On Risk Investment

The mainly aim at Venture Capital is high-new technology industry., Venture Capital can optimize the resource, convert the configuration of industry, mend its pace that translating the production to productivity can promote high-new technology enterprises, which drives the economy flourish, so it is called the "amplifier of capital".New Economy origins from America, we are ready to catch hold of developing chance, Venture Capital is still important. Venture Capital began lately, which developed slowly., Government provided more profitable condition, but Venture Capital still fall across the drawbacks. That Evacuating mode of Venture Capital isn't expedite is one of them., The Second Board services for the srrll and medium-sized enterprises, especially for high technology and high potential startup enterprises. The Second Board mekes it easier for investors to evacuating from the morket, taking back their funds., It offers the snBll and medium". sized enterprises the developing circumstance. But because of the risks in the Second Board, we must study the characteristic and the venture, and take the measure to keep the venture away, so the day that The Second Board is built is delayed. There are four parts in this paper. The first part introduce Knowledge Economy, New Economy. The second part discusses the general situation of the venture capital, including characteristic% the developing course, the connection with high and new technology and new economy., The third part discuss the evacuating mode of Venture capital , the concept and characteristic of the second board, analyses the factors in the second board., The foundation on these, I analyze the Second Board in I-Iongkong and condition of studying Ventures Capital in china, study the possible II ventures in the second board, and discuss what we should do to keep it away the risks. Chapter 4 describes the actuality in china, I think there are nnre questions for venture capital, but there are rrre chances for Venture Capital.