Funding for science and technology investment in enterprises in Hanoi: Current status and solutions

Abstract

Capital plays an important role in deciding the investment of enterprises, in which investment in science and technology requires a large amount of capital and a long investment period. Initial capital is less likely to come from the state budget, own capital of the business, co-operative loan, and commercial bank loans. These funds are used for R & D, transfer, procurement of technology, and training of scientific and technological staff. For Hanoi businesses, in addition to the state budget, enterprises have the opportunity to obtain concessional loans, commercial banks and joint ventures, and other organizations. Invest in science and technology. However, in the coming time, Hanoi enterprises should increase their own capital and take advantage of the capital to make full use of social resources and other sources of capital to promote science and technology investment.