| Since the end of the Second World War, the United States has always been the number one world power, which is superior to others in fields of military, technology and economy. In the field of venture capital, the United States has played the leading role in the world development all the time. Venture capital, as the crown jewel, is an important part of economy of United States. The booming venture capital industry of United States promotes the process of product conversion from invention patents and high-tech achievements and results in the birth and development of many great corporations, which advances the development in scientific technology and economy of United States ultimately, Vice versa, the rapidly developed scientific technology paves the way for the development of venture capital industry with a solid foundation and a good external environment.China has implemented the policy of reform and opening up for more than30years up till now, while the real start of venture capital happened just one decade or two ago. China is no more than a toddler in this area, There are a numerous of problems in aspects of theoretical research, practice experience, industry scope and others with a relatively. But the venture capital is very important for China’s science and technology, economic and even military industries. The venture capital industry is also experiencing a rapid growth in China, is to shorten the gap between China and United States and other developed countries. Therefore, The comparative research of disparities and differences between the venture capital industries of China and United States, the study of experiences and advantages of United States in venture capital and the analysis of the root causes are of great significance to the development of China’s venture capital.This paper, which takes the key issues in the field of venture capital in China and United States as the object of research with focuses in the cases in the Internet industry, builds up the China Venture Capital Promotion System through the comparative analysis of the similarities and differences between China and United States in the field of venture capital, especially in the Internet industry. Firstly, The paper makes a contrast based on the key issues between the similarities and differences between China and the United States in the field of venture capital in general, such as the size of funds, funding sources, organizational forms, relevant government policy. Secondly, the paper makes a comparative research of essential venture capital issues of internet industry of China and United States based on cases. Finally, according to the Fundamental reality of China’s venture capital, this paper builds up the China Venture Capital Promotion System, Trying to develop from the respects of from Multi-phase (venture capital in the full life cycle), multi-level (internal and external environment Which support the venture capital industry development), integration (to promote venture capital the integrated management of the development of the industry) to promote the rapid development of China’s venture capital industry. We could learn the strengths and experience from US’s venture capital industry to promote the development of ours by providing a systematic and feasible solutions. |
