Based On The Growth Of Innovative Small And Medium-sized Enterprise Financing Risk Assessment Study

In the new normal,to become an innovative country construction in our country,not only should rely on large enterprises on the development of solid foundation and strength,more depend on the development of innovative small and medium-sized enterprises.Growth of innovative small and medium-sized enterprises(smes)can stimulate economic growth and regional economic development in our country,has become an important force for economic development in our country.Growth of innovative small and medium-sized enterprises have the characteristics of technology intensive and capital intensive can help enterprises to obtain high profits,but at the same time also can make it there are serious financing risk.Research on the financing risk evaluation are still few,especially for innovative small and medium enterprises combine innovative enterprise growth and financing risk for much less.In shandong province as GDP ranked the first three of the country's major economic province,for the financing risk of provincial innovative small and medium-sized enterprise growth and great gap.In to understand fully the related research at home and abroad,this paper combined with the characteristics of innovative small and medium-sized enterprises from two aspects: financing structure and financing risk analysis of growth on its financing,and then analyze the innovative small and medium-sized enterprises are in agrowth factors,which affect the financing risk and its classification,then draw lessons from existing research results,establishing a scientific and reasonable financing risk evaluation index system,system covers the debt paying ability,operation ability,profit ability,growth ability and cash flow ability,innovation ability and management level of the seven aspects,and put forward the analytic hierarchy process(ahp)is used to determine the weight and the financing risk assessment method using TOPSIS method.Finally,the analysis of the financing risk existing in the gem listed companies in shandong province on the basis of related factors to make the financing risk evaluation and analysis of the evaluation results,and according to the research of this paper provide innovative small and medium-sized enterprise financing countermeasures.