The Research On Financing Predicament And Countermeasure Of High-Tech Small And Medium-sized Enterprises In Ningxia

In today's innovation-driven development, SME relying on its own advantages, companies will not only become the industrialization of research results to be a bridge, but also improve our R & D capabilities, to promote the economic development, stimulating employment of important internal driving force. Fifth Plenary Session of the party's eighteen proposed that adhere to innovation and development, innovation must be placed in the overall development of the national heart, and constantly bring forth theoretical innovation, system innovation, technological innovation, cultural innovation and so on various aspects, make innovation all through the party and the state, make innovation become more common in the whole society. In such circumstances, deepening system reform and innovation of science and technology, the revolutionary wave of entrepreneurship is looming, it for small and mid-sized enterprise, is braving the good opportunities at a time. However, most SME financing problem exists, the financing channels for a single, information asymmetry, lack of efficacious collateral mechanism exists in all stages of SME development, which also caused our SME development difficult to get rid of lack of funds, "Macmillan gap". To better implement the eighth session of the Fifth Plenum, the problem of financing is again on the agenda, how to effectively solve the survival and development of technology-based SMEs in the shackles of innovation for SME financing model, which as a theoretical Key issues and practical research, has a special significance.For located in the western region, underdeveloped Ningxia, its capital markets compared to more developed regions lagging and institutional shortcomings, financing difficult situation is particularly prominent. On the one hand, because of the characteristics of Ningxia SME "science and technology, asset light" itself there is a high risk, high investment, low credit disadvantage; on the other hand, compared to large enterprises high compressive strength, science and technology SMEs are small, not only business, double high financial risk, higher financing costs on borrowed funds issue more difficult. In this regard, the financing constraints Ningxia as the number one problem of SME development has important realistic and practical significance: in Ningxia stimulate SME technological innovation vitality while promoting its healthy and orderly development, effectively alleviate the shortage of funds burden of promoting our region's long-term economic stability and development.After reading this article, based on the analysis of a large number of documents, followed by the need of innovation-driven development, Ningxia SME financing for the study, from the background, it expounds the theory and definition of SME financing, visit Ningxia SME access to data, detailed analysis of the current situation in our region SME financing, this in-depth study of Ningxia SME financing, channel selection and its influencing factors, and based on this innovative SME financing model, expanding financing channels put forward suggestions.