A Study of Small and Medium-Sized Technology-Based Enterprises in Different Risk Contexts

Zhonglong Yan

2025

Abstract

In China's persistent economic transformation and accelerated technological advancement, technology-based small and medium-sized enterprises (SMEs) face an escalating array of multifaceted and interwoven risks. This study investigates two exemplary cases—equity crowdfunding campaigns of technology companies and the "Guangzhuanli" intellectual property (IP) securitization initiative—to explore how market and financial vulnerabilities emerge and intersect. The research focuses on structural challenges SMEs face in adapting to the digital ecosystem and accessing stable financial resources. The findings indicate that erroneous audience segmentation and suboptimal outreach methodologies can amplify the susceptibility to demand-side volatility. Concurrently, conventional financing frameworks, characterized by rigidity, impede access to long-term financial resources. The case of "Broad Communication Power" underscores the potential of structured finance instruments to transform intangible intellectual property assets into reliable cash flows, offering an effective strategy for enhancing liquidity and creditworthiness. The paper emphasizes the interrelationship between market and financial risk and proposes a comprehensive risk governance approach. The document further puts forward policy recommendations, including enhancing consumer data comprehension, establishing a standardized IP asset valuation mechanism, and promoting the utilization of financing instruments such as IP-backed securities. These insights can assist policymakers and SME leaders in developing a more profound comprehension of risk resilience strategies, thereby enhancing the financial sustainability of China's innovation-driven economy.

Paper Citation

in Harvard Style

Yan Z. (2025). A Study of Small and Medium-Sized Technology-Based Enterprises in Different Risk Contexts. In Proceedings of the 2nd International Conference on Engineering Management, Information Technology and Intelligence - Volume 1: EMITI; ISBN 978-989-758-792-4, SciTePress, pages 92-101. DOI: 10.5220/0014321100004718

in Bibtex Style

@conference{emiti25,
author={Zhonglong Yan},
title={A Study of Small and Medium-Sized Technology-Based Enterprises in Different Risk Contexts},
booktitle={Proceedings of the 2nd International Conference on Engineering Management, Information Technology and Intelligence - Volume 1: EMITI},
year={2025},
pages={92-101},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0014321100004718},
isbn={978-989-758-792-4},
}

in EndNote Style

TY - CONF

JO - Proceedings of the 2nd International Conference on Engineering Management, Information Technology and Intelligence - Volume 1: EMITI
TI - A Study of Small and Medium-Sized Technology-Based Enterprises in Different Risk Contexts
SN - 978-989-758-792-4
AU - Yan Z.
PY - 2025
SP - 92
EP - 101
DO - 10.5220/0014321100004718
PB - SciTePress