A Research On Innovation In Financial Services Of High-Tech Smes In China

The development of science and technology enterprises has played a great role in economic and social development of a country. The main force of science and technology enterprises is high-tech SMEs. After decades of development, high-tech SMEs has become an important carrier of technology innovation and an important support of economic growth in China. Compared with the high-tech SMEs’contribution to economic, what they receive from the financial system is serious mismatch. Many of them have difficulty getting enough capital support from financial services system. Therefore, exploring new financing way, developing new financing channel, broadening the financing space has an important practical significance to improve the level of financial services for high-tech SMEs.First of all, this paper elaborates the related theories of the development of SMEs, and then research on the successful financial services system to aid high-tech SMEs applied by developed countries and regions. Afterwards, on the basis of preliminary understanding of the status of high-tech SMEs financial services in China, this paper analyzes the problems existing in the present financial services system and the reasons. Finally, according to these problems, the paper puts forward feasible countermeasures and suggestions. The paper is structured as follows:In chapter one, after demonstrating the background and significance of this paper and reviewing the relevant literatures of domestic and overseas, the ideas and direction of this paper are clarified.Chapter two is the theoretical basis of this paper. First, we define the related concepts of high-tech SMEs. Then from the perspective of evolution, the innovation theory and financial development theory are elaborately expounded.In chapter three, the experiences of financial services of high-tech SMEs in developed countries and regions is introduced. With the comparison analysis method, we summarize the experiences of America, Japan and Chinese Taiwan Area on high-tech SMEs financial services and received some useful enlightenment.In chapter four, using statistical interpretation method, we accurately describe the current situation of financial services system supporting for high-tech SMEs in China.In chapter five, we analyze the problems and the constraints of financial services system in our country and take Chengdu high-tech Zone as a typical case to illustrate the development direction of high-tech SMEs.In chapter six, on the basis of the theoretical study, constraints and status analysis, we put forward some suggestions about optimizing the financial services system supporting for the development of high-tech SMEs in China.