Study on Capital Market Financing Strategy of Scientific and Technical Innovation-oriented enterprises

Capital market financing can improve the proportion of scientific and technological innovation-oriented enterprise's direct financing,and is the essential approach to buffer the financing dilemma.Through analyzing and comparing different markets on the worldwide and diverse listing approaches which are suitable to scientific and technological innovation-oriented enterprise's financing,this paper advanced strategies for them on choosing different markets and approaches.The results illustrated that scientific and technological innovation-oriented enterprises should take all factors into account,such as development strategy,demand of financing,cost of financing,refinancing,and select the most suitable market and way to improve the rapid development of enterprise.