2008Journal of Xinyang Normal UniversityRequires access

On the Financing of the SMEs in the Evolution Process of Chinese Industrial Clusters

YE Xian-fengb

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Abstract

The formation,growth and maturity of the industrial cluster is a gradual process of evolution.During the formation stage,the financing ability of the SMEs in industrial clusters is very limited,which can affect the correct choice of industrial clusters;during the growth stage,the financing difficulties and shortage of funds may hamper the development of the enterprises.To construct the scientific financing system for SMEs is of great significance in promoting the development of SMEs and upgrading the industrial clusters.

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The formation,growth and maturity of the industrial cluster is a gradual process of evolution.During the formation stage,the financing ability of the SMEs in industrial clusters is very limited,which can affect the correct choice of industrial clusters;during the growth stage,the financing difficulties and shortage of funds may hamper the development of the enterprises.To construct the scientific financing system for SMEs is of great significance in promoting the development of SMEs and upgrading the industrial clusters.

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Available abstract

The formation,growth and maturity of the industrial cluster is a gradual process of evolution.During the formation stage,the financing ability of the SMEs in industrial clusters is very limited,which can affect the correct choice of industrial clusters;during the growth stage,the financing difficulties and shortage of funds may hamper the development of the enterprises.To construct the scientific financing system for SMEs is of great significance in promoting the development of SMEs and upgrading the industrial clusters.

Key concepts: Economic shortage, Business, Construct (python library), Maturity (psychological), Cluster (spacecraft), Process (computing), Industrial organization, Finance

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