Abstract Increasing competitiveness of small and medium enterprises, especially in the situation of growing economic globalization in the member countries of European Union and internationalization of activity of such enterprises, requires overcoming numerous obstacles the enterprises have to face. One of the most substantial of them is deficiency of means for the enterprises’ growth, particularly the means earmarked for innovative activity. This is mainly the consequence of lack of knowledge about how the enterprises could gain financial means from the alternative financing sources. This hinders establishing the optimal configuration of financing for an enterprise. Consequently, the purpose of the paper to improve enterprises’ access to external capital so as to be able to carry out the investments oriented towards strengthening of the enterprises and launching innovative products and services. The main result of research (sample of Polish SME) is preparing of advanced system of financing including alternative forms of financing of SME on each stages of their life cycle, connected with multicriteria forms of their assessment.

中文翻译：

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市场经济中的中小企业融资先进体系

摘要中小企业竞争力的提高，特别是在欧盟成员国经济全球化程度不断提高以及这些企业的活动国际化的情况下，需要克服企业必须面对的众多障碍。其中最重大的问题之一是缺乏用于企业发展的手段，特别是用于创新活动的手段。这主要是由于缺乏有关企业如何从替代融资来源获得财务手段的知识的结果。这阻碍了建立企业融资的最佳配置。所以，本文旨在改善企业获得外部资本的渠道，以便能够进行旨在加强企业实力和推出创新产品和服务的投资。研究的主要结果（波兰SME的样本）是准备先进的融资体系，包括在其生命周期的每个阶段与其他评估形式相关的SME替代融资形式。