科技金融机构耦合数字化对科技型中小企业融资能力的影响研究  

Research on the Influence of Coupling Digitize of the Science and Technology based Financial Institution on the Financial Ability of the Science and Technology based Small and Medium-sized Enterprises

作　　者：钟成林 周倩 李世财[1] ZHONG Chenglin;ZHOU Qian;LI Shicai(School of Finance,Jiangxi Normal University,Nanchang,Jiangxi 330022,China)

机构地区：[1]江西师范大学财政金融学院,江西南昌330022

出　　处：《金融教育研究》2023年第1期25-37,共13页Research of Finance and Education

基　　金：国家社会科学基金项目“供给侧结构性改革背景下长江经济带市场化生态补偿机制的培育研究”(18CJL024);江西省教育厅科技项目“科技型企业金融风险动态防控机制研究”(GJJ191695);江西省社科规划项目“江西实现碳达峰碳中和:目标、挑战和实现路径”(22ZXQH15);江西省社科规划项目“金融支持生态产品价值实现机制试点研究”(20YJ11)。

摘　　要：以信息经济学和松散耦合理论的相关思想为指引,从科技金融结构的耦合数字化视角出发,沿着“科技金融机构耦合数字化发展—信息搜寻技术变革—科技金融组织结构变迁—融资能力要素积累—融资能力形成”的总体性分析思路,对外围与核心科技金融机构的耦合数字化影响科技型中小企业融资能力形成的问题进行了系统探讨,研究结果表明:科技金融机构的数字化发展有效地促进了科技型中小企业融资能力的发展,而融资能力要素的积累及转化是上述促进作用效果得以发挥的中介。进一步研究发现,科技金融机构数字化发展对科技型中小企业融资能力形成的促进作用因耦合形态而异,只有当外围与核心科技金融机构的耦合数字化形态达到“高水平高度耦合”时,其对科技型中小企业融资能力形成的边际促进作用才会实现最大化。Guided by the related ideas of information economics and loose coupling theory,from the coupled digitalization perspective of technology and finance structure,along with the overall analysis of“technology financial institutions coupling digital development-information search technology change-technology financial organizational structure change-financing ability element accumulation-financing ability formation”,a systematic discussion is made about the formed problems of the coupling digitization of peripheral and coresci-tech financial institutions affects the financing ability of the sci-tech smes.The results show that the digital development of sci-tech financial institutions effectively promotes the development of the financing ability of sci-tech smes,and the accumulation and transformation of the financing ability elements is the intermediary to exert the above promoting effect.Further research shows that the promoting effect of the digital development of sci-tech financial institutions on the financing ability formation of sci-tech smes varies with the coupling form.Only when the coupling digital form of peripheral and core sci-tech financial institutions reaches a“high level and high coupling”can its marginal promoting effect on the financing ability of sci-tech smes be maximized.

关 键 词：外围科技金融机构 核心科技金融机构 耦合数字化 科技型中小企业 融资能力 

分 类 号：F49[经济管理—产业经济] F830.1