Research On Financial Support Innovative Of Cultural Industry

The cultural industry is a brand new industry in the world. It has become the pillar industry of some developed countries, and contributes positive impacts to the development of culture of economic of the country. Cultural industry is big part of the comprehensive strength and competitiveness of a country. It is not only important force in promoting social harmony, but also an efficient way to adjust the economic structure. With the fast growing of cultural industries, it would provide more jobs and meet the growing spiritual cultural needs of citizens.Although the cultural industry in China was already developing, there is still a considerable gap with some of the more developed countries. The main reason is due to the insufficient financial support for cultural industries. The investment and financing problems have become a bottleneck of restricting the development of cultural enterprises. The industry needs the support from the society, especially the financial support to improve. The financial support is suppose to expand the overall proportion of cultural industries, at the mean time fix the shortage of cultural products, and then to restructure the supply and demand balance to solve the problems. According to some typical characteristics of cultural(such as the lack of collateral security, excessive intangible assets and so on), to analyze the issue of financial support for cultural industries, to study the characteristics and laws. Through the current analysis of investment and financing of cultural industries, research the risk factors of cultural enterprises, particularly study cultural industries at multiple levels of credit risk-sharing mechanisms. Finally summarize the proposal of effective financing ways based on these features for the cultural industries.The essay mainly used the text analysis and figures, to analyze the financial support to cultural industries. Form the very own characteristics of the industry and the financial investment and financing, and to study the risk-sharing mechanism for corporate loans according to the characteristics. Introduce the SME financing multi-bank loan pool of risk-sharing model to the cultural enterprises. Through the research, this essay would achieve two objectives:The first one is to study the cultural industries in developed countries such as USA, Japan, Korea, the United Kingdom, find out the financial support from these countries to their own cultural industries, to provide some samples to the development of China's cultural industry. The second one is the comparing of different financing way, combine with some effective credit products risk-sharing mechanisms, to address the concerns about risk from the financial institutions, to create a more favorable financing environment for the development of cultural enterprises.