Research On Venture Capital Support For The Development Of Strategic Emerging Industries

As a new way of investment and financing, venture capital has a huge boost to the development of strategic emerging industries.Use of venture capital, solve the problem of funds in the development of strategic emerging industries.Research venture capital support for the development of strategic emerging industries is of great significance.This paper analyzed the related literature review of strategic emerging industries and venture capital.Relevant experts and scholars from the theoretical and empirical level that venture capital has a supporting role to the development of strategic emerging industries.By discussing two classic mode of the valley and wuhan optical valley’s formation and development, and their features, and a comparative study between the two, can get reference and inspiration:The development of strategic emerging industries in China should vigorously promote the development of venture capital, and increase investment in venture capital.Strategic emerging industries in China with the constant improvement of the supporting policies, appear the trend of industrial cluster,drive economic growth, and research and development ability is increasingly strengthened.But due to lack of mortgage assets, the governance structure is not standard, the credit level is low, with high operating risk, the lack of essential factors of guarantee agencies,high and new technology enterprise widespread financing difficult problem in our country.There mainly display in the limited of financial capital, bank loans difficult, bond financing channel’s imperfect and so on several aspects.It’s need to increase the intensity of financial support for strategic emerging industries.Except in the aspects of fiscal and taxation support, combined with the characteristics of strategic emerging industries, the role of venture capital can be fully reflected.Therefore need to play venture capital support for strategic emerging industries, emerging industries develop rapidly.Reference to previous research conclusion and the experience of venture capital support strategic emerging industries development at home and abroad,according to our country’s financial support in the development of strategic emerging industries,the article puts forward the assumptions that our country venture capital for the development of strategic emerging industries and the enterprise technology innovation has a positive effect.Using linear regression method for empirical research.Through the empirical analysis of the relationship between the venture capital and strategic emerging industries,concluded that hypothesis is correct.Therefore, the development of strategic emerging industries in our country, must develop the venture capital.Taking Chongqing as an example to verify this model.In recent years, venture capital in Chongqing are rapid development and strategic emerging industries.Venture capital for research and innovation development of strategic emerging industries in Chongqing.By the empirical test, risk investment in Chongqing can provide powerful support to the development of strategic emerging industries, but also far less than risk investment scale, and the use efficiency of venture capital is relatively low, can’t play a proper role in the development of strategic emerging industries.Combining with analysis, from the perspective of using the venture capital, put forward policy suggestions on the development of strategic emerging industries in Chongqing:creating a favorable external environment,widen the channel of the fund raising risk investment,building the venture capital and strategic emerging industry mediation system,strengthening personnel training and introduction.To promote a healthy, sustainable and efficient development of strategic emerging industries in Chongqing.