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Research On The Innovation And Practice Of Local Technology And Financial Support System

Posted on:2017-01-31Degree:MasterType:Thesis
Country:ChinaCandidate:X L ChenFull Text:PDF
GTID:2439330485968296Subject:Business management
Abstract/Summary:PDF Full Text Request
Since the twelfth five year plan,the state has put forward strategic new industry development goals.The vigorous development of high and new technology enterprises,the state strongly supports high-tech enterprises.Gem and other technology-based enterprises in the trading market continues to heat,the rise of the new three board,driven by the development of new technology oriented small and medium enterprises financing channels.This year,Premier Li Keqiang proposed the slogan of "national entrepreneurship,innovation and peoples',strong support for innovation and entrepreneurship,increase support for small and medium-sized enterprises.SMEs are the important pillars of economic development and social stability,no matter in developed or developing countries.SMEs are an important part of our national economy.Since the reform and opening up,China's SMEs output value and profits accounted for 60%and 40%,respectively.SMEs also provide about 75 percent of urban employment opportunities.China's economic growth is inseparable from the development of SMEs,especially small and medium enterprises in the high-tech industries.However,SME is facing with the "bottleneck",that is hard to finance.Due to our current banking financial institutions exists old concept,lack of specialized agencies,few financing products,financial marketing underpowered,over-exaggerating the risks and other issues,coupled with the presence of small and medium enterprises of their own deficiencies credit are too low,so SMEs compare with large state-owned enterprises,are much more difficult in financing.Capital is the basic factor of production,which can bring about the surplus value and surplus value.Science and technology innovation needs the capital investment;the high technology industry innovation needs the very big science and Technology Fund investment.Because of the high risk,high investment,long time span of the science and technology innovation project,it has a lot of uncertainty,the general capital investment enthusiasm is not high,and so the financial system as a financial institution,it is very important to support scientific and technological innovation.China's financial system is not perfect;resulting in financial support lagging behind the demand for technology innovation,high tech industry innovation huge demand for capital is difficult to meet.So it is very important to establish a financial system to support scientific and technological innovation and to build a financial support system for scientific and technological innovation.Science and technology finance,combined with the hottest technology and the concept of finance,in the country is just the rise of the industry.Science and technology,is able to successfully form a product,and add wealth due to the key element of finance.Investing in technology makes lucrative financial capital,which is why they invest to science and technology.The level of ROE results from the amount and structure of assets of a certain period.If finance of technology accumulates in some industries successfully,it will promote the emergence of strategic emerging industries.The author of this paper is to try and explore a way to meet the investors,enterprises,industries,and the government of the multi win-win of science and technology finance.In this paper,the Chinese academic journals,such as the network of Chinese academic journals,data resources system and other Chinese database and foreign language database retrieval,collection of relevant information,and the collection of materials for the analysis of the paper,to pave the way for the paper.And from the actual situation of the company itself,the combination of the scientific and technological financial model will explore out of its own business.Case analysis;explore a suitable for the localization of the scientific and technological financial model.So,it is of guiding significance to the practical work.
Keywords/Search Tags:high tech enterprise, technology finance, corporate equity, corporate option, equity-debt linkage
PDF Full Text Request
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