Study Of Venture Capital Organizations

With special investment and financing methods, venture capital provides efficient support for technological innovation; therefore it is very important to study the organization of venture capital.Firstly, a new concept of venture capital based on old ones is present: "Venture capital is a combination mode of financial capital and human capital in innovation, which is a system innovation." Then a compare of organizational configuration between our country and other countries is made out.Secondly, with the principal-agent theory, the organization mechanism between the venture capitalist and investor, and between the venture capital firm and entrepreneur, are analyzed.Thirdly, through the analysis of venture capital technology and economy criteria, the concepts of VC's industrial concentration degree are set forth, including concentration degree of industry, district and stage.At last, the organizational foreground of our country's VC career is put forward.