科技进步与对策
科技進步與對策
과기진보여대책
Science & Technology Progress and Policy
2014年
7期
74~78
,共null页
互联网金融 电子商务 小微企业 网络联保融资 网络池融资
互聯網金融 電子商務 小微企業 網絡聯保融資 網絡池融資
호련망금융 전자상무 소미기업 망락련보융자 망락지융자
Network Financing;E -business;Small and Micro Businesses;The Network of Group Financing;Network Pool Financing
面向小微企业的互联网金融日益受到国内外企业界和学术界的重视。针对小微企业的信贷特点和融资需求，设计了基于集聚优势的网络池融资方式，并对比分析了网络联保融资与网络池融资模式的异同点。考虑到小微企业的信用风险，运用博弈论方法分别构建了网络联保融资和网络池融资模式下银行、电商及小微企业的决策模型，并对比分析了各个参与主体在不同融资模式下的不同决策。研究结果表明，在网络联保模式下，电商平台应制定合理的网络联保体规模并控制各参与企业的融资额度，以最大程度降低网络联保体的违约风险；在网络池融资模式下，电商平台应通过制定合理的融资利率，吸引小微企业选择网络池融资，从而实现多方共赢。
麵嚮小微企業的互聯網金融日益受到國內外企業界和學術界的重視。針對小微企業的信貸特點和融資需求，設計瞭基于集聚優勢的網絡池融資方式，併對比分析瞭網絡聯保融資與網絡池融資模式的異同點。攷慮到小微企業的信用風險，運用博弈論方法分彆構建瞭網絡聯保融資和網絡池融資模式下銀行、電商及小微企業的決策模型，併對比分析瞭各箇參與主體在不同融資模式下的不同決策。研究結果錶明，在網絡聯保模式下，電商平檯應製定閤理的網絡聯保體規模併控製各參與企業的融資額度，以最大程度降低網絡聯保體的違約風險；在網絡池融資模式下，電商平檯應通過製定閤理的融資利率，吸引小微企業選擇網絡池融資，從而實現多方共贏。
면향소미기업적호련망금융일익수도국내외기업계화학술계적중시。침대소미기업적신대특점화융자수구，설계료기우집취우세적망락지융자방식，병대비분석료망락련보융자여망락지융자모식적이동점。고필도소미기업적신용풍험，운용박혁론방법분별구건료망락련보융자화망락지융자모식하은행、전상급소미기업적결책모형，병대비분석료각개삼여주체재불동융자모식하적불동결책。연구결과표명，재망락련보모식하，전상평태응제정합리적망락련보체규모병공제각삼여기업적융자액도，이최대정도강저망락련보체적위약풍험；재망락지융자모식하，전상평태응통과제정합리적융자리솔，흡인소미기업선택망락지융자，종이실현다방공영。
Network financing based on electronic business platform for small and micro enterprises has increasingly been the focus among international and domestic e-business industries and academic fields. According to the credit and financing characteristics, the network credit pooling financing mode is designed and the comparison analysis of Similarities and differences between the net- work joint liability financing mode and the network pooling financing mode is conducted. Considering the small and micro enterpri- ses＂ credit risks, we respectively construct the decision model and make game analysis of the bank, the e-business and the small and micro enterprises for each financing mode. It concluded that the e-business should control the scale of the network joint finan cing group to avoid the default risk and set an appropriate interest rate to encourage the small and micro enterprises to adopt the network credit pooling financing mode in order to realize the ＂all-win＂ effect.
