文献类型：会议论文

英文题名：A Study on Financing Efficiency of High-tech Small and Medium-sized Enterprises in Beijing

作者：Yang Yi[1];Xu Kun[1];Kang Yi[1]

通讯作者：Yang, Y[1]

机构：[1]Beijing Union Univ, Sch Management, Beijing 100101, Peoples R China

第一机构：北京联合大学管理学院

通讯机构：[1]corresponding author), Beijing Union Univ, Sch Management, Beijing 100101, Peoples R China.|[1141755]北京联合大学管理学院;[11417]北京联合大学;

会议论文集：16th International Conference on Management Science and Engineering

会议日期：SEP 14-16, 2009

会议地点：Moscow, RUSSIA

语种：英文

外文关键词：DEA; financing efficiency; high-tech; SMEs

摘要：Financing efficiency of high-tech small and medium-sized enterprises (SMEs) is studied in this article. The method of Data envelopment analysis (DEA) is applied to the financing efficiency of enterprises which can result in more objective results. By application of the method in Beijing high-tech SMEs and data analysis the following four conclusions are made that efficiency of the financing of high-tech SMEs in Beijing is generally lower than that of large-scale ones that there is a positive correlation between financing efficiency and scales of high-tech SMEs, that Beijing high-tech SMEs are at the stage of increasing returns to scale and financial leverage effect is small and that the financing efficiency did not improve a lot from 2005 to 2006.