As a main participator in and author of this project, I felt the importance and urgency of the study of some of the problems with the private high-tech enterprises in our province, while I carried forward a wide research and thorough analysis of these enterprises.
At the same time, I also did thorough research and gave much thought to the financial issues with the private high-tech enterprises in Zhejiang Province.
Using tools like Frequencies, One-Way ANOVA, LSD and AHP, these data, together with data from the Statistics Bureau and the Science Department, were analyzed for the capital demand patterns and obstacles in financing of enterprises of different industries, scales and stages of development. It also did analysis of the policies and measures of improving the financing environment for private high-tech enterprises in Zhejiang provinve.
Information implies that until 1997,the amount of high-tech companies run by private owners had come to more than 65000,with the total output value of more than 550 billion RMB. Among the high-tech companies mentioned above, more than 97% are the ones with the total output value of less than 100 million RMB. It is very hardly possible for these small high-tech companies to be listed in the main stock market of our country.
To counter the present situation and problems in the development of risky investments of China,this paper proposes some measures so as to speed up the development of risky investments and promote technical innovation of enterprises.