Research On China’s Agricultural Science And Technology Venture Capital Intermediaries’ Development Problems

The Venture Capital of Agricultural Science and Technology intermediary is thebridge between agricultural science and technology enterprises (projects) and venturecapital, it has played an important role in promoting the development of China’sagricultural science and technology innovation as well as agricultural science andtechnology venture capital. The eighteen Party Congress Report clearly pointed that the"scientific and technological innovation and strategic support to improve the socialproductive forces and overall national strength, it must be placed in the core position of theoverall national development.Central Document No.2012highlighted the importance of"Accelerate the agricultural science and technology innovation, ensure the effective supplyof agricultural products". Central Document No.2013, the central government servicesystem, strengthen the agricultural public welfare to cultivate agricultural operating serviceorganizations,the ways and means of innovative services, give full play toagriculture-related intermediary service organizations in the process of agriculturalmodernization. In recent years, with the formation of the venture capital market in Chinaand the growing competition in the venture capital began to penetrate to the field ofagricultural science and technology innovation. However, due to agricultural science andtechnology high investment, high risk, and welfare characteristics, resulting in theagricultural sector venture capital develops slowly. To promote agricultural science andtechnology innovation in the context of the times, it is necessary to develop agriculturalscience and technology venture capital intermediaries,.On the one hand, help to improvethe effectiveness and timeliness of communication of agricultural science and technologyinformation.Oon the other hand, by providing specialized consulting and training servicesto help cultivate the conditions and environment of Risk Investment in agricultural scienceand technology enterprises, and ultimately to promote agricultural science and technologyenterprises and venture capital efficient convergence. In the above context, the paperfocuses on the establishment and operation mode of agricultural science and technologyventure capital intermediaries study: specifically, the article based on the basis of cleartheory of development of agricultural science and technology venture capitalintermediaries, systems analysis at this stage of China’s agricultural science and technology venture capital intermediaries development status, problems and constraints; summary andanalysis of the national agricultural science and technology innovation contest and ShanxiYangling agricultural High-tech industries Demonstration zone intermediary serviceinnovation, for the establishment of the Unified agricultural Science and Technologyventure Capital intermediaries service system to provide reference; combined with thefoundation of agriculture in China will not change for a long and practical needs of themodernization of agriculture, industrial development, and the article further exploreagricultural science and technology venture capital intermediaries establishment andoperation mode selection; Finally, to build China’s agricultural science and technology riskthe SICs system suggestions.