Cultivating and Strengthening Patient Capital to Promote the Development of New Quality Productive Forces

Abstract

Accelerating the concentration of capital factor resources in the fields of scientific, technological, and industrial innovation is of significant importance for fostering the emergence and development of new quality productive forces characterized by high technology, high efficiency, and high quality. From the perspective of science and technology finance supporting the development of new quality productive forces, this paper first clarifies the conceptual connotation of patient capital and defines its characteristics and expansion of its scope. It then elucidates the operational mechanisms through which patient capital underpins and facilitates the development of new quality productive forces. Furthermore, this paper discusses the essential principles, requirements, and key points of comprehensive support for new quality productive forces through patient capital, including science and technology credit, venture capital, and stock financing. Finally, several policy recommendations are proposed to cultivate and strengthen patient capital under the current conditions.

Keywords

patient capital / new quality productive forces / science and technology finance / scientific and technological innovation / industrial upgrading

RIGHTS & PERMISSIONS

Higher Education Press