Financing Tools of Automotive Production System Based on Value Chain Analysis of Automotive Industry

The real sector of the economy, like production, has processes that in the institutional context will lead to the production of goods and services required by the economy. The structural problems of the automotive industry along with the unbalanced development of the automotive value chain have led to serious problems in the continuation of the manufacturing activities of this industry. One of these issues is the incomplete approach to financing this industry in the context of Iran's financial system, which has caused the capacity to finance innovation in the automotive industry to face serious problems. Filling the credit line of car manufacturers to use bank facilities, the existence of restrictive criteria for the advance sale of cars and the inability of the government to provide direct financial support are among the most important issues facing the industry. The flow of activity of the real sector in this industry from production to innovation requires its own tools. Therefore, according to the industry value chain analysis, supply chain financial management and chain financing on the one hand and a step-by-step approach to innovation financing, a comprehensive conceptual model has been presented to explain the system of new automotive financing financing tools. The results show that the only way to diversify the financing of this industry is to use chain financing based on capital market tools, banking system and the use of new financing platforms.