Path analysis of financial assistance to business development by applying coupled coordination degree model

Abstract

The interaction between financial assistance and enterprise development is examined in this paper by constructing a coupled coordination degree model. The weights of the secondary indicators in the financial assistance and enterprise development system are calculated using the entropy weighting method. By calculating the coupling degree between financial assistance and enterprise development, we can judge the strength of the coupling effect between them and the time interval. The financial system and enterprise development evaluation indexes were constructed to explore the factors affecting financial assistance for enterprise development. Under certain conditions, financial support and enterprise development can positively affect each other, as shown in the results. The development support weights in the financial support system are 0.1979 and 0.2231, and the total weight is 0.421. The enterprise development system has a technical weight of 0.5806 for technological innovation.