The Influence Factors And The Financing Model Of Small And Medium-Sized Enterprises Cluster

Industry clusters are becoming more and more important because of their development and positive influence to regional economy. The researchers think that clustering can bring advantages of financing to the small and medium-sized enterprises (SMEs). However, in fact, the SMEs clusters in China are still difficult to finance. The reason from this thesis is that the SMEs clusters did not use their advantages of financing well into practical situations. Therefore, in this thesis, the financing activities of the SMEs will be analyzed from two perspectives which are the influencing factors and models of financing to help the SMEs to find a new way to finance.The current financing methods of the SMEs clusters are analyzed based on the previous research. The influencing factors of the financing activities of the SMEs clusters are discussed according to the external environment and the internal environment. An evaluation model of the financing ability of the SMEs clusters is built based on the rough sets theory to rich the research in this area. However, the study of influencing factors only can give suggestions to the financing activities of the SMEs clusters. The difficulty of financing for the SMEs clusters still needs to be solved by using some new financing models. Through analyzing the existing financing models, some disadvantages of them are found. In this thesis, a new "federal coadjutant financing guarantee" model is proposed through improving the "coadjutant financing guarantee" model. The influence of this new model to the financing activities of the SMEs clusters is analyzed using evolutionary game theory. The "government-enterprise-bank" financing model is also analyzed using game theory to develop its applications. A new clusters financing model based on information platforms which is called "4A+1C" is also proposed.