Research On Financial Risk Identification And Control Of Scientific And Technological Innovation Enterprises

In recent years, the state proposed to build an innovative system for China's scientific and technological innovation enterprises to provide a good space for the development. The rapid growth and development of science and technology innovation enterprises, but also for the construction of national innovation system provides a steady stream of technical motivation. Tech innovation enterprises high growth, high returns, but because of technical characteristics, the risk will face higher than other ordinary enterprises. In this high-yield and high-risk case, the effective identification and control of financial risk is very important to the scientific and technological innovation enterprises, requiring scientific and technological innovation enterprises must strengthen the management of financial risks to reduce business risks and operating costs, Rapid and stable development.Based on the domestic and international achievements and related theories, this paper studies the financial risk identification and control of technological innovation enterprises. First of all, it summarizes the causes of the financial risks, and carries out specific aspects from R&D,investment, fund raising, fund recycling and income distribution.Financial risk analysis. Then, the paper analyzes the sample data of listed companies in science and technology innovation enterprises from 2013 to 2015, and selects 15 indicators by normality test and significance analysis. T-1, T-2, T-3 years were used to construct the principal component, and the logistic regression method was used to construct the effective combination of factor analysis and logistic regression. And then to DA company, for example, the specific use of the model.After research, it is found that the financial risk of science and technology innovation enterprises are mainly the profitability, debt service,cash flow and R&D capability of the enterprise. The results show that the model of financial risk identification is different in T-2 years, and the accuracy of the model is the worst in T-2 years. The financial risk identification model constructed in this paper is effective.Finally, the technology innovation enterprises can establish the financial risk monitoring mechanism, strengthen the R&D risk control and strengthen the internal financial risk management to carry out the effective control of financial risk.