河北省电子信息产业融资问题研究
发布时间:2017-12-31 05:19
本文关键词:河北省电子信息产业融资问题研究 出处:《石家庄经济学院》2012年硕士论文 论文类型:学位论文
【摘要】:电子信息技术代表了当今社会最为先进的生产技术和生产力,对经济运作效率的提高、产业结构的变革和新兴产业发展都发挥着重大作用。电子信息产业已经成为国民经济重要的支柱产业,影响着整个国民经济的发展。河北省电子信息产业在20世纪80年代获得迅速发展,但与发达国家和地区相比差距很大,河北省电子信息产业明显存在规模小、产品结构不合理、科技产业化水平低、经济效益不高等问题。造成这种局面的重要原因是电子信息产业的发展缺乏足够的资金支持,因而研究解决电子信息产业融资问题成为推动河北省电子信息产业发展的重要途径。 本文首先系统梳理了产业融资相关基本理论,总结了电子信息产业相对于传统产业而言具有“高创新、高投入、高收益、高风险”的特点。分析发现,正是由于电子信息产业发展的特殊性,因而反映到融资上也表现出信息不对称、融资渠道狭窄和对风险投资的依赖等独特的特征。正是这些特点决定了电子信息产业存在着先天性融资难的问题。 论文在总结河北省电子信息产业发展状况的基础之上,对其融资影响因素进行了分析。分析表明,其内在影响因素中产权模糊;公司治理不合理;企业人力资源管理缺乏统一而科学的体系;过度的负债、短债长投和企业间相互担保的财务问题都是河北省电子信息产业融资的障碍;较高的产品销售率,较强的市场能力有利于其融资。外在影响因素中河北省把电子信息产业放在了一个重要的位置,出台的相关的法律政策为电子信息产业融资提供了一个相对较好的环境。而信息的不对称;科技成果转化速度和效率低,没有良好的技术环境都阻碍了其融资。 之后,通过构建灰色关联模型评价了河北省电子信息产业的融资能力,运用模糊综合法分析了河北省电子信息产业的融资效率。研究发现,企业需要通过努力不断开发新产品占有市场来提高经济效益,从而增加其融资能力;在融资方式上内源融资的效率最高,其次是风险投资,,最后才是银行信贷。对国内外电子信息产业融资经验的考察发现,美国、日本和台湾的电子信息产业的发展都离不开政府的支持,故河北省电子信息产业的发展需要政府发挥主导作用,充分发挥风险投资的作用并且通过资本市场拓宽融资渠道。 基于上述分析,本文最后根据河北省电子信息产业的发展规律,有针对地提出了提高河北省电子信息产业融资能力和效率,加快电子信息产业发展的对策建议。
[Abstract]:Electronic information technology represents the most advanced production technology and productivity, and improves the efficiency of economic operation. The transformation of industrial structure and the development of new industries play an important role. Electronic information industry has become an important pillar industry of the national economy. In 1980s, the electronic information industry of Hebei Province developed rapidly, but compared with the developed countries and regions, there is a big gap. The electronic information industry in Hebei Province is obviously small in scale, irrational in product structure and low in the level of industrialization of science and technology. The important reason for this situation is that the development of electronic information industry is lack of sufficient financial support. Therefore, to solve the financing problem of electronic information industry has become an important way to promote the development of electronic information industry in Hebei Province. Firstly, this paper systematically combs the basic theory of industry financing, summarizes the characteristics of electronic information industry compared with the traditional industry, such as "high innovation, high input, high income, high risk", and finds out that electronic information industry has the characteristics of "high innovation, high investment, high profit and high risk". It is precisely because of the particularity of the development of electronic information industry that information asymmetry is reflected in financing. The narrow financing channels and the dependence on venture capital are the unique characteristics, which determine the inherent difficulty of financing in the electronic information industry. On the basis of summing up the development of electronic information industry in Hebei Province, the paper analyzes the influencing factors of its financing. Unreasonable corporate governance; The enterprise human resource management lacks the unified and scientific system; The financial problems of excessive debt, short debt and mutual guarantee between enterprises are all obstacles to the financing of electronic information industry in Hebei Province. Higher product sales rate, stronger market capacity is conducive to its financing. Among the external factors, Hebei Province put the electronic information industry in an important position. The related laws and policies have provided a relatively good environment for the financing of electronic information industry. The speed and efficiency of the transformation of scientific and technological achievements are low, and the lack of a good technological environment hinders its financing. After that, the paper evaluates the financing ability of electronic information industry in Hebei province by constructing grey relational model, and analyzes the financing efficiency of electronic information industry in Hebei province by using fuzzy synthesis method. Enterprises need to continuously develop new products to improve the economic efficiency and increase their financing ability by constantly developing new products to occupy the market. The efficiency of endogenous financing is the highest, the second is venture capital, and the last is bank credit. The investigation of domestic and foreign electronic information industry financing experience found that the United States. The development of electronic information industry in Japan and Taiwan can not be separated from the support of the government, so the development of electronic information industry in Hebei Province needs the government to play a leading role. Give full play to the role of venture capital and broaden the financing channels through the capital market. Based on the above analysis, according to the law of the development of electronic information industry in Hebei Province, this paper proposes to improve the financing ability and efficiency of electronic information industry in Hebei Province. Countermeasures and suggestions for speeding up the development of electronic information industry.
【学位授予单位】:石家庄经济学院
【学位级别】:硕士
【学位授予年份】:2012
【分类号】:F426.63;F832.4
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