A Theoretical Foundation for Innovation-Driven Entrepreneurship

The National Natural Science Foundation of China (NSFC) was established on February 14, 1986. Upon its establishment, NSFC was an institution directly under the jurisdiction of the State Council, tasked with the administration of the National Natural Science Fund from the Central Government. NSFC is responsible for directing, coordinating, and making effective use of the National Natural Science Fund to support basic research and stimulate free exploration, identify and foster scientific talents, as well as to promote progress in science and technology and the harmonious socioeconomic development for the nation.