Western Barriers To Private Sme Financing System And System Innovation Research

As an important component part of national economy, the non-state-owned Small and Medium-sized Enterprises(SME) of western region have become a major force for economic growth. They have been playing an important role in meeting the consumption demand, absorbing surplus labour, maintaining social stability, providing the state with revenue, and promoting the upgrading of the industrial structure and economic development. At present, in the circumstance of non-state-owned SME and the science and technology enterprises gradually expand , all of the non-state-owned Small and Medium-sized enterprises encounter "financing obstacle", and it has become the most big obstacle for private enterprises to development in future.The thesis involves many courses, including District Economics, Finance , Institutional Economics and Enterprise Management etc. So the author makes use of various methods in writing this paper. At first, the paper makes overview on the theory of non-state-owned Small and Medium-sized enterprises financing in comparison and generalization together, comparing the growth level of western region with eastern region. Second, the paper defines non-state-owned Small and Medium-sized enterprises in qualitative and quantitative, at the same time analyzes the financing structure and financing channel of private enterprise and interpreters the cause why financing is difficult to those enterprises. Most of important, the paper discusses the financing obstacle of non-state-owned Small and Medium-sized enterprises from the point of institution supply , referring to the financing obstacle including two points, the external environment and internal system environment of non-state-owned Small and Medium-sized enterprises.The unbalance development of district economy is one big characteristic of China's economy, compared with the eastern economic flourishing region, western region belongs to the backward region of China. Backward western region existences in the phenomenon of financial repression, which expresses on financial development lags behind economy development, financial structure lags behind economic structure. This is the factor of exterior system environment which makes "financing obstacle". Moreover, compared with the eastern private enterprise, the western private enterprises are small-scale , the technique level is low and management is not normative, which make the non-state-owned Small and...