Research On Risk Control Of Science And Technology Credit In Investment Loan Linkage Mode

The high-quality development of China’s economy needs the support of scientific and technological innovation,and the main body of scientific and technological innovation is distributed among enterprises,especially the group of scientific and technological enterprises.The survival rate of science and technology enterprises is low,and the difficulty of financing is the key to their development.Technology credit is the path choice for the banking industry to provide credit support to science and technology-based small and medium-sized enterprises.It is a financial measure to comply with scientific and technological innovation.Therefore,in the context of promoting China’s economic development and transformation during the "14th five year plan" period,it is urgent to further improve the investment and loan linkage model and strengthen the research on risk control of science and technology credit under this model,so as to improve bank income,support the development of science and technology-based small and medium-sized enterprises,and then promote the establishment of a good ecological cycle mechanism for China’s economic transformation and development.From the standpoint of commercial banks,this paper combs the relevant research status of science and technology small and medium-sized enterprises,investment and loan linkage mode and science and technology credit risk control in investment and loan linkage mode at home and abroad,defines the related concepts of investment and loan linkage,science and technology enterprises and science and technology credit involved in this paper,and takes enterprise life cycle theory,financing sequence theory and market segmentation theory as the theoretical basis of this paper.Taking the ecological environment and subject analysis of science and technology credit in the investment and loan linkage mode as the research starting point,this paper deeply analyzes the practical dilemma of science and technology credit risk control in the current investment and loan linkage mode,mainly focusing on three aspects:the prominent phenomenon of information asymmetry caused by the difficulty in obtaining relevant data of science and technology-based small and medium-sized enterprises,the low efficiency of science and technology credit risk identification,and the need to improve the risk prevention and mitigation mechanism.In addition,by combing and summarizing the risk control measures of American Silicon Valley banks in three aspects:market positioning,risk identification and risk mitigation,in order to provide experience and reference for improving China’s technology credit risk control ability.Based on the above research,this paper designs the risk control of science and technology credit in the loan linkage mode from three aspects:screening the credit objectives of science and technology credit at all levels,improving the risk evaluation index system of science and technology credit and improving the post loan management ability of science and technology credit;Among them,Delphi expert method is used to screen and weight the indicators of the science and technology credit risk evaluation index system,and 30 samples of bank B are input into the risk evaluation index system for comparative analysis with the original results.The results show that the approval rate of the optimized risk evaluation index system is reduced by 20.00%,and the conditional approval rate and rejection rate are increased by 16.67%and 3.33%respectively,showing a more comprehensive and rigorous risk evaluation ability;In addition,it makes an in-depth analysis of the two typical cases of "investment and loan combination+external guarantee and internal loan" and "investment and financing"platform services that have successfully obtained loans.Finally,it puts forward some suggestions to effectively improve the bank’s technology credit risk control ability:first,strengthen the communication with other participants on the basis of cooperation with PE/VC;Second,establish a multi-dimensional technology credit risk control model;Third,improve the risk prevention and mitigation mechanism;Fourth,cultivate professional and compound talents required by science and technology credit.