A study on the improvement of the measures to obtain funds for small and medium enterprises with the disclosure of their intangible assets.

Research Project

Project/Area Number	21653028
Research Category	Grant-in-Aid for Challenging Exploratory Research
Allocation Type	Single-year Grants
Research Field	Business administration
Research Institution	Ryukoku University (2011) Ritsumeikan University (2009-2010)
Principal Investigator	NAKAMORI Takafumi 龍谷大学, 政策学部, 教授 (20397607)
Project Period (FY)	2009 – 2011
Project Status	Completed (Fiscal Year 2011)
Budget Amount *help	¥3,400,000 (Direct Cost: ¥3,100,000、Indirect Cost: ¥300,000) Fiscal Year 2011: ¥1,300,000 (Direct Cost: ¥1,000,000、Indirect Cost: ¥300,000) Fiscal Year 2010: ¥1,100,000 (Direct Cost: ¥1,100,000) Fiscal Year 2009: ¥1,000,000 (Direct Cost: ¥1,000,000)
Keywords	中小企業 / 無形資産 / 知的資産 / 資金調達 / 私募債 / 中小企業金融 / 知的資産経営報告書 / 非財務情報 / リレーションシップバンキング
Research Abstract	I found out it is effective to disclose the intangible assets of small and medium enterprises when they obtain funds. And I clarified that the financial institutions in Japan had recognized the need for improvement of their perspective of the intangible assets of SMEs. They feel that it is difficult for them to evaluate SMEs' human resources and capabilities to respond to social changes, so it is effective for SMEs to disclose their intellectual assets to obtain funds. But there is a gap between SMEs' method of disclosure of the intellectual assets and the method expected by the financial institutions. So, I suggested a method to fill the gap.