The Impact Of Venture Capital On Enterprise Technological Innovation

In recent years,the rapid development of technology and technology has attracted the attention of all major enterprises,national and even the whole world,and the competition among enterprises has been accompanied by the development of the whole society.Starting from the actual situation to consider enterprise can occupy the market leading position,is it have absolute power is all about whether companies have the ability of technological innovation,the ability to not only can bring economic benefits for the enterprise,also can promote the development and progress of the country.Risk investment is a special kind of institution,it is pure born in order to improve enterprise technology innovation,risk investment can supply required large amounts of money to the enterprise and enterprise growth strategy appropriate to the special service.To be able to provide assistance to enterprises with insufficient funds,it has an important role in improving the technological development of enterprises.There are two sides to everything,and the same is true of venture capital.In the meantime,the company can be put into a certain danger.There is a lot of data showing that one of the causes of the us financial crisis is the excessive pursuit of risky projects by companies,which are based on the improper use of power by the ceos of companies.This article obtains from the microscopic Angle to our country the gem manufacturing companies,poring over coherent studies of risk investment and technological innovation at home and abroad,are in accordance with the different levels and classified,and then find out the real running behind the use of theoretical basis,and builds up the theoretical framework for empirical studies in the later;On the basis of the theoretical framework for empirical design,gather coherent data and from the technical innovation investment Rd,technology innovation output Cp two aspects to analyze the risk investment and the connection between the enterprise technology innovation,and on this basis to explore the regulating effect of CEO power,and the following conclusions:(1)the risk investment of enterprise technology innovation was positively to the role.(2)the larger the CEO's structural power,the stronger the positive effect on venture capital and technological innovation capability.(3)the more expert power of the CEO,the weaker the positive effect on venture capital and technological innovation ability.