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Study of Financing Policy on the Development of Strategic Emerging Material Industry
Abstract:
As the core of modern economy, finance plays a vital role in the development of strategic emerging industries. A rapid progress of these industries demands a well formed financial support system and a full play given to the role financial support. According to emerging industries life cycle theory, the characteristics of new industry and its law of development determine its funding requirement in various stages of development. This paper analyzes the characteristics of strategic emerging material industries and proposes financing policy in its different stage.
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4848-4851
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September 2014
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© 2014 Trans Tech Publications Ltd. All Rights Reserved
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