Research on the Development Level of Science and Technology Finance in Anhui Province Based on Principal Component Analysis

Liying Yao

doi:10.63313/EBM.9035

Authors

Liying Yao Faculty of Statistical and Applied Mathematics, School of Anhui University of Finance and Economics, Bengbu Anhui, China Author

DOI:

https://doi.org/10.63313/EBM.9035

Keywords:

The development of science and technology finance, Principal component anal-ysis

Abstract

The purpose of this paper is to study the development level of science and technology finance in 16 prefecture-level cities in Anhui Province in 2021.Firstly,on the basis of the existing data and previous researches, the evaluation indexsystem of the development level of science and technology finance was constructed. Secondly, the principal component analysis method was used to extract thetwo principal components of innovation and intellectual property index, R&Dinvestment and financial structure index, and the comprehensive score equation was obtained, which comprehensively evaluated the development level of science and technology finance in 16 prefecture-level cities in Anhui Province. Finally, based on the comprehensive scores of each city, the 16 prefecture-level cities were divided into five categories, and it was concluded that the development level of science and technology finance in Hefei and Wuhu was in the leading position in the province, while the development level of science and technology finance in Bozhou, Huainan and Suzhou was relatively backward.

References

[1] WANG J, CHEN H X, LIU Z Y, et al. Measurement and spatial distribution characteristics of regional sci-tech finance development level: Evidence from Hebei Province [J].Journal of Science and Technology Entrepreneurship, 2024, 37(1): 128-133.

[2] WANG J. Promoting the deep integration of science-technology and finance [J].People’s Tribune, 2019(24): 70-71.

[3] XUE W, HU B B, WEI S J. Deepening the integration of science-technology and finance to empower high-quality enterprise innovation [J].Bulletin of Chinese Academy of Sciences, 2022, 37(9): 1206-1215.

[4] CAO H, YOU J X, LU R, et al. An empirical study on the development index of sci-tech fi-nance in China [J].Chinese Journal of Management Science, 2011, 19(3): 134-140.

[5] LIU W L, HAO W L, XIA Q. Regional differences in the impact of sci-tech finance on eco-nomic growth: Empirical analysis based on panel data from eastern, central, and western China [J].Macroeconomic Research, 2014(2): 87-94.

[6] LI H M, LIU F H, FANG T L, et al. Research on the performance evaluation system of sci-tech finance in Guangdong Province [J].Guangdong Science & Technology, 2015, 24(10): 1-2+11.

[7] WANG H Y, LIU Y. Measurement and analysis of regional sci-tech finance development level [J].Technology Economics, 2019, 38(4): 50-56.

[8] WANG C P. Construction of sci-tech finance indicator system for 11 eastern provinces [J].Hebei Enterprise, 2022(5): 99-101.

[9] FANG L, WANG C P, XU Y, et al. Evaluation of provincial sci-tech finance ecological security in China based on symbiosis degree model [J/OL].Journal of Safety and Environment, 2022(6): 1-11.

[10] CHU X W, WANG J B. Impact of sci-tech finance policies on the upgrading of digital enter-prises in global value chains [J].Contemporary Economic Research, 2024(6): 116-128.

[11] TIAN X J. Research on the synergistic effect of sci-tech innovation and sci-tech finance on high-quality economic development: A case study of Henan Province [J].Modern Manage-ment Science, 2024(2): 21-31.

[12] WU K, DAI G K, ZHANG W L. Evaluation and research on sustainable development capacity of small and medium-sized cities based on principal component analysis: A case study of Bengbu City, Anhui Province [J].Resource Development & Market, 2013, 29(4): 380-384.