[关键词]
[摘要]
中小企业缺少资金引进技术, 阻碍了技术的产业化. 为此, 技术持有人可以通过从合作企业获得技术股权和债权的形式, 参与产研合作. 企业无需支付现金引进技术. 通过分析信息不对称时产研合作模型, 设计了技术股权加债权定价的混合合同. 与现金定价方式比较, 技术持有人使用混合合同总能实现签约, 并获得更好的收益. 最后通过数值例子验证了相关结论.
[Key word]
[Abstract]
Small and medium-sized enterprises’ lack of funds to technology-introduction has been a hindrance of technology industrialization. Therefore, a technology holder can take part in production and research cooperation by getting technology equity and debt, rather than getting cash from co-operative enterprise. Through analyzing a model of production and research cooperation under asymmetric information, a fixed technology price-setting contract with equity plus debt is designed. Compared with a cash contract, a fixed contract can always be signed, and brings the technology holder a better benefit. At last, a numerical example is provided to verify relevant conclusions.
[中图分类号]
[基金项目]
国家自然科学基金项目(面上项目,重点项目,重大项目)