China’s Agricultural Science And Technology Innovation System Of Venture Capital Research

Agriculture is the country’s basic industries, development of agriculture is directly related to the overall situation of China’s economic development, technological innovation is the strong protection of modern agricultural development is an effective way to achieve agricultural modernization, the important role of venture capital for technological innovation in the West economic practice in developed countries has been fully reflected. Therefore, the development of China’s agricultural science and technology innovation venture capital for modernization of agriculture has important practical significance. 1985 China’s formal introduction of venture capital, the necessity of the 1990 s in the field of agricultural science and technology began to discuss the introduction of venture capital, and specific issues such as the introduction of the way, and institution building for the introduction of agricultural science and technology innovation in the field of venture capital has been lagging behind areas, coupled with the country in the socialist market economy, the early stages of construction, the construction of the system are not perfect, hindering the smooth development of venture capital in our country, and agricultural science and technology innovation venture capital investment in agriculture itself, there is a greater risk in comparison to other industries Therefore the construction of agricultural science and technology innovation risk in favor of investment in the development of the system has become more urgent and important.Given the importance of venture capital and of the urgent need for the development of China’s agricultural science and technology modernization of agriculture, we need practical development of agricultural science and technology innovation risk investment, but China has yet to establish a conducive to the development of agricultural science and technology innovation risk investment system system, and even the existence of some system of agricultural science and technology innovation hinder the development of venture capital, so we need to discourage investment in the development of the system of risk adjustment and revision of the system has not yet issued a favorable construction. Not yet have experts on this issue systematically combing the author discussed from this point of view, summed hinder the development of agricultural science and technology innovation and venture capital system and the existing lack of system construction and summary of advanced foreign venture capital on the basis of the system, proposed the development of institutional innovation of agricultural science and technology investment risk improvements.In this paper, the use of empirical analysis and normative analysis, theoretical analysis and application of the scientific method analysis combining a number of theoretical issues of agricultural science and technology innovation system innovation and venture capital for a more in-depth practical problems and meticulous research. In the course of the study found that some systems, such as our presence hinders the development of agricultural science and technology innovation and venture capital, mainly in the fund-raising stage and exit stage funding, the existence of a system of laws and regulations including the lack of specialized agency service system, agriculture intellectual property protection system, agricultural land property rights trading system, trading markets, agricultural science and technology innovation to guide the Fund, tax incentives system, the government procurement system and other issues. And thus points out the risk of the development of institutional innovation of China’s investment in agricultural science and technology to improve the method, respectively, from the sound development of the venture capital industry, the legal system, increasing government support, leverage financial resources, reasonable construction property transaction system, improve the exit mechanism, establish public nature and risks of the exclusive nature of the investment intermediaries, accelerate the construction of China’s capital market, strengthen the protection of the agricultural aspects of intellectual property rights and other proposed system improvements. The author is limited, hope for the subsequent academic research can initiate a reference for the study on agricultural science and technology innovation in the venture capital system.