Traditional Social Relationship Network And Private Enterprise's System Arrangement In The Institutional Transition

China is in a new stage of economic transformation,the innovation of system and establishment of social order become the difficult problem of China's economic transformation.Although the socialist market economy system has been basically established,due to the lack of external institutions,the enterprises especially private enterprises in the process of economic activity,in order to deal with the complex external uncertainty,its production and operation is necessary to open the internal system model,using Chinese model combined with the traditional relationship between network and market network.The enterprise system with Chinese characteristics will be gradually formed,and China's social economy will keep healthy and stable development.Firstly,this paper explores the characteristics of Chinese social network and social network of Chinese private enterprises with the theory of traditional culture.Then the paper analyzes the structure of Wenzhou private enterprise financing relationship network by using the social network theory,and discusses the influence of the financing structure network on the financial stability of Wenzhou,so as to explain the stable function of Chinese traditional relation network.In theory,in order to illustrate the traditional development model Chinese relationship network,the traditional "pattern of difference" theory has been extended.And the paper constructs the 3D model of the network structure of Chinese personal relationship network and Chinese private enterprises' relationship network,so as to clarify that the traditional relationship is which basing on kinship and keeping"Benevolence,righteousness,courtesy,wisdom and trust" as guiding principle can break the consanguinity restrictions,realize well relationship between people.It is a balanced network system,which can realize the unity of "profit" and "altruism",so that the trust system between social groups can be constructed.The theory of enterprise growth thinks in the transition period,the key to survival and development of enterprises lies in the integration of trust resources.Once the trust relationship is established,the network can be extended in the market.Therefore,the way to participate in the production and operation of enterprises from the traditional relationship network is a special path to achieve internal and external market trust.The relationship network of private enterprises in China includes the relationship network of entrepreneurs and enterprises themselves.When the enterprise develops to a certain stage,the network of the enterprise itself will surpass the entrepreneur's private network to occupy the leading position in the enterprise.However,it is difficult to eliminate the influence of entrepreneur relationship network on enterprise relationship network.In theory,the relationship between the network via the company system reform,can completely remove the influence of blood relations,however,the present situation of China private enterprises is not all private enterprises are suitable for the reform of company system.Therefore,in the transition period,the operation mechanism of the enterprise relationship network is characterized by two features:on the one hand,the private enterprises should strive to extend the scope and quality of the entrepreneur's personal relationship network.On the other hand,the private enterprises should use their own network to look for key customers in the non-embedded nodes in the network,then establish relations with the firm,transformed the non-embedded nodes into embedded nodes,so as to eliminate the influence of uncertain factors in the transition period on the management of private enterprises.The essence of this institutional arrangement is making the blood relations into production relations,to achieve the integration of trust resources.Thus it plays a role of stabilizing the economy.In the empirical part,the three parts are discussed,and mainly through the method of sample survey and case analysis.Through the sample survey data,as well as the previous reference and research experience,obtains the universal law.Then through the accumulation and continuity of individual cases,verify the general rules and characteristics.The first part,the main use of statistical analysis,combined with the economic data of Wenzhou 2010-2015 and Wenzhou 121 senior executives of the field interviews,found that the characteristics of the relationship network of private enterprises in Wenzhou:(1)Private entrepreneurs have the circle of culture;(2)The network of Wenzhou private enterprises has flexible scalability,and the relationship between blood,geography and industry has an important position in the private enterprises;(3)The continued expansion of the personal relationship network of private enterprises in Wenzhou has some limitations,and the expansion of private enterprise's self-relationship network is still subject to the entrepreneurs' network and blood relations.It is difficult for the enterprise to realize the free expansion.Therefore the financing of private enterprises in Wenzhou have the characteristics of internal and external relations,closeness,self-closed.The second part,with the help of the social network analysis method and PAJEK software,the data of Wenzhou's listed companies and their partners(239)were calculated and analyzed.At the same time,a questionnaire was used to analyze and verify the case.The paper explained the risk prevention function of Wenzhou finance relationship network.Data show that the financing of private enterprises in Wenzhou network does not accumulate into a block,but factions.Wenzhou private enterprise which is good at using the private relation network to find the object of financing cooperation in the network,and formed the unique risk control system in financing network:(1)The scale of the private relation network is limited by the blood and geography,and the scale of the loan is limited.(2)The degree of trust relationship network among the members is differs from man to man,and display the characteristics of small groups in networks.At the same time,the network also has the virtue of the ethical and moral constraints,and the risk control mechanism of self-constraint is formed.(3)The core enterprise in the financing network can intervene and "digest" the network risk in advance to ensure the security of the network.(4)Because the core enterprise can grasp the situation of the enterprise in real time through the relationship network,once the crisis,the core enterprise is adjusted in advance.For commercial banks,it will form as protective barrier.To a certain extent,it will also reduce the risk of commercial bank,although some of the risk will eventually be transferred to the bank.But commercial banks can also use its ability to absorb losses,and take the advantage of its huge assets,management and information to intervene and ultimately resolve risks,and avoid the problem of enterprise risk spread to the community.So it limited the spread of credit risk in Wenzhou.The third part is to use the dynamic theory model of risk transmission and MATLAB software to simulate and analyze the financing network structure of Wenzhou,Once again verified:(1)When the individual risk occurs,the network's transmission ratio is at a low level,the structure of the financing relationship network is stable.(2)"Central enterprises" play a role in risk control in network.Therefore,in the absence of a national financial crisis,the financing structure of Wenzhou is robust.So the traditional relationship network has the function of stable economy.But we can't ignore the interference of external factors to the network system.During gradual improvement of the external system,the article puts forward some strategies and advocate relying on the mutual aid system and the "central enterprise" acquaintance network to carry out bank credit guarantee,as well as the role of government should play in the process of transformation.