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.
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