摘要
在一个分工演进的分析框架中,可以证明金融产品对资源配置至关重要,产品创新可以增加金融交易配置资源的迂回度,进而提高配置效率。以供给导向为特点的金融产品创新模式不能满足金融开放的需求,表现为金融产品创新缺乏必要的制度空间。金融产品创新需要突破制度约束,建立以市场需求为导向的产品创新模式。
Financial product innovations enhance the roundaboutness of resource allocation through finance trading,and therefore im-prove the efficiency of resource allocation.The product innovation ability of financial institutes will determine if we can gain the ac-quired advantages in the process of financial opening.Financial product innovation in China is not a pure technical problem,institu-tional factors are more important.To solve this problem,we need to break the institutional restraint and establish a market-oriented innovation model.
出处
《河南社会科学》
2003年第4期66-68,共3页
Henan Social Sciences
关键词
金融产品
创新
经济分析
制度约束
创新策略
资源配置
financial product innovation
economic analysis
institutional restraint
innovation strategy
