The Research On Challenges And Countermeasures Of Venture Capital In The Field Of Science And Technology Innovation In China

This dissertation discusses the theoretical issues of Venture Capital and technology innovation. The author has established Binary-star Theory to describe the relationship between venture capital and technology innovation, basing on the understanding of high risk, high returns, big funding gap attributes of technological innovation, and venture capital prefers to technology innovation projects. This paper analyzes the main issues, encountered difficulties and challenges in the sector of venture capital to promoting innovation of science and technology in China, combining with the story about venture capital in technology innovation in shale gas and other unconventional gas sector. At last, the author puts forward 6 measures to improve the performance of venture capital and technology innovation by Learning from international successful experience in America and Europe, and applying the theory of market playing a decisive role in the allocation of resources, since the Third Plenary Session of 18 th CPC Central Committee.