Venture Capital Corporation Business Management Pattern And Institution

Science Technology is the necessary power for economic development, and the fundamental indication for human society advancement. The modern international competition is the Science Technology competition in the final analysis. The high -tech industry which is on behave of the Computer information technology,biotechnology,new energy,new material etc is developing rapidly in 21 century knowledge economic era promote the adjustment and the advance of world nations' industry structure of production heavily. As the engine of new economic increasing, venture capital play an important role in promoting the high-tech results to products and the high-tech corporation develop constant.This paper first sum up the development situation of venture capital in the time series view and induce the commercial management model of venture capital enterprise by generalize and summarize into this main type. The strategy alliance is the venture capital firm's commercial management creativity pattern by comparing of this patterns.The theoretic fundament of strategy alliance is the transaction cost economics and the organization management theory and competition strategy theory. The strategy alliance is realized through Sydicate pattern in venture capital field. The management of investing decision and investment cooperation are the main link of venture capital strategy alliance. The game relation between the venture capital investor and venture capital entrepreneur is the key factor of alliance's success and defeat.The share-holding system fundament of venture capital strategy alliance is the stock system. While the relationship among venture capital investor and venture capital entrepreneur and key technician is the key to the share-holding system. Value assessment system is the kernel to strategy alliance. The traditional cash flow analysis method hardly assess the value of high tech enterprise correctly, while the option pricing theory can compensate the traditional pricing method shortage.This thesis make up of inductive method, analysis method, game method and block-scholes model.