DocumentCode
2182620
Title
Building the Financing Platform for the Small and Medium Enterprises in China´s High-Tech Zones under the Financial Crisis
Author
Sun Yu-Chun ; Xu Ji-Xiang
Author_Institution
Sch. of Econ. & Manage., Tongji Univ., Shanghai, China
fYear
2010
fDate
24-26 Aug. 2010
Firstpage
1
Lastpage
3
Abstract
In 2006 china made strategic decisions about building an innovation-oriented country. While building an innovative country is inseparable from the vigorous development of small and medium sized enterprises, high-tech zones are the collection areas of small and medium enterprises. This paper begins with the status quo of SME financing, combining with the financial characteristics of SME and the analysis of the shortcomings of the existing financing channels. Then, the paper uses Caohejing Development Zone in Shanghai as an example to analyze SME financial platform for the construction of the financial platform for small and medium sized enterprises. At last the paper suggests a simple, convenient and practical way to solve the financial problem in the context of the financial crisis.
Keywords
financial management; innovation management; small-to-medium enterprises; Caohejing Development Zone; SME financial platform; SME financing; financial characteristics; financial crisis; financing channels; financing platform; high-tech zones; innovation-oriented country; innovative country; small and medium enterprises; small and medium sized enterprises; strategic decisions; Companies; Finance; Government; Loans and mortgages; Technological innovation; Venture capital;
fLanguage
English
Publisher
ieee
Conference_Titel
Management and Service Science (MASS), 2010 International Conference on
Conference_Location
Wuhan
Print_ISBN
978-1-4244-5325-2
Electronic_ISBN
978-1-4244-5326-9
Type
conf
DOI
10.1109/ICMSS.2010.5577570
Filename
5577570
Link To Document