【作者】 刘松焘；

【导师】 苑泽明；

【作者基本信息】 天津财经大学 ， 会计学， 2010， 硕士

【摘要】 中小企业融资问题是一个世界性难题,也是一个长久性课题。改革开放30年来中小企业已经成为我国经济发展中的一支重要力量,在繁荣经济、促进增长、扩大就业、推动创新等方面发挥着越来越重要的作用,但融资难一直是困扰我国中小企业发展的最大障碍。尤其自2008年下半年以来的全球金融危机给实体经济发展带来的巨大的冲击,中小企业融资难问题比以往更加突出,融资面临前所未有的困难。因此,如何解决中小企业的融资难问题再一次被社会各界所关注。另一方面,随着经济全球化和知识经济时代的到来,科学技术得到了迅速的发展,科技也成为各国经济增长的助推器。中小企业由于机制灵活,决策迅速,所以创新动力强大,在整个创新中,从制度创新、体制创新到产品和技术创新,中小企业都发挥了重要作用。那么，将中小企业所掌握的新发明、新技术等无形资产与金融有效对接,从而破解中小企业的融资困境成为了一条可行的途径。文章利用资本结构等融资理论和信息经济学相关理论为分析工具,分析中小企业融资中存在的难题,针对问题成因进行分析,针对问题的症结提出相应的对策，以期为解决我国中小企业的融资难问题提供帮助。文章共分5章。第1章导论主要介绍选题背景、研究目的和意义、研究思路和方法以及国内外研究现状。第2章主要介绍中小企业融资的相关理论。第3章介绍我国中小企业的融资现状并分析原因。第4章提出解决我国中小企业融资难题的创新途径---知识产权质押贷款。第5章从政府、中小企业自身和金融中介机构三个方面提出对策建议。目前,我国学者对中小企业融资体系、信贷融资、股票融资和融资担保问题研究的比较多,但是对知识产权质押贷款这种融资模式研究的还不是很多。本文的创新之处即在于在查阅相关文献的基础上对知识产权质押贷款这种融资模式进行了介绍,阐明其重要性,并对这种融资模式当前所存在的问题进行了归纳,同时提出建立知识产权质押贷款风险补偿基金及整合、统一区域内产权交易资本市场平台并置于地方政府的监管下等对策建议。最后,从政府、中小企业自身和金融中介机构三个方面提出对策建议。更多还原

【Abstract】 The financing problem of SMEs is a world-wide problem,but also a long-term issues. With 30 years of reform and opening up,small and medium enterprises has become an important force of China’s economic development.They are playing an increasingly important role, in the prosperity of the economy in the expanding employment and the promoting innovation,but the financing difficulties have been the greatest obstacle to the development of SMEs in our country. In particular,since the second half of 2008,the global financial crisis had the harmful effects to the economic development entities,the development of SMEs are facing an unprecedented challenge,the issue of financing of small and medium-sized enterprises is more prominently than ever before,facing an unprecedented financial difficulties. Therefore, how to solve the financial difficulties of SMEs wins public attention by various circles of society once again.On the other hand, with the coming of the trend of global economy and knowledge economic epic, science and technology have developed rapidly, technology also become the booster of economic growth of all countries. For the reasons of flexible mechanism and rapid decision, SEMs possess powerful innovation dynamic, so form institutional and system innovation to product and technical innovation, they play important roles in the whole innovation.Well then, the effective link of intangible assets such as new invention and technology of NEMs and finance becomes a feasible approach to solve the financial difficulties of SMEs. This paper utilized the theory of capital structure and information economics as the analysis tool, to analyze the financial difficulties of SMEs. To analyze the problem based on the forming reason of the questions, and to put forward some possible solutions on the basis of the crux of the problem, wish to offer of help for solving the financial difficulties of SMEs.This paper is divided into five chapters. The first is an introduction that introduces the background of selecting the topic, the research object and significance, the research frame and methods, and the current research situation domestically and abroad. The second introduces the relative theory of the financing of SMEs. The third analyzes the current situation and causes of the financing of SMEs in our country. The fourth points out the innovation way of solving the financing problem of SMEs, that is intellectual property as security for loans. The fifth gives some suggestions for government, SMEs and financial intermediary institutions.For the moment, most of studies of our country scholars focus on the financing system of SMEs, credit loans financing, stock financing, and guarantee problem of financing. The innovation of this paper lies in on the basis of investigating a large amount of documents, it giving an introduction on a financing model of intellectual property as security for loans, explaining the importance and making a summary of the existing problems of this model. Meanwhile, out forward some proposals, such as establishing risk compensation fund of intellectual property as security for loans, integrate, unify regional property market and be supervised under the local government and other countermeasures. Finally, this paper gives some suggestions for government, SMEs and financial intermediary institutions.更多还原