Financing Mode Of Small And Medium Sized Enterprises In Undeveloped Areas

The small and medium sized enterprises in science and technology are the main carriers in the undeveloped areas to adjust the industrial structure,change the way of economic development and realize the leapfrog development.The key factor restricting the development of SMEs is the financing mode.In order to support the financing of science and technology SMEs,various localities have formulated some policy measures and formed some financing models that can be used for reference,while the financing models in underdeveloped regions still have major problems.Therefore,studying the financing mode and promoting the healthy development of them is becoming a common concern of scholars both at home and abroad.The main contents of this paper include: first,through the theoretical research on science and technology financing model of small and medium-sized enterprises,understanding the characteristics of SME financing and the influence of different financing models,reveals the relationship between SME financing mode and financing characteristics,for the construction of science and technology for undeveloped areas of small and medium sized enterprises the financing model provides a theoretical basis;Second,in Beijing Zhongguancun,Chengdu,Tianjin Lanzhou-Baiyin and Wuhan East Lake national innovation demonstration zone as an example,that science and technology developed areas of smalland medium-sized enterprises have taken in different life cycle of different financing modes.The Lanzhou-Baiyin test area as an example,that science and technology developed area under the small and medium-sized enterprise in different life cycle financing mode;Third,through the financing mode of developed area innovation demonstration zone and Lanzhou-Baiyin test area SME financing model comparative analysis found that the science and technology of small and medium-sized enterprises financing in undeveloped regions mainly rely on internal financing,external financing and excessive reliance on bank loans,the lack of risk investment and financing guarantee system is not perfect;Fourth,the developed region and undeveloped region related index comparison focuses on undeveloped regions financing mode of science and technology type SMEs problems,mainly industrial concentration difference,asymmetry,lack of innovation information and policy support system is not perfect;Fifth,on the basis of theoretical analysis and case study,it puts forward the financing mode of "government + Bank + venture capital + guarantee",which is suitable for small and medium sized enterprises in underdeveloped areas.However,only non-profit organizations can solve the problem that the small and medium sized enterprises in less developed areas are difficult to attract profitable organizations to invest.The key breakthrough point to solve the financing mode of sci-tech SMEs in less developed areas is to adopt thegovernment guided financing model.The key to the construction of an effective government guided financing model in underdeveloped areas lies in the establishment of the indirect pledge model of "Bank +government fund guarantee + insurance + patent right counter guarantee",the establishment of the risk compensation mechanism shared by the three parties of banks,insurance and guarantee,and the exploration of various financing modes.