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Studies On Industrial Growth And Industrial Investment Fund In The Period Of Economic Transition In China

Posted on:2003-02-02Degree:DoctorType:Dissertation
Country:ChinaCandidate:J Y XiangFull Text:PDF
GTID:1116360065457107Subject:Industrial Economics
Abstract/Summary:PDF Full Text Request
This paper probes into EF (Industrial Investment Fund) from the view of industrial growth. The general disciplines and motivation mechanism of industrial growth, the relationship among industrial growth, structure and organization are discussed. Based on it, a brief conclusion on the growth and investment characters of monopoly industry, competitive industry and high-tech industry is made in this paper. Furthermore, a positive research on the growth and investment of industries in China indicates that the investment mode is one of the important factors influencing the industrial growth. Following the thought of how to improve the industrial growth and innovate in investment mode, the paper presents IIP, a new financial instrument, hi the theoretical analysis of IIP, the paper establishes a research structure of it from the view of industrial organization theory, investment theory, transaction cost theory and principal-agent theory. The application and risk control mechanisms of IIF are developed with the references of the characters of venture capital and security investment fund. IFF is between the level of venture capital and security investment fund. The paper also reviews the evaluation methods of IIF, and presents that the method should be integrated and revised when use the typical indexes of fund performance evaluations, that IIF with transition characters is the product during the economic transferring in China, is the replacement of government direct investment. In the end, the paper reviews several meanings of the development of IIF in China, discusses the positioning of IIF in China and the choices of its organization mode, and presents strategic principles and measures in the development of DF in China.
Keywords/Search Tags:Industrial Investment Fund (IIF), Industrial Growth, Financial Innovation, the Period of Economic Transition
PDF Full Text Request
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