Research On Financing Paths Of Strategic Emerging Industry

Since the crisis of international finance，many countries in the world have startedplanning, speed up the strategic emerging industry layout, create more space for thedevelopment of strategic emerging industry, foster new economic points of growth. Strategicemerging industry has become a choice that many countries in the world deal with thefinancial crisis and improve the sustainable economic development. Under this background,our country also increases more supports to the strategic emerging industry, in order to changethe development mode and the adjustment of industrial structure, the main goal is that makesit become the dominant force of sustainable economic development.In2009, the strategic emerging industry is put forward in China, so it is a new industryand it hasn’t develop mature, the problems of financing have become the significant problems.Accordingly, we can absorb the mature financing theory and the effective way of financingfrom foreign enterprise, and combine our country’s current financing paths to find the usefulsuggestions, to provide the important theory and the practical significance for the sustainabledevelopment of strategic emerging industry.The paper is divided into the following sections:The first part is introduction, mainly elaborates the research background, the relateddomestic and international literature review, the research methods, and possible innovation.The second chapter is the financing theory, the definition and characteristics of thestrategic emerging industry, as well as the financing theory from enterprise, in order toprovide academic support for the financing development.The third chapter is to analysis the existing financing paths of China’s strategic emergingindustry, to find the problems in the paths.The fourth part is mainly to establish the game model. In the internal aspect, wediscuss the strategic emerging industry enterprises that achieve internal financing byincreasing the number of retained earnings ratio. The article mainly establishes the strategicnew industries internal financing model, gets the best internal financing and maximumrevenue from four different circumstances. In the external aspect, we establish the matrixgame model and multiple business game model, we find the best order in the externalfinancing paths, and obtain the effective capitals.The fifth chapter is mainly conclusion and suggestion, according to the finalconclusions to put up some countermeasure suggestions.