以制度创新解决中小企业融资“麦克米伦缺口”--基于韩国中小企业银行的研究

摘要

Chinese policy financing resources for SMEs are controlled by several different departments, thus lacking of co-ordination and cooperation system is the main obstacle for supporting SMEs development effectively. In China ,the crucial reason of financing difficulties and high financing cost for SMEs is lacking of policy financing and high dependency on com-mercial bank financing. In contrary, Korea government strongly supports local SMEs by improving system, financing support and industry cooperation, especially, Korea policy financing supporting system of SMEs is a valuable model for China. In con-clusion, institution innovation and creating two policy institutions are meaningful to solve financing difficulties and high fi-nancing cost for SMEs in China.%我国在政策性融资支持中小企业方面由较多部门掌握资源，各自为政，难以形成合力。政策性金融在中小企业融资领域长期缺位，企业过度依赖商业银行间接融资，是当前中小企业“融资难、融资贵”的一个重要原因。韩国政府从中小企业职能机构设置、机制完善、制度保障、金融支持、产业联动等方面大力扶持中小企业发展，尤其是韩国的政策性金融对中小企业的支持对我国具有借鉴作用。结合中小企业发展面临的融资困境，我国应当通过制度创新，建立两大政策性机构解决中小企业融资难、融资贵问题。