Study Of Venture Capital In Forestry Hi-Tech Industry

Substract: Venture Capital in the forestry Hi-Tech industry has been studied in this article. The author analyzed the features, the modes and the financial support of Hi-Tech industrialization in forestry and argued that the lack of capital will be the central obstacle of the Hi-Tech industrialization in forestry. Since Venture Capital is called the "accelerator" for Hi-Tech industrialization, the operation mechanism of venture capital as well as its advantages has been analyzed. Thus Venture Capital in forestry Hi-Tech industry has been focused on, the necessity and feasibility of venture capital for Hi-Tech industrialization in forestry has been explained, and some problems and suggestions to be notified has been put forward. In order to combine theratical study with applied one, the author used case study, which comes from the author's internship. Finally the author got the following conclusions, first, the most typical forestry Hi-Tech is divided into three categories, the biological technology to cultivate new varieties of plants or to improve current ones based on gene engineering; new material technology based on compound woodworking materials; the information technology mainly used to promote "Digital Forestry". Some of these Hi-Tech could be invested by Venture Capital, thus to impove the industrialization of forestry Hi-Tech. Sencond, by introducing Venture Capital to forestry enterprise, especially forestry Hi-Tech enterprise, the performance could be enhanced, thus to improve the private forest in China. Third, from the strategic management point of view, Venture Capital could bring competitive advantages to forestry enterprise, which might be transferred to its core competitive ability.