Development Policy Of China's Venture Capital Optimization Analysis

At present the law and policy on venture capital have been far behind of the development of venture capital in our country. Policy on venture capital give law construction the instruction of the direction and principle, so it has a very important meaning, to supply policy instruction to the reformation of law and policy by changing the choice of policy, will cause a very important action to the development of venture capital.At the article, the experience background is the pasted practice that modern market-economy country have developed venture capital, and the practice that our country have developed venture capital is compared with the experience background, the way of system and contrast and adapted with analysis of practice-evidence and theory are adopted by the author to analyse three son system of the big system venture capital: the supply of venture capital, the demand of venture capital, the run organization of venture capital, by making research into the course of gathering the three son system , so to build up the suited policy advice system to better the law and policy of our country.To develope venture capital, we need cultivate great corporation and make them become the main supply body of venture capital. For the aim, we must speed the law construction of venture capital run, strengthen the construction of social credit-system, better tax policy, admit finance company to join in to venture capital; We need cultivate high science-technology corporation owed by some people and make them become the effective demand main body to venture capital, for the aim, we need build up the human-resource organization in that human-resource market-orientating, degrade the essential condition of establishing a new high science-technology. Make out science- technology- investment law to strengthen the science-technology investment of government, better the law of intellectual property protect to strengthen intellectual property protect, make out the government buying law to strengthen government buying; We need make out policy and law to better run organization of venture capital. For the aim, we need policy on how venture capital of government to work, admit limited partnership exist, strengthen the law-control of medi institution organization, better the exchange market over the counter. In fact, all these above are system innovation that we must do if we want to develop venture capital.In sum, developing venture capital need not only to make out plenty of policy to produce a policy system but also make out law system that benefit for the developing accordingly of venture capital, at last, we have to build up the law and policy system on venture capital.