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Impact of the Development of Science and Technology Finance on the Financing Efficiency of Science and Technology SMEs
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Jiaxuan ZHENG1, Hongsheng WANG1, Zhenbo GUAN2
Science Technology and Industry | 2025, 25(9) : 365 - 371
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Science Technology and Industry | 2025, 25(9): 365-371
Entrepreneurship Management
Impact of the Development of Science and Technology Finance on the Financing Efficiency of Science and Technology SMEs
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Jiaxuan ZHENG1, Hongsheng WANG1, Zhenbo GUAN2
Affiliations
  • 1 School of Economics and Management, Shandong Agricultural University, Tai’an 271000, Shandong, China
  • 2 Rural Economic Management Service Center, Tai’an 271000, Shandong, China
Published: 2025-05-10
Outline
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The data of technology-based small and medium-sized enterprises listed on the A-share GEM and SME board from 2015 to 2022 were selected for empirical testing. It is necessary to test whether the development of science and technology finance can positively promote the improvement of the financing efficiency of science and technology SMEs. It is tested whether the financing efficiency of technology-based SMEs can be promoted by improving the information transparency of enterprises and the ability of scientific and technological innovation. The research is carried out from three aspects: the region, growth and property rights of enterprises, and the difference in the impact of science and technology finance on the financing efficiency of science and technology SMEs is further tested. The results show that the development of science and technology finance can significantly promote the improvement of the financing efficiency of science and technology SMEs.

fintech finance  /  technology-based small and medium-sized enterprises  /  corporate financing efficiency
Jiaxuan ZHENG, Hongsheng WANG, Zhenbo GUAN. Impact of the Development of Science and Technology Finance on the Financing Efficiency of Science and Technology SMEs[J]. Science Technology and Industry, 2025 , 25 (9) : 365 -371 .
Year 2025 volume 25 Issue 9
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  • Receive Date:2024-11-06
  • Online Date:2025-07-17
  • Published:2025-05-10
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  • Received:2024-11-06
Affiliations
    1 School of Economics and Management, Shandong Agricultural University, Tai’an 271000, Shandong, China
    2 Rural Economic Management Service Center, Tai’an 271000, Shandong, China
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表12种不同金属材料的力学参数

Family
属数
Number of
genus
种数
Number of
species
占总种数比例
Percentage of
total species (%)

Genus
种数
Number of
species
占总种数比例
Percentage of total
species (%)
鹅膏菌科Amanitaceae 2 11 5.26 鹅膏菌属 Amanita 10 4.78
小菇科 Mycenaceae 2 12 5.74 丝盖伞属 Inocybe 5 2.39
多孔菌科 Polyporaceae 8 14 6.70 蜡蘑属 Laccaria 5 2.39
红菇科 Russulaceae 3 23 11.00 小皮伞属 Marasmius 6 2.87
小菇属 Mycena 11 5.26
光柄菇属 Pluteus 5 2.39
红菇属 Russula 17 8.13
栓菌属 Trametes 5 2.39
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