The New Thinking of the SMEs Transformation and Upgrading in Shaanxi Province: from the Internet Finance Perspective
Journal Title: Saudi Journal of Business and Management Studies - Year 2017, Vol 2, Issue 4
Abstract
Abstract: On the basis of defining the connotation of the transformation and upgrading of small and medium-sized enterprises (SMEs), combining with the practice of the SMEs transformation and upgrading in Shaanxi province, with the intention of solving financing demand in the process of transformation and upgrading of SMEs, this paper analyzes emphatically four common transformation and upgrading connotations of the and its financing demand characteristics including management transformation, business model transformation, industry transformation and enterprise upgrading for SMEs in Shaanxi province, and discusses the characteristics and advantages of Internet finance means including P2P (Peer to Peer) lending, crowd funding and e-commerce finance when solving the problem of the financing demand and proposes a feasible strategy for the bottle-neck of financing from a new perspective. Based on this analysis, this paper further proposes the policy advice of making full use of Internet finance as means, and combing SMEs, Internet finance enterprises and government working together to promote the transformation and upgrading of SMEs. Keywords: small and medium-sized enterprises; transformation and upgrading; Internet finance
Authors and Affiliations
Li Penglin, Liu Honghao
Keywords
Related Articles
- EP ID EP394777
- DOI -
- Views 130
- Downloads 0
Effect of Career Advancement on Employee Performance in Catholic Church Managed Secondary Schools in Meru Diocese
Abstract:Performance of employees in any organization is one of the major determinants of profitability and sustainability. In any organization employees are major assets, they play a major role towards the organizations...
The Impact of Service Quality on Patient Satisfaction in the Health Care System a Comparative Study
Abstract: Quality of Care and patient satisfaction are major challenges faced by the healthcare sector in Jordan. This paper aims to comparative study of the factors affecting service quality on the Patient Satisfaction...
Enhancing Competencies of Shipbuilding Employees in Bangladesh: Effect of Training and Development
Abstract:Shipbuilding was once a flourishing trade along the coast of Bengal 400 years ago. Countries flocked to her shipyards to get the best wooden commercial and military ships available at the time. However, with the...
Current Practices of Islamic Credit Cards in Malaysia
Abstract:The practice of Islamic credit cards today is still controversial among Muslim scholars particularly concerning to its contracts and as well as its efficiency to attain Maslahah. The Islamic credit card is very...
Analysis of Information Quality, Security Level and Quality of Mobile Application Systems and Its Effects on Customer Satisfaction and the Impact on Customer Retention of T-Cash Applications Telkomsel
Abstract:T-Cash is one of the Pioneers of provider-based e-money services. Although T-Cash is declared successful, consumers are still afraid to use it Because Cultivating trust and attracting customers will save money o...