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| Research on Financial Support for Integration Innovation of Culture and Technology: Based on Empirical Analysis of Data from 1995 to 2013 |
| HAN Yu-jun, WANG Li |
| School of Economics, Renmin University of China, Beijing, 100872 |
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Abstract The integration of culture and technology is helpful to improve independent innovation capacity and competiveness of China’s cultural industry. It will also provide new cultural concept for technological innovation and promote the adjustment and upgrading of traditional industry structure. Finance provides important support and helps promote the integration of culture and technology. Using the data in culture, technology and finance from 1995 to 2013, this paper first examines the empirical relationship between culture and finance, and the relationship between technology and finance, which suggests finance has positive impact on culture and technology. Then it studies the impact of finance upon the integration of culture and technology. The empirical results show that the development of finance promotes the integration innovation of culture and technology. Finally, the paper puts forward policy suggestions according to the empirical results.
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Received: 24 December 2015
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2016, Vol. 33 
