创业沙盘实验短期浮动利率规则设计实证研究.

In the current start-up sand table experimental system, the monotonous financing way and the fixed lending interest rate for all enterprises comply with neither the real market fluctuations nor the running team changes during the operation, which is not propitious for sand table simulation. In this paper, we analyze the influence of the short-term floating interest rate towards the enterprise operation based on the short-term lending interest rate in the financing part of the start-up sand table experimental rules. The empirical results reflect that the short-term interest rate changes effectively according to the operation situation, leading to fluctuations on profitability and cash flow under the short-term floating interest rate rules. Thus it requires a better command of long-term operation plan and financial prediction to simulate the enterprise operation more effectively under the new rule, to enhance the experiment teaching of start-up sand table. Furthermore, we provide concrete examples for the dynamic design of the start-up sand table experimental rules to reform and explore the novel start-up sand table experimental system. [ABSTRACT FROM AUTHOR]