• 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