CAJ | 학술논문

科技是第一生产力产力,科技创新能给企业带来理想的回报,还会增加社会福利,但存在一定风险,同时,科技创新要转化现实的生产力离不开资金的支持。金融资本具有天生的逐利性,面对科技创新带来的丰厚收益,金融资本在权衡收益风险之后,常常和科技创新的企业形成某种形式的结合,从而形成了科技金融。在此理论基础上,运用Stackelberg动态博弈的角度从数理上分析、讨论和检验了科技金融的有关模式。通过研究发现在不同的背景下会产生不同的科技金融模式。
과기시제일생산력산력,과기창신능급기업대래이상적회보,환회증가사회복리,단존재일정풍험,동시,과기창신요전화현실적생산력리불개자금적지지。금융자본구유천생적축리성,면대과기창신대래적봉후수익,금융자본재권형수익풍험지후,상상화과기창신적기업형성모충형식적결합,종이형성료과기금융。재차이론기출상,운용Stackelberg동태박혁적각도종수리상분석、토론화검험료과기금융적유관모식。통과연구발현재불동적배경하회산생불동적과기금융모식。
Science and technology constitute the primary productive force. Innovation about science and technology can bring an enterprise to the ideal eaming and increase the social welfare, and at the same time, it has some risks. Of course, the real productive force cannot be converted by innovation of science and technology without the supports of capital. With the profit - driven nature, facing generous earnings from innovation of science and technology, the financial enterprises usually integrate the financial capitals with sciencetechnology enterprises to form the sci -tech finance after the financial enterprises make the balance between earnings and risks. The pattern of sci- tech finance is mathematically analyzed, discussed and inspected with Stackelberg dynamic game. The different sci- tech finance pattern is brought about under the different backgrounds through the research.