promote the digitalization of industry, accelerate the digital transformation and upgrading of enterprises, and comprehensively and systematically promote the digital transformation of R&D, design, production and processing, operation and management, sales and service. Promote the opening of digital resources and capabilities such as Internet platforms and leading enterprises in the industry, and help promote the digital transformation of traditional enterprises and small and medium-sized enterprises. Guide and support platform enterprises to strengthen the integration and sharing of data, products, content and other resources, promote the coordinated development of regional digital economy, and build an internationally competitive digital industry cluster.
Optimize the function of financial services and improve the quality and efficiency of circular support.
Finance is an important force to promote the development of scientific and technological innovation and industrial upgrading. We should give full play to the service role of finance in the development of the real economy and the role of capital as a bridge for cooperation in Industry-University-Research, and support the development of science, technology and industry through effective allocation of resources.
First, give full play to the service role of finance in the development of the real economy. Banks and other financial institutions need to increase credit support for scientific and technological innovation enterprises to help enterprises with technology and technology content become bigger and stronger. With the help of the capital incentive mechanism and risk sharing mechanism of the capital market, we will attract more long-term capital to invest in scientific and technological innovation and the development of scientific and technological industries, give full play to the role of the market in resource allocation, and enhance the ability of scientific and technological innovation.
The second is to build an industrial capital circulation platform based on industrial reinvestment. Encourage leading companies with reinvestment ability to reinvest in some emerging technologies or industries through funds in the industry. Give full play to the advantages of leading companies in the industry to use their own industrial and scientific knowledge and talents to realize reinvestment and redevelopment within the industry.
The third is to build a stable, diversified and long-term investment system for scientific research funds. The source of funds should include the joint participation of enterprises, governments and other social funds, and all aspects should play their respective advantages in the investment. It is necessary to continue to increase the scale of government investment in scientific research and development, increase long-term sustained and stable investment to solve the problem of insufficient basic research, attract more enterprises and other social capital to participate in basic research, and establish a scientific research fund system with wide coverage and emphasis on laying the foundation. Actively build a scientific research fund structure with government funds supporting basic research as the leading factor, enterprise funds supporting experimental development and applied research as the leading factor, and other social funds investing in a balanced way, so as to promote enterprises and social capital to play a greater role in tackling key technologies or projects.
Strengthen policy guidance and system guarantee to stabilize the circular driving force.
Nowadays, the world is in a great change that has never happened in a century. Scientific and technological innovation is accelerating, and strategic opportunities and risk challenges coexist. The new situation puts forward higher requirements for the foresight, adaptability and flexibility of China’s innovation policy. Perfecting the system and mechanism supporting basic research and original innovation is an important prerequisite for accelerating the promotion of independent innovation ability. Perfecting the development mechanism of scientific and technological talents, scientific and technological management system and policy system is the necessary guarantee for scientific and technological innovation to be coordinated, orderly and full of vitality.
First, improve systematic policy support, accelerate the construction of a multi-level policy support system of "top planning+science and technology projects+central government policies+local policies+government investment funds", and do a good job in policy support planning from top to bottom. At the same time, coordinate the policy focus of ministries and local governments, give supporting government funds, and use government funds to effectively incite all kinds of social funds to participate in the "technology-industry-finance" cycle.
The second is to pay more attention to stimulating people’s enthusiasm. Improve the talent development mechanism, fully release the internal driving force and subjective initiative of scientific researchers, and realize the best use of talents. Reform the training and support mode of scientific and technological talents, strengthen the education of basic disciplines such as mathematics, carry out innovation and entrepreneurship education, increase support for young scientific and technological talents and innovative entrepreneurs, and increase the training of high-skilled talents. Implement a more flexible policy of attracting and using talents, build a high-level R&D platform, impress talents with the environment, and attract talents with the platform. Implement more effective incentive policies for innovative talents and strengthen the income distribution orientation of knowledge value.
The third is to encourage the financial innovation policy of science and technology industry to try first in the pilot areas. Encourage relevant institutions to focus on the laws and characteristics of scientific and technological innovation in their respective fields, promote the continuous integration of financial capital with technology and industry in terms of products, organizations and service models, encourage and support innovative policies in the financial field, and form and popularize effective experiences and models. Pay attention to industrial incubation, promote the systematization, normalization cooperation and spatial agglomeration of financial service institutions in science and technology industry, promote the nationwide networking and docking of financial service platforms in science and technology industry, and make full use of the resource advantages of various subjects such as government, enterprises, universities, scientific research institutes, social institutions and industry organizations. (Author: Sheng Chaoxun Zhou Xiaoyang; Sheng Chaoxun is the director and researcher of the Strategic Policy Office of China Macroeconomic Research Institute, and Zhou Xiaoyang is a professor at the School of Management of Xi ‘an Jiaotong University. This paper is a phased achievement of the national social science fund’s major project "Research on the risk judgment and coping strategies of global supply chain interruption under the new situation". )
Layout of Economic Information Daily
Editor: Yan Lei
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