Research On Financial Business Innovation Of SME Based On The Complexity Science

We can see from the trend of social and economic development, SME have become one of the main driving force of socio-economic development. But SMEs in the early days often require adequate enough financial support, so innovation in financial services for SMEs have become a hot topic of scholars. In the past, the financial business which have kinds of disadvantage always failed to fully resolve SME financial problems although it played a role. According to this thesis, financial business innovation includes innovative subjects such as SMEs, Governments, venture capital and other investors. And at the same time, the various factors influence it in varying degress. So we should take these stakeholders as a whole to study, to find out a SME financial business innovation system which can improve sensitivity and adaptability.This thesis is based on the complexity science, analyse related theory domestic and overseas, and the necessity of SME financial business innovation complexity research. Then research the complex characteristics of SME finance business innovation, system elements and self-organization evolution mechanism. On the basis of above research, this thesis build a SME financial business innovation self-organization model , and prove the effectiveness and reality of the model throughtheoretical analysis and empirical research. This thesis researches SMEs, government, venture capital institutions and other investors as a whole innovatively, and builds SME finance business innovation system which regards these innovation subjects as subsystems. In the model constructed in the thesis, the factors can be adjusted to coordinate the movement direction of the various subsystems, so that the entire system to achieve self-organization. The model provides a reference mechanism for SEM finance business innovation. This thesis plays a positive role both for government to help the future development of SMEs and SMEs to solve the funds problem.This thesis has obtained following research results and the research conclusion: SME financial business innovation is a dynamic and open system, and there exist nonlinear relationship among the subsystem. When SME finance business innovation face a complicated and volatile environment, the whole system can realize ego adjustment, in order to enhance the ability to adapt to the environment due to the harmonious operation among the subsystems.SME financial business innovation system includes four innovation subjects such as SMEs, government, vc institutions and other investors. There are so many factors including enterprise competitiveness, enterprise credit line, capital resources, policy environment, risk management and others influence it. Decision-making in today's complex economic situation, should stand at the angle of large systems, construct high coordination, adaptable system through the adjustment to control each subject's action.This thesis introduce Government Guide Venture Capital Funds as analysis object, and prove the validity and realistic significance of the SME financial business innovation self-organization system through an empirical research. At the same time, give related suggestions for the government guidance venture investment funds.In a word, this thesis based on the complexity science, build a SME financial business innovation self-organization system, and prove the validity and realistic significance both in theory and empirical research. This model focus on the link of each stakeholder, and stronger system adaptability. This model provides methods reference and new ideas for SME financial business innovation mechanism.