供应链金融述评:现状与未来

供应链金融在缓解中小企业资金短缺、优化供应链资金流动方面发挥了重要作用.供应链金融发展目前面临一个重要关口:新型肺炎疫情对全球经济影响广泛,既催生了对供应链金融的强烈需求,也带来了新的不确定性;同时,金融科技的加速发展为供应链金融模式创新和风险管理提供了更多可能和工具.本文从实践发展和理论研究两个方面,对供应链金融的现状进行梳理,在此基础上分析其未来发展趋势.首先对供应链金融的实践发展进行梳理,将其分为四个发展阶段进行分析.其次,借助文献计量工具对英文和中文文献进行了分析和比较,并从理论基础、优化决策以及风险管理三个方面对理论研究现状进行了总结.最后,提出了供应链金融的三个发展趋势,即形成健康网络生态系统是供应链金融发展的重要基础,采用现代金融科技赋能是供应链金融发展的有力工具,承担可持续发展的社会责任是供应链金融发展的长远目标;同时给出了值得关注的五个研究问题.

Supply chain finance review: Current situation and future trend

Supply chain finance plays an important role in alleviating the fund shortage of small and medium-sized enterprises and optimizing the fund flow of supply chain. At present, the development of supply chain finance is facing an important point: The Corona Virus Disease (COVID-19) has a wide impact on the global economy, which not only generates the strong demand for supply chain finance, but also brings new uncertainty. At the same time, the accelerated development of Fintech provides more possibilities and tools for supply chain finance model innovation and risk management. This paper summarizes the current situation of supply chain finance from two aspects of practical development and theoretical research, and analyzes its future development trend. First of all, the practical development of supply chain finance is sorted out and divided into four stages for analysis. Secondly, with the help of bibliometrics tools, this paper analyzes and compares English and Chinese literature, and summarizes the theoretical research status from three aspects: Theoretical basis, optimization decision-making and risk management. Finally, there are three development trends of supply chain finance in the future, that is, the formation of healthy network ecosystem is an important basis for the development of supply chain finance, the adoption of modern Fintech enabling is a powerful tool for the development of supply chain finance, and bearing the social responsibility of sustainable development is the long-term goal of supply chain finance development. Meanwhile, it gives five key research issues that deserve attention.