Advances in Economics, Management and Political Sciences
- The Open Access Proceedings Series for Conferences
Advances in Economics, Management and Political Sciences
Series Vol. 78 , 18 April 2024
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Coping Strategies for Financing Constraints of Small and Medium-sized Enterprises (SMEs) under Financial Intelligence Transformation
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Abstract
With the development and progress of technological advancements, businesses are increasingly realizing that the transformation towards financial intelligence is a prevailing trend. In comparison to traditional finance, financial intelligence exhibits various changes and characteristics. This paper analyzes the issues surrounding the financing of small and medium-sized enterprises (SMEs), along with the current status and reasons for financing constraints. It combines the structure, path, and contribution of financial intelligence transformation to examine its impact on the reasons for financing constraints. Subsequently, considering the diverse influences, this paper proposes six relevant coping strategies tailored to address different issues related to financing constraints for SMEs. The research, rooted in the perspective of financial intelligence transformation, explores how SMEs can make more optimized choices when facing challenges of financing constraints in the new era.
Keywords
Small and Medium-sized Enterprises (SMEs), Financial Intelligence Transformation, Financing Constraints
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Data Availability
The datasets used and/or analyzed during the current study will be available from the authors upon reasonable request.
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- Volume Title
- Proceedings of the 3rd International Conference on Business and Policy Studies
- ISBN (Print)
- 978-1-83558-379-1
- ISBN (Online)
- 978-1-83558-380-7
- Published Date
- 18 April 2024
- Series
- Advances in Economics, Management and Political Sciences
- ISSN (Print)
- 2754-1169
- ISSN (Online)
- 2754-1177
- DOI
- 10.54254/2754-1169/78/20241643
- Copyright
- 18 April 2024
- Open Access
- This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited