Financial Service Environment Quality Evaluation Model And The Empirical Research Of Tech-based SMEs

Since the concept of financial ecology was put forward by Governor Zhou in 2004,we have seen a growing recognition in financial ecology and financial ecological environment,in recent years,Tech-based SMEs as the mainstay of economic development become the forcus of attention with the implementation of the Beijing-Tianjin-Hebei integration strategy,and the support of external financial environment played an important role for the development of TSMEs.Therefore,the research on TSMEs' s financial environment quality is of great practical significance to promote the development of TSMEs and the collaborative development of Beijing Tianjin and Hebei.First of all,on the basis of related research results of financial ecological environment,this paper establishes financial services environment quality evaluation index system based on the current operation situations of TSMEs' s financial environment and the actual characteristics of financial institutions and government development of Hebei province.Then uses principal component analysis to determine the index weight,establishes environmental quality index,and three sub-indices of venture capital,techonlogy investment and social environment from 2006 to 2015 based on data collected from “The China Venture Risk Investment Development Report”(2007-2016),“The Statistics Report” and “The Annual Report of TSMEs' s Innovation Fund”(2006-2015).Furtherly,the article points out the development characteristics of financial service environment quality of TSMEs.From the perspective of longitudinal development,this paper studies the running effect of TSMEs' s financial services environmental quality,the study finds that in Hebei province TSMEs' s financial services environmental quality has improved in general.But the risk investment development is imperfect,there is a great gap in social environment compared with Beijing and Tianjin.Besides that,in order to optimize the financial service environment of TSMEs,promote TSMEs' s development and achieve leap development of economy in Hebei,the article suggests to develop risk investment institutions,promote the integration of technology and finance,and create a good social environment actively.