Research On The Development Mode Of Agricultural Science And Technology Innovation Venture Capital

Our agricultural science and technology innovation venture capital has gained unprecedented development since the venture capital lead into our agricultural fields in 1996. With the promulgation of the 2001 "Zhongguancun Science and technology park regulations", the introduction of the Shenzhen Special Economic Zone high tech Industrial Park regulations, "and in 2003" foreign-invested venture investment enterprise management provisions "of the relevant regulations, all kinds of different all of the nature of market subjects including state holding shares in the enterprise, foreign-funded enterprises, private enterprises and other have set foot in the field of risk investment, gradually formed with the development of market economy in our country to adapt to the development mode of risk investment. In 2003 after the participation of agricultural science and technology innovation, risk investment by single government department of early into including state-owned enterprises, foreign invested enterprises, private enterprises and other diversified, this paper in order to develop model as the breakthrough point, our country agriculture science and technology innovation, risk investment for two main lines of the government background and non-governmental development background mode, government dominant, dominant state-owned enterprises, leading in foreign enterprises and private enterprises dominant mode four branch, through the case analysis method and qualitative analysis method, carries on the analysis to the typical successful cases.At present, there are two kinds of development models of agricultural scientific and technological innovation risk, but there are also the disadvantages of the investment.. Is introduced in this paper current situation of the development of the risk investment of agricultural science and technology in China, summarizes the basic characteristics of the two modes of development and practical effect, combined with case summed up the outstanding performance of the main problems of the model in transition background development mode of government interference, investment proportion of high efficiency low, the role of intermediary organizations is not prominent; non government background development mode of venture capital institutions is much and miscellaneous, domestic disperse foreign concentration, tendency of investment projects in the late of the policy dependent strong. These problems indicate that the development of China’s agricultural science and technology innovation is obviously insufficient in leveraging venture capital. As a positive response to the transformation of the mode of agricultural development in our country, the comprehensive construction of well-off society of the national strategy, this paper puts forward the suitable for China’s economic power and agricultural country basic features of agricultural science and technology innovation development model of venture capital, namely, "government guidance and policy intermediary service + venture capital + the agricultural science and technology enterprises" development model.This paper not only from the theoretical basis and the realistic basis discussed our country risk investment of agricultural science and technology new development pattern, and further analysis of the need to rely on the policy environment, including to develop specialized in agricultural science and technology risk investment protection provisions, formulate corresponding preferential tax policies, improved use of fiscal funds and so on. Therefore, the study on China’s agricultural science and technology innovation, risk investment practice has strong practical significance, at the same time, to study how to improve fiscal funds for agricultural support efficiency and encourage the development of agricultural science and technology innovation, risk investment policy measures also has certain reference value of government departments.