Research On The Financing Of Technology-based SMEs In J Science And Technology Park, Jiangsu Province

Compared with traditional enterprises,technology-based small and medium-sized enterprises have the characteristics of high growth and high profitability.SMEs have strong competitiveness in the market.They are the cradle of high-tech.And they are also the source of vitality for our national economic and social development.In particular,under the environment of Jiangsu's innovation-driven economic transformation and development,the rapid development of technology-based SMEs can fill market gaps after industrial transformation.Then the differentiated demands of the market can be met,and the economic vitality can also be further enhanced.In addition,Jiangsu Province can maintain its steady economic growth while achieving economic restructuring.However,science and technology SMEs need greater capital investment in technological innovation.Compared with mature large-scale enterprises,the management level of technology-based SMEs is relatively backward and the ability to resist risks is weak.Therefore,the financing channels for science and technology SMEs are relatively narrow,the financing cost 1s relatively high,and the financing difficulties still exist,which limits the rapid development of SMEs to a certain extent.In this paper,questionnaires and field interviews were conducted for some small and medium-sized SMEs in J Science Park of Jiangsu Province.Based on research data,this paper introduces the basic situation,capital demand and financing status of SMEs in J Science Park of Jiangsu Province,and then analyses the financing problems from several different perspectives,mainly including low availability of extermal funds,high financing costs,untimely arrival of funds,single guarantee mode and limited coverage of policy support.At the same time,this paper analyses the main causes of these financing problems from both internal and external parts.Finally,this paper puts forward a series of countermeasures and suggestions to alleviate the financing difficulties of small and medium?sized science and technology enterprises from the aspects of establishing a diversified system of science and technology investment and financing,improving the financing capacity of enterprises and increasing government support.It is hoped that this paper can provide some help to alleviate the financing difficulties of small and medium-sized technology-based enterprises in J Science Park of Jiangsu Province.