The Research On Risk Sharing Mechanism Of Technology And Finance

Finance is the core of modern economy, science and technology enterprises are themain driving force of economic growth, technology and finance is the effectivecombination of the two. Technology and finance mainly services in science and technologyenterprises of high risk. It faces the high risk and reduces their enthusiasm to participate inscientific and technological innovation. Therefore, studying the risk sharing mechanism oftechnology and finance to provide more financial support for science and technologyenterprises has become the common concerns of scholars at home and abroad.Technology and finance is an important part of financial system. Risk sharing is oneof the core functions of the financial system, and technology and financial system plays animportant role in it. The main contents of this paper include: First, through the theoryresearch of Technology finance and the risk sharing, profoundly understand theconnotation of technology finance and its risk sharing. It reveals the inner link betweenrisk of technology finance and risk of technology enterprise. It provides theory basis fortechnology and finance risk sharing mechanism. In the second place, how to play theadvantages of the main financial body based on the life cycle of science and technologyenterprises, and optimize the allocation of science and technology financial risks. Third, asHangzhou for example, the paper analyzes the overall status quo of technology and financedevelopment in Hangzhou. It analyses the exploration and the achieved success on the risksharing of technology and finance in Hangzhou. It summarizes experience and the existingproblems. It provides the train of thought for the construction of technology and financerisk sharing mechanism. Fourth, on the basis of theoretical research and analysis, this papercombined with the actual development situation of technology and finance of Hangzhou asa typical city. This paper puts forward some countermeasures and suggestions forconstruction of technology and finance risk sharing mechanism. This article Come to the two conclusions through to the system research oftechnology and finance risk sharing mechanism. Fist, The effective combination ofMarket-based financial system operation mechanism and government policy supportmechanisms is the key to build risk sharing mechanism of technology and finance. Second,the building of technology and finance risk sharing mechanism must adhere to threeprinciples. It includes the principle of relative risks and benefit, risk and control principleand risk sharing parties’ participation principle.