县域企业如何突破融资约束——基于社会资本的视角  

How Can County-level Enterprises Overcome Financing Constraints——From the Perspective of Social Capital

作　　者：何晓斌 赵青矣 He Xiaobin;Zhao Qingyi(School of Social Sciences,Tsinghua University,Beijing 100084,China)

机构地区：[1]清华大学社会科学学院,北京100084

出　　处：《河北经贸大学学报》2025年第2期77-87,共11页Journal of Hebei University of Economics and Business

基　　金：国家社会科学基金重大项目“新时代促进劳动力返乡创业的高质量发展研究”(22&ZD191)。

摘　　要：县域是推动乡村振兴和共同富裕的重要着力点。县域企业为县域发展创造经济活力的同时也面临着融资困难的问题。基于县域“关系社会”的特征,从社会资本的角度对县域企业如何突破融资约束进行阐释。无论是包括政治联系、企业联系和社会联系在内的个体性社会资本,还是通过组织参与或社会信任凝结而成的集体性社会资本,都能通过不同机制帮助县域企业获得正规或非正规融资。然而,对社会资本的使用也可能造成包括寻租腐败、马太效应等一系列问题。在未来的发展中,政府应重视县域企业的融资问题,着力推进普惠的信贷市场建设;企业则应在利用社会资本之余,不断向制度化、直接化融资转型。County-level regions serve as crucial focal points for advancing rural revitalization and common prosperity.While county-level enterprises generate economic vitality for regional development,they simultaneously face financing constraints.Based on the characteristics of"relationship-based societies"in county,this study elucidates how county-level enterprises overcome financing constraints from a social capital perspective.Whether through individual social capital encompassing political connections,enterprise linkages,and social networks,or collective social capital crystallized through organizational participation and social trust,both can facilitate access to formal or informal financing channels via distinct mechanisms.However,the utilization of social capital may also engender a range of issues,including rent-seeking corruption and Matthew effects.Moving forward,governments should prioritize addressing enterprise financing challenges by advancing inclusive credit market development,while enterprises should transition toward institutionalized and direct financing mechanisms while leveraging social capital.

关 键 词：县域企业 融资 社会资本 关系社会 县域社会学 

分 类 号：F427[经济管理—产业经济]