Abstract:

How to activate research productivity by standardized fund management is discussed in the fifth paper. China's development is driven by innovation rather than by elements, and the importance of funding scientific researches and innovation is growing. However, the dilemma is how to deal with rigid fund regulations and the flexible innovation excitation. Based on international experience, the authors propose that the key solution is not only to strengthen budget management and follow the rules of scientific research, but also to establish a new system to facilitate the scientific researches and innovation.