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 125
- Downloads 0
Building a Frame Research of Corporate Culture Impact to Working Motivation and Employee’s Loyalty in Lilama
Abstract: The article has established research framework on the impact of corporate culture on work motivation and loyalty, has focused detect weaknesses in corporate culture research from reality to impact , bottlenecks...
Assessment of Public Sector Accounting Issues in International Accounting: A Theoretical Framework Proposition
Abstract:The diversity in reformed governmental financial information systems created a need for harmonized international accounting standards, resulting in the elaboration of the International Public Sector Accounting S...
The Influence of Private Lending to Solve the Financing Difficulties of SMEs in China
Abstract: Since thirty years of reform and opening up in China, the number and size of small and medium-sized enterprises (SMEs) to achieve leapfrog development, it’s an important part of China's social economy and has g...
Leadership Qualities and Service Delivery: A Critical Review of Literature
Abstract: Service delivery is the most widely used measure of performance in the public sector. This paper is a critical review of literature with a focus on how service delivery is linked to leadership qualities, ethics...
Impact of Expansionary Budget on Living Standard in Kaduna State, Nigeria (1996 – 2015)
Abstract: This paper provides empirical analysis of the impact of expansionary budget on living standard in Kaduna State, Nigeria. Relevant time series data were used from 1996 to 2015 which were collected from the Kadun...