Study On The Development Strategy Of Professional Venture Capital

With the rapidly development of our national economic and the strength of our national power,大; the oil, electricity, coal and transportation have become the main factors of hindering our economic growth. Our government put more effort on developing transportation. Now, railroad developments have an unprecedented opportunity. It has already changed people's mind as it to a declining industry by the market-oriented reformation. With the coming of knowledge economic times, high-new technology industry has become more and more important in our economic. At the same time, more and more science and technology achievements are invented in the railroad architecture fields. But, only few of them can put into production .The core reason is that we are lack of the tool of VC that can promote the technological conversion .That is why we are urgent to develop VC in railway construction field. However, as a new method to distribute resources. VC operation is differ from the traditional one and we are still lack of mature experience in VC because the risk investment just begin in our country. Therefore, how to develop the profession risk investment has become a hot point to discuss in our theories field.It is argued that the foundation and conditions are satisfied for the development of VC in China, and that developing VC is a systemic project. It is necessary to establish a complete VC system, which includes as follows: positively enlarging the sources of venture capital, setting up different kinds of VC institutions, gradually bringing up VC intermediaries, and constructing good exit channels. Meanwhile, some suggestion is put forward for the government to support the development of VC.The history is introduced of American VC. Given the characteristics and main problems existing in operation of domestic and foreign VC companies, the market status is confirmed for the professional investment companies, for...