CAJ | 학술논문

本文针对我国高技术产业的投融资体系的现状，基于特征向量法－模糊综合评价法，构建出包括高技术企业因素、金融机构因素、政府政策因素、中介服务因素及其它因素等5项一级评价指标与22项二级评价指标的高技术产业投融资评价指标体系，并运用模糊评价模型对安徽省国家级高新技术园区内的投融资体系进行案例分析。结果表明：高技术企业自身、金融机构、政府以及其它因素在高技术产业投融资体系中的作用并不完善，中介服务体系较为健全，因此导致了整体高技术产业投融资体系水平一般。最后本文针对性地提出了完善我国高技术产业投融资体系的相关建议。
본문침대아국고기술산업적투융자체계적현상，기우특정향량법－모호종합평개법，구건출포괄고기술기업인소、금융궤구인소、정부정책인소、중개복무인소급기타인소등5항일급평개지표여22항이급평개지표적고기술산업투융자평개지표체계，병운용모호평개모형대안휘성국가급고신기술완구내적투융자체계진행안례분석。결과표명：고기술기업자신、금융궤구、정부이급기타인소재고기술산업투융자체계중적작용병불완선，중개복무체계교위건전，인차도치료정체고기술산업투융자체계수평일반。최후본문침대성지제출료완선아국고기술산업투융자체계적상관건의。
This paper constructs an evaluation system of high-tech industry investment and financing with 5 first-level evaluation indexes ( copyright enterprise factor, financial institutions factor, government policy factor, inter-mediary service factor and other factors) , and 22 second-level evaluation indexes, which is based on Chinese status of high-tech industry investment and financing system, using feature-based vector method-fuzzy synthetic evaluation method.Then we use the fuzzy evaluation model to analyze the case of investment and financing evaluation system in Anhui national High-tech Zone.The result show that the investment and financing systems of enterprises, finan-cial institutions, governments and other factors are not yet complete, while the intermediary service system per-formed quite well in the evaluation.Thus, the overall level of investment and financing system in Chinese high-tech industries is in mediocre level.Finally some relevant recommendations are put forward to consummate the invest-ment and financing system of the high-tech industry.