外源资本

可持续增长率是指在保持资本充足率不变的前提下，由内源和外源资本可维持的资产增长率。

The latter refers to the growth rate of assets that can be supported by the internal and external sources of capital under the precondition that capital adequacy ratio remains unchanged .

融资约束理论认为资本市场的不完善使得外源资本成本高于内源资本成本成本，导致公司面临融资约束，进而对公司的投资行为产生影响。

The theory of financing constraints points out that the exogenous capital cost is higher than the endogenous capital cost because of the imperfect capital market , which makes the companies face financing constraints and affects their investment behaviors .

服务业国际转移在推动我国产业技术进步、强化产业集群竞争优势、加速产业结构优化、提升外源产业资本的协同水平等方面具有重要的产业发展效应。

It has important industrial development effects to China , such as , promoting the industrial technological progress , strengthening competitive power of the industrial cluster , etc.

第一部分论述民营企业的融资渠道：内源融资渠道、外源融资渠道包括外源性权益资本融资和外源性债务融资的内容；

The second sets forth the content of the private enterprises ' financing channels including internal financing and external financing ones that composes of equity financing and debtfinancing ;