Simulation Study On The Risk Compensation Mechanism Of Technology-based SME Loans Based On SD Model

The technology-based SME refers to have certain scientific and technological personnel, grasp the independent intellectual property rights and proprietary technology or advanced knowledge, through investment in science and technology to carry out innovation activities, to provide scientific and technological products or services for SMEs, in a country's scientific and technological innovation and scientific and technological achievements transformation plays an important role. Innovative and high growth is the most significant feature of the small and medium sized enterprises of science and technology, in recent years, one of the important reasons for the rapid growth of China's GDP is the rapid development of a large number of technology-based SMEs, under the efforts of scientific and technical personnel, advanced production technology transformed into practical productive forces, and promote the development of our national economy and the comprehensive national strength of ascension. As can be seen, science and technology SMEs have become a new force in the market economy.However, due to the development of science and technology SMEs late, is still in the growth stage, the existence of many of its own difficult to overcome the unfavorable factors, such as loose management system, limited its own funds, such as less collateral assets. Banking financial institutions in the examination and approval of the loan is usually the company's profitability, solvency indicators as an important indicator of consideration, therefore, it is difficult to obtain bank loans of science and technology type. The financing problem is to encourage the further development of the small and medium sized enterprises of science and technology, people's governments at various levels, various government departments issued a number of policy advice, to encourage commercial banks to increase of SME credit support and financial service efforts, the establishment of government led technology type small and medium-sized enterprise loan risk compensation mechanism.This paper is a research on the compensation mechanism for the loan risk of the small and medium sized enterprises of science and technology. First step that technology-based SMEs have higher credit risk, it is necessary for the government to compensate loan, namely the construction of technology-based SMEs credit risk evaluation index system, combination evaluation by fuzzy Borda method; the second step, by demonstration in the form of charts of SME loans is a quasi public product nature; the third step, the system dynamics as the starting point of the theoretical research, through theoretical research completed system dynamics modeling; the fourth step, according to new regulation economics proof for the management ability of commercial banks, the government should give a different proportion of risk compensation. To sum up, this paper can provide a certain degree of guidance for the government to provide a certain degree of compensation for the loan risk of science and technology small and medium-sized enterprises.