The Study Of Internet Finance On The Small Technology Based Firms' Financing

Today,the economy plays an important role around the world.The financial crisis not only brought us the changing of the real economy,but also let us recognize the importance of changing the economic developing mode and structure.As we know from several meetings of Communist Party,the government is trying to build an innovative country which made our economy get into a stage of rapid development.The innovation is the only way to make economy develop steadily and inject strong impetus into it.Therefore,we should develop science and technology.What is worth mentioning is that SMEs are developing fast which play important roles in China's economy.In the time of Internet Finance attacking Traditional Finance gradually,SMEs become more and more attractive as they are high-tech and operating with fewer capital assets.However,Information Asymmetry is always a critical obstacle for SMEs.Through an asymmetrical game theory model,this paper analyzes the root of the Information Asymmetry and proposes a united financing guarantee mode on the Internet.As Internet Finance has features of spreading rapidly and widely,it is more competitive to improve the Information Asymmetry and then solve the financial difficulty.Eventually,our goal will be met that a national credit system will be built.It will be more convenient for the government and relevant apartments to guide and monitor these platform's behaviors.Fortunately,more and more great ideas about Internet Finance will be come up with in this process.