Study On The Credit Rating Of The Small And Medium High-Tech Enterprises

In recent years,small and medium high-tech enterprises as business sources to promotethe economic development,have become an important part of the national economy and thenew growth point.Howeverm,the problems of small and medium high-tech enterprises havenot been solved effectively for a long time,which has become the block bottleneck of businessenterprise growth and development.The primary reason is the enterprise credit ability isinadequacy,therefore,in order to solve the “financing”,it is necessary to speed up theconstruction of social credit environment and make great efforts to improve the ability ofsmall and medium-sized enterprise high credit.The paper first introduces the credit rating,identify small and medium enterprisesconcept category,summarize their features,and reviews theories including the informationeconomics,the transaction cost theory,the game theory,the credit funds of the Marxist cycletheory.Disscussed the research progress of credit rating at home and abroad,points out thenew trends of the domestic and foreign credit rating,and small and medium thchnologicalenterprises credit rating the eisting theories and practical problem.Then the article analyzescredit rating index system of content and construction principles,tu credit capital cycletheory,full consideration of the characteristics of small and medium high-tech enterprises,andbased on the investigation,the growth ability and innovation ability into the evaluation indexsystem,and pay attention to the analysis of enterprises innovation ability,growth anddevelopment ability,come to conclusions: small and medium high-tech enterprises creditrating index system,and the corresponding evaluation standards and credit rating.Then,theanalytic hierarchy process(AHP) and the Delphi method determines the index weight,andfuzzy mathematics is used to enterprises credit rating,applies the fuzzy comprehensiveevaluation method to establish small and medium high-tech enterprises credit ratingmodel.Finally,the selected Hangzhou A electronic Co.LTD,using the real data and publicinformation,to analyze the design of the evaluation system of empirical,and verifies the smalland medium high-tech enterprises credit rating system is effective.This paper obtained the main research results:analyzed the characteristics of privatescientific and high-tech enterprises,credit conditions,and points out that the problem of thecredit loss of the seriousness.Build the complete small and medium high-tech enterprisescredit evaluation index system analysis framework.Considering the uniqueness of small and medium high-tech enterprises credit,construct index system,apply the fuzzy comprehensiveevaluation method to establish the small and medium high-tech enterprises credit evaluationmodel,and study separately both the research theory and the empirical research.