GEOGRAPHICAL RESEARCH ›› 2013, Vol. 32 ›› Issue (10): 1899-1911.doi: 10.11821/dlyj201310013

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Development of sci-tech financial system and its spatial impacts on high-tech zone: The case study of Wuxi New District

JI Feifei1,2, CHEN Wen1, YUAN Feng1, SUN Wei1   

  1. 1. Nanjing Institute of Geography & Limnology, CAS, Nanjing 210008, China;
    2. University of Chinese Academy of Sciences, Beijing 100039, China
  • Received:2013-04-25 Revised:2013-07-12 Online:2013-10-10 Published:2013-10-10

Abstract: Sci-tech finance is emerging with the deepening of science and technology system reform and financial development in China.And it also comes into being to serve independent innovation and construction of innovative country.Based on field investigation, this paper,taking Wuxi New District,one of the main cradles of sci-tech finance innovation in China,as an example,to conduct an empirical research on generation and development of sci-tech financial system and its spatial impacts.This research shows that a relatively complete sci-tech finance service system has been set up in Wuxi New District.There are three main factors that promote the system,policy factor,market factor and social factor.The establishment of sci-tech financial system results in industrial transformation,and then leads to many changes,such as generation of new industry space and spatial form,migration of talent and transition of society.The study enriches theory of sci-tech finance,and provides reference for practice of other areas.

Key words: sci-tech finance, high-tech zone, development, spatial impacts, Wuxi New District