Study On Project Evaluation Of Venture Capital In Agriculture Biotechnology Industry

The first 20 years of 21century is the key moment of constructing well-off society. As one of agriculture high-technology, agriculture biotechnology has been the strong power of new agriculture high-technology revolution, which plays a vital role in the transition from traditional agriculture to modern agriculture. Nowadays the world is in the course of accelerating change period, which is confronting with the significant social and economic problem , such as food security, environment pollution and energy sources scarcity etc. . agriculture biotechnology is one of the potential technology methods to resolve these problem. Agriculture biotechnology industry plays a vital role in development of national economy, but capital shortage is a bottle-neck, restricts its development. Venture capital as the tool that promots high-technology industry development, which plays a vital role in sustaining new small and medium-sized enterprises, promoting high-technology industry development, enlarging employment market, optimizing resource arrangement, cultivating new economic increased point etc., and it will be effective approach to settle shortage of capital in development of our country's agriculture biotechnology industry .The paper analyzes the developing situation, various risk factor of agriculture biotechnology in our country, and the indispensability to absorb venture capital, and bases on domestic and overseas research theories and practice experience of venture capital, discusses mostly evaluation method and evaluation indicator system of project evaluation in agriculture biotechnology industry. At present, venture capital about agriculture biotechnology industry is on seed, the theories and practice experience has being studied, in such situation, we can use traditional evaluation method, evaluates venture capital's project of agriculture biotechnology industry, and decides whether investment or not just by this . But these evaluation methods have limit in venture capital 's project evaluation of...