金融支持新兴产业发展的进化博弈分析

Research on Evolutionary Game of Financial Support Development of Emerging Industry

针对新兴产业融资瓶颈的制约问题,阐述了金融对其发展的支持内在机理,并运用进化博弈理论进行讨论。结果表明,金融支持新兴产业发展过程中所伴随的巨大风险制约着传统金融机构的积极性,从而使得新兴产业和金融机构在博弈过程中形成的进化稳定均衡难以打破。鉴于此,需要政府、金融机构和新兴产业类企业发挥各自的优势作用,营造良好金融生态环境,形成金融支持新兴产业发展的多赢格局。

The paper analyzes the present situation and the existing problems of financial supporting emerging industry and the inner mechanism of financial support in emerging industry which based on these problems.Then use the evolutionary game theory to illustrate the bottleneck restriction problems of emerging business enterprise.The results show that,the huge risk of financial supporting emerging industry restricts the enthusiasm of traditional financial institutions,so that it is difficult to break the emerging business enterprises and financial institutions in the game process of equilibrium.In view of this,it needs the government,financial institutions and venture company to bring their own advantages and create a good role financial ecological environment,and form the win-win pattern of financial supporting emerging industries.