The Study On The Financing Difficulties Of The Hi-tech SMEs In Dalian

Hi-tech SMEs play an important role in speeding our country’s industry structure adjustment process,improving the R&D capabilities, promoting the economy and so on.Despite its indispensable role, however, hi-tech SMEs are faced with fierce financing difficulties, which prevented them from developing well.Hi-tech SMEs in Dalian also contribute to the local economy to a great extent, increasing job opportunities for example.There is no doubt that hi-tech SMEs has become an essential prerequisite for the sustainable development of Dalian.There is still not a proper and perfect financing system for hi-tech SMEs in Dalian, and hi-tech SMEs are characterized as being "high investing and high risk". The above two reasons lead the hi-tech SMEs to face financing difficulties in the developing process.With this background, the study of solving the financing difficulties of hi-tech SMEs in Dalian to promote their healthy development means a lot. On the one hand, it is helpful to improve the sustainable and speedy development of the economy in Dalian.On the other hand, it provides important implications to other regions and the whole country’s on how to develop the economy,increase the sate revenues stabilize the society and so on.Based on the investigation result of the hi-tech SMEs, the banks, the government, and the hi-tech industry associations in Dalian, the article analyzes the financing difficulties from various aspects, and try to explore a proper financing support system for Dalian.The first chapter is the introduction, mainly elaborate the research background and significance of the high-tech SMEs financing dilemma,introduce the content and expound the research ideas, methods as well as possible innovations of this paper.The second chapter is the research summary at home and abroad carding about the domestic and overseas correlational research of high-tech SMEs.The third chapter overviews the financing present situation of high-tech SMEs in Dalian. Firstly, define the concept of high-tech SMEs, Then introduce the basic situation of the high-tech SMEs in Dalian. Finally, analyze the characteristics of the financing needs of high-tech SMEs in Dalian.The fourth chapter analyzes the causes of financing difficulties of high-tech SMEs in Dalian mainly from six aspects of enterprises, banks, government, capital market and risk investment development,the social credit system and guarantee industry development,folk financial development and industry association respectively,based on the basic situation of Dalian presented on the third chapter. The fifth chapter puts forward the countermeasures and suggestions to solve the financing Dilemma of high-tech SMEs in Dalian. According to the financing Dilemma causes of high-tech SMEs in Dalian,this chapter puts forward the policy suggestions from the following several aspects:Firstly, to construct the financing capability system of high-tech SMEs; Secondly, to construct the indirect financing system with banks as the main body. Thirdly,to construct government-oriented policy financing system; Fourthly,to speed up the development of capital market and risk investment.Fifthly,to speed up the construction of social credit system and promote the development of guarantee industry.Sixthly,to promote the rational development of folk finance and regulate the role of the industry association The last chapter makes a rough summary of the full text.The main innovation and what needs to improve are as follows:First,the thesis use the descriptive method and make corresponding investigation into the hi-tech SMEs, the government, the banks and the hi-tech industry associations in Dalian. Based on the statistics of the investigation result, the paper analyzes different factors that influence the hi-tech SMEs’financing situation from different perspectives. This not only provides helpful suggestions on how to solve the financing difficulties of hi-tech SMEs in Dalian, but also offers important implications to other regions and the whole country. Then,the author suggests that an overall financing system should be built, which involves the following participants and "not one less":the hi-tech SMEs themselves, the banks, the government, the capital market, the risk investment, the social credit system, the guarantee industry, the folk fiance and the hi-tech industry associations.Due to the privacy of the financial data of hi-tech SMEs, the paper cannot conduct empirical analysis using a strict model, which is to be improved in the future research.