Innovative Research On High-tech Enterprise Financial Management

The high and new-technology corporation is the result of knowledge economy. It is not only the entry of knowledge economy, but the underpinning corporation as well. Its holding of innovative technology, on one hand, produces great social fortunes from little consumption of resources; on the other hand, by spreading quickly to the traditional industry or agriculture, increases the quality and level of product, which are beneficial to increase its competitiveness and improve living standard of people. As the result, countries all over the world put great importance on the developing of the high and new-technology corporation, because it is beneficial to decrease the bad consumption of limited resources by the traditional industries, to increase the additional value and competitiveness of the products, to boost up the GDP of the country and to ensure the sustaining, fast and healthy development of national economy. The high and new-technology corporation, under such background, achieved great improvement, contributed more and more to the economy growth, and became the core of social and economic development in place of the traditional industries. However, the theory and practice of the high and new-technology corporation's financial management lags behind, which is not in coincidence with the reality. Nowadays, financial management model, which was made on the basis of traditional industry, is cored by the raising and using of money and physical goods etc. From the respective of increment, it puts importance on the increment of money by the managing and using of financial capital. This model dismisses the importance of knowledge capital, not in coincidence with the objective reality of the high and new-technology corporation, which regards knowledge capital as the main economic resources. it can not meet the demand of improvement. Therefore, the author of this essay think it is essential to research the high and new-technology corporation's financial management, in order to found a new financial management model suitable to development. This essay consists of three parts, in the logistic order of the theory to the practices. It is begun from the analysis of the characteristics of the high and new-technology, which lead to the new demand for the high and new-technology corporation's financial management. Secondly, it explains the new progress of the goal and object of the high and new-technology corporation's financial management from the point of theory. Lastly, in combination of theory and practices, it analyzes the new changes of the high and new-technology corporation's financing dilemma and the high and new-technology corporation's resources management, which include the research and exploit investment, intangible capital and human resources. It also provides some solvent ways. The following is the abstract of each part:Part 1(chapter 1) describes the definition and characteristics of the high and new-technology corporation, and the new demand for the high and new-technology corporation's financial management. The high and new-technology corporation is a mobile and relative definition, it means the corporation engaged in the research and exploit of one or more high and new-technology, as well as the transition and production of the commodity. Since it has different definition and its recognizing standard in different times and different countries or areas, it is of great importance to get well known of its definition and standard. In contrast to the traditional industry, the high and new-technology corporation is the combination of knowledge-tensed and technology-tensed, a typical knowledge corporation. The knowledge and technology, which have a bigger part of the total capital and have more important role, are the basis of the high and new-technology corporation's exist and develop. Therefore, the high and new-technology corporation calls for the change of financial management from the traditional financial capital-cored model to the new model cored by the knowledge and finance capital. Part 2(...