https://ojs.bbwpublisher.com/index.php/PBES <p style="text-align: justify;"><em>Proceedings of Business and Economic Studies (PBES)</em> is an international, peer-reviewed and open access journal which focuses on theoretical and applied studies of corporate and financial behavior. Aiming to promote the research in fields of business economics and management and&nbsp;help economists keep abreast of the vast flow of literature.</p> <p style="text-align: justify;">It covers mainly but not limits to the following areas: ranging from the core themes of the entrepreneurial process and new venture creation to other topics, accounting and financial management, economics, human resource management and organizational behavior, information management, international business, strategy and innovation, management science and operations management, marketing and retailing.</p> <p align="justify">&nbsp;</p> Bio-Byword Scientific Publishing PTY LTD en-US Proceedings of Business and Economic Studies 2209-2641 https://ojs.bbwpublisher.com/index.php/PBES/article/view/15987 <p>Financing conditions faced by firms in university science and innovation parks change as the firms grow, and offering a uniform set of financial products can create a mismatch between supply and demand. Drawing on a corporate life-cycle perspective, this study compares Yingchuang Power in Chengdu with Tiankai Higher Education Innovation Park in Tianjin. The findings show that firms in the incubation stage primarily need technology information that outside investors can assess; firms in the acceleration stage require continuous operating data to improve financing assessment; and mature firms need platforms to connect them with industrial capital and collaborative networks. Stage-based alignment rests on data accumulated through actual service processes and on coordination among universities, government agencies, financial institutions, and park operators.</p> Hua Zhang Jintao Han Copyright (c) 2026 Author(s) 2026-08-24 2026-08-24 9 8 8 12 10.26689/pbes.v9i8.15987