Research On The Influence Of Supply Chain Network Structure On Supply Chain Financing Performance

In the process of national economic development,whether it is for the improvement of people’s living quality,the improvement of employment rate,or the stability of social economy,small and medium-sized enterprises are the most basic force in the whole market,but also the most vital and the most widely covered subject.One of the most important problems in China’s real economy is the difficulty and high cost of financing for SMEs.The emergence of funds in the supply chain can help reduce the pressure of capital demand of small and medium-sized enterprises.It is an innovative financing mode.All SMEs in the supply chain will rely more on the transaction structure of the borrower’s enterprises in the whole supply chain structure to obtain the credit guarantee of the core leading enterprises,which can better reflect the development prospect and operation of SMEs One step is to improve the financing situation of small and medium-sized enterprises and improve their financing performance.All the irreplaceable and valuable resources owned by enterprises are the important competitive advantages of enterprises as a collection of multiple resources.The whole supply chain and each enterprise in the chain are unique resources of enterprises,which can effectively promote the financing performance of SMEs.However,in the real market,enterprises in the same supply chain can not get the same degree of financial support,which shows that the capabilities of each enterprise are different.The existing research shows that the relevant morphological characteristics of the supply chain network can have a relevant impact on the supply chain financing performance,but there are few studies on the impact of the supply chain network structure on the innovation ability of enterprises,so as to improve the supply chain financing performance.Based on the research idea of "network capability performance",this paper explores the specific path to affect the financing performance of the enterprise supply chain,and how the supply chain network structure affects the whole process of the financing performance by influencing the innovation capability of the enterprise.At the same time,this paper introduces the supply chain complexity as a regulating variable to explore its regulating role in the whole intermediary model.Through the investigation of more than 300 enterprises in different districts of Xi’an City,the structural equation model is established,and the PLS-SEM method and process analysis method are used for empirical research.Finally,the following five conclusions are obtained:(1)supply chain network scale and network heterogeneity have a significant positive impact on supply chain financing performance.(2)The scale of supply chain network has no significant impact on the innovation ability of enterprises.(3)Supply chain network heterogeneity can have a positive impact on supply chain financing performance through enterprise innovation ability.(4)The innovation ability of enterprises has a significant positive impact on supply chain financing performance.(5)Supply chain complexity negatively regulates the relationship between supply chain network size,network heterogeneity and supply chain financing performance.At last,this paper puts forward relevant policy suggestions from three aspects:focusing on the optimization of supply chain network structure,in-depth improving the innovation ability of SMEs and focusing on controlling the complexity of supply chain,in order to further promote SMEs to use the relevant resources in the supply chain to improve financing performance.