The Development Study On China's Venture Capital

Since Venture Capital investment was born since the forties of the 20th century, venture capital had already become the boost motor of development of new high-tech enterprise, it bring the whole world new economic dawn of times, is it affect new strong power of economic development to become. Our country has developed risk investment for nearly 20 years, compared with developed country of foreign risk investment, still at initial stage, a lot of questions exist, such as venture capital being small in total amount, the capital source channel is single; It is not unobstructed that the capital withdraws from the mechanism; Relevant legal systems are not perfect; Lack qualified personnel in a specific field. This literary grace uses the comparative analytical method, regard risk investment of our country as the research object, pass the development of the investment of the relatively domestic and international risk, have analyze the factor of restraining the risk of our country from investing money in developing especially, has explained the countermeasure of quickening the development of venture capital investment of our country outstandingly, some new thinking of proposing structuring the system of risk investment of our country innovating. The main content of this text is divided into six parts:The first part of the whole article is chapter one and chapter two, chapter one explain mainly that has analyzed the concept characteristic of risk investment, the course of the function and risk of risk investment. Classification about venture capital investment, according to the risk investment input way, can divide venture capital investment into " the lever type " , The sum of risk investment " and The rights and interests " Risk investment; Different at developing stage of enterprise invested according to accepting, can divide risk investment into the seed capital, channel into the capital, developing capital and risk to merge the capital; And if angel investment, risk lease and wheat kindness invests odd kinds of special risk investment ways. Chapter two combed the background emerging in venture capital investment of our country, start an undertaking and make the investment to emerge domestically with the background of world after reviewing our country, is it is it introduce and start, rise not fast to increase progressively to divide undertaking of our country into to invest money in developing, reason is it wait for 4 developing stages to change, have introduced the situation and question that our country starts an undertaking and invests money in developing of each stages in detail, in the hope of giving readers a whole concept and background knowledge.The second part as the whole article, in chapter three and chapter four, article is it invest in from our country industry own capital form state and their investment situation two respect is it analyze whole state of development of trade to come to start an undertaking mainly. The undertaking investment industry of our country is still at very immature stage as to foreign ripe country, no matter or at initial stage and developing stage from the scale of the capital, structure according to behavior invested in, so seem very meaningful to the research of industry's source and industry's common behavior, will contribute to our having clearer understanding to development train of thought and his micro upper question of a respect of these industry.Chapter four of the article focuses on and achieves the area where the going into operation industry makes the investment to distribute from our country, stage distribute, industry distribute and project withdraw from situation is it analyze our country create characteristic and result.Third of the article ones part is as describe by one of part especially, analyze through chapter five and chapter six our country create respectively throwing industry deposit mainly in some question, and on how accelerate our country is it throw development of trade propose author's own suggestion in five aspects to create. About the existing problem, the article points out five following respects question that restrained our country from creating the development of the going into operation industry.Chapter six proposed about accelerating the development of the countermeasure of risk investment of our country to these questions.