Quantitative Analysis And Research On Financing Risks Of Science And Technology Innovation-oriented Enterprises

With the rapid development of the domestic economy,the science and technology innovation-oriented enterprises have developed rapidly and have gradually taken an increasingly important position in the market economic structure system.The science and technology innovation-oriented enterprises have become the main force for the development of high-tech industries that support economic development and generate innovative capabilities with their own unique characteristics of innovation,quick product updates and market-oriented needs.They are vital to our country's technological level and innovation capability.However,the science and technology innovation-oriented enterprises generally have higher risk than traditional enterprises.Under the background of rapid economic development,financing risk has become the biggest barrier in the sustained,healthy and steady development of the science and technology innovation-oriented enterprises,many science and technology innovation-oriented enterprises' sustainable development is delayed by lack of access to "timely" and "effective" financing.Therefore,it is very important to quantitatively analyze and study the financing risk of the science and technology innovation-oriented enterprises and make effective prevention and control strategies.The main research contents of this article are:Firstly,putting forward the financing risks for the science and technology innovationoriented enterprises must not only be quantitatively analyzed from the financial aspect,but also need to be quantitatively analyzed from non-financial aspects.By summarizing the quantitative analysis models of the risk and the mathematical methods of quantitative analysis of corporate financing risk,as well as the financing risk of enterprises and the financing risk of the science and technology innovation-oriented enterprises.According to the above analysis,this paper provides a good foundation for the model construction in the next chapter;Secondly,building the quantitative analysis model of financing risk of the science and technology innovation-oriented enterprises.Choosing five aspects of financial indicators and six aspects of non-financial indicators based on the principles of scientific and reasonable selection criteria,applying quantitative analysis of the index system and using Fuzzy Comprehensive Evaluation Method and Analytic Hierarchy Process,when the quantitative analysis model of the financing risk of the science and technology innovation-oriented enterprises quantitative analysis model is established.Then to make a more comprehensive quantitative analysis of the financing risk of the science and technology innovation-oriented enterprises;Thirdly,conducting the identification and specific analysis of the financing risks of the case companies showed that the level of their financing risks was high.Applying the quantitative analysis model of financing risk of the science and technology innovation-oriented enterprises constructed in this paper to the case X-enterprises of the science and technology innovationoriented enterprises,and receiving the quantitative index of the financing risks of enterprises through the analysis of quantitative models.The detailed analysis and research on financing risk management directly shows the application of quantitative analysis model of financing risk of the science and technology innovation-oriented enterprises,and also provides a reasonable reference for similar enterprises to prevent and control financing risks.