Thoughts and Practice on the Transformation of Scientific and Technological Achievements

This paper gives consideration to the interim measures on loan risk compensation management of national guiding fund for transformation of scientific and technological achievements. At present, bank loan is the main channel of enterprise financing. Due to the high risk of transformation of scientific and technological achievements, it is difficult for enterprises, especially small and medium-sized enterprises, to obtain credit support from Banks in the case of limited transformation input capacity. Therefore, the government should play a necessary guiding role and use fiscal funds to increase credit and provide support for enterprises to obtain bank loans. In addition to the strong atmosphere of "mass innovation and entrepreneurship", the state has adopted a series of diversified and comprehensive support and guidance. On December 4, 2015, the ministry of science and technology and the ministry of finance jointly issued a notice on the interim measures on the administration of loan risk compensation for guiding funds for transformation of national scientific and technological achievements.