The factors of scientific and technological innovation include

The elements of scientific and technological innovation include capital, technology and market.

1, fund

Capital refers to the cost of operating industry and commerce. It also refers to fund management, which means that only a small part of funds are at risk in any transaction. Capital is the media value used to create new value and increase the value of social surplus products in the process of social reproduction. A medium used to create new value and increase the value of social surplus products in the process of social reproduction.

The classification of funds mainly includes: according to the distribution form, it can be divided into financial funds allocated through fiscal revenue and expenditure and credit funds allocated through bank credit. According to the purpose, it can be divided into capital construction funds and production and business activities funds. As for the financing platform, the third-party information service platform will be selected, and the investment and financing community of the largest third-party financing platform in China will provide capital information.

2. Technology

Technology is the method and principle of solving problems, and it refers to the method that people use existing things to form new things or change the functions and performance of existing things. Technology should have a clear scope of use and forms and carriers recognized by others, such as raw materials (input), finished products (output), processes, tools, equipment, facilities, standards, specifications, indicators, measurement methods, etc.

Technology is the knowledge, experience, skills and means accumulated by human beings in the process of long-term utilization and transformation of nature in order to meet their own needs and desires, but it also needs a lot of practice to master.

3. Market

Market is one of various systems, institutions, procedures, legal strengthening and infrastructure that all parties participate in the exchange. Although all parties can exchange goods and services through barter, most markets rely on sellers to provide goods or services (including labor) in exchange for buyers' money. It can be said that the market is the process of establishing the prices of goods and services.

The market promotes trade and the distribution of resources in society. The market allows the evaluation and pricing of any tradable item. The market appears more or less spontaneously, or it can be deliberately constructed through the interaction between people to exchange the rights (such as ownership) of services and goods.