The International Experiences Of Governmental Venture Capital And Its Enlightenment For China

The first national administrative regulation about venture capital《The Guideabout Establish and Operate the Venture Capital Criterion》published on18th, October,2008. It represents that the government of China begins to pay more attention on theventure capital.This passage uses the whole method of compare and contrast the experiences ofthe objective countries in order to get the useful ones for China. The passagecompares and contrasts the differences of the whole working process of the venturecapital between America, Israel, Japan, Korea and India from their capital market,environment of law, the context of its development, operating mode, sources offunding, etc. After all, we get the recommendation of how Chinese venture capital canmake progress according to the success and failure of the venture capital of othercountries.The first part of this passage is the chapter one, it introduces the basic conceptionand theory of the governmental venture capital, and then it shows the situation ofChinese governmental venture capital. The second part is made of chapter two,chapter three and chapter four, it compare and contrast the context、working、fundingof the objective five countries’ governmental venture capital, and get the experiencesof these countries. The last part is the chapter five, it makes the satiation of China andthe international experiences together and gets the recommendations.Make more communication of the information, set up a practical and integratedlegislation, consummate the quit program, attract more personal and internationalcapital get into the venture capital, train talent person for helping the venture capital.The government should take the role of guide.