The Question Research On Venture Capital Of Clean Technology Industry

Clean technology industry is a emerging industries of strategic importance, which appears not very long but keeps a good momentum of development. In 2008, when the global recession of the industry is generally, clean technology industry showed its broad market prospects by rapid growth. Clean technology industry is the pillar industry of the social and economical development, and is becoming the new economic growth point after the information industry. The development of clean technology industry is seriously lagging behind other developed countries, the mainly reason is the insufficiency of funds in support of industrial development. Only when the venture capital and clean technology industries have combined, can clean technology industries be supported by a powerful capital, and can venture capital gain a generous profit, therefore increasing investment scale and strength, can achieve "win-win." This article is intended to seek the strategies and methods for promotion of development of venture capital and clean technology industry in the common area.First, the paper points out the characteristics of clean technology industry, and further discuss the feasibility and practicality of venture capital in the clean technology industry. According to the identification of high-tech, clean technology industry is a high-tech industry, has the characteristic of high risk high payoff, so venture capital involved in the industry is feasible. The involvement of venture capital for clean technology industry broadens financing channels and solves the problem of the investment shortage, so it is necessary to the development of clean technology industry. These lay a foundation for the development of clean technology industry and venture capital.Secondly, this article shows the development and present situation of clean technology industry and venture capital through a series of charts, penetrates the problem existent in venture capital of clean technology industry, forms a comprehensive point about venture capital of clean technology industry. We further discuss the venture capital of clean technology industry's status separately from the side of scale, distribution of different trades, geographical situation, quit channel and the distribution of different stages by situation of the venture capital of clean technology industry in 2006 to 2008.On this basis, the thesis explained the reason caused the current situation that venture capital is little scale and investment is in a chaotic condition etc., such as:a single source of funds; venture capital hot spot areas need change; lack of professional talents; lack of core competitiveness; the insufficiency of policy support. This article provides a vertical comparison about venture capital of clean technology industry, lack of horizontal contrast with other countries, is one of the inadequacies.How to solve the shortage of venture capital in clean technology industry? How to make full use of private capital under the current circumstance? How to improve clean technology industry's market competition, and attract more venture capital? What kind of national policies and measures should be adopted to ensure the healthy development of clean technology industry?Subsequently, on the basis of intensive research and analysis of venture capital in clean technology industry, the paper attempts to put forward a unitary structure for the investment system in clean technology industry, that can be build by perfecting venture capital market environment, strengthening industry technology, enhancing the training of talents and clearing the functions of the government. In view of the particularity of clean technology industry, clean technology industry is a policy of supporting industries, highly dependent on the policy, the paper emphasizes the functions of the government in venture capital of clean technology industry, only when the various functions have been full played, can venture capital of clean technology industry be development in healthy and orderly.Finally, this paper presents a classic case of venture capital of clean technology industry. Suntech Power Co., Ltd. was successfully listed overseas in 2005 as the world's four major production base of solar cells, created a "Suntech myth". Through the analysis of the process of venture capital for developing clean technology industry, we can get inspiration from Suntech Power: it can create successful enterprises only if the technology, talent, venture capital and government forces have promoted each other and combined. With the environmental problems becoming more serious, we draw a common conclusion that all countries should accelerate the development of clean technology industry, flexible and efficient system of venture capital has an irreplaceable role in promoting the rapid development of clean technology industry. Build and improve the venture capital system in clean technology industry, promote clean technology industry to improve core competitiveness, thus promoting the development of venture capital and clean technology industry, which is the basic idea of this topic. Through the study of introduction of venture capital system in the clean technology industry, the paper probes into a feasible approach for the healthy and rapid development of clean technology industry in China, and lay a foundation to achieve sustainable development.