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has been cited by the following article:

• TITLE: How Do Tech Companies Finance in the Context of Sci-Tech Finance?

  AUTHORS: Hongying Li, Mohd Effandi Yusoff

  KEYWORDS: Financing, Tech Company, Operate Mechanism, Sci-Tech Finance, Policy Intervention

  JOURNAL NAME: Chinese Studies, Vol.13 No.1, January 31, 2024

  ABSTRACT: The sci-tech finance aims to cultivate high-value-added industries and enhance the economy’s overall competitiveness. A good match of science, technology, and finance helps to accelerate the growth of tech companies and regional economies. This article focuses on the operation mechanism of the financing system of tech companies. The driving mechanism, coordination mechanism, and balancing mechanism are conducive to technology enterprises to obtain more funds and improve the utilization rate of funds. Three models reveal how the financing system operates depending on the specific situation and the process of policy intervention in the sci-tech finance environment. These findings offer theoretical guidelines for policymakers to improve their innovation process and remove possible obstacles by motivating financing institutions.