Research On Government Supervision In Venture Philanthropy In China

The Venture Philanthropy originated in Europe and the United States in the1990 s.At the beginning of the New Century,it was first practiced in developed regions,such as Shanghai,and was subsequently promoted in the whole country.New entrepreneur philanthropists realize that the traditional “to teach people to fish”cannot solve the problem fundamentally.They want to establish a mechanism that can be continued in a virtuous circle,and fundamentally solve the problems of the recipients.They must “learn to fish”.Venture Philanthropy is no longer a simple charity but a new type of charity partnership and philanthropic investment model.It has positive significance for the innovation and development of social organizations,but as a new thing,how to govern it? Realizing effective governance is a matter of both theory and practical value.In general,this article uses the theory of government supervision and the theory of the third sector to analyze the failure of philanthropy venture operations and the intervention of government supervision,and combined with some of Shanghai's practices for actual case analysis.Through the research of case and related literature,it is found that the public social organizations in the initial stage often have very good creative ideas and entrepreneurial enthusiasm,but lack professional marketing capabilities,managementcapabilities,and financing capabilities and so on.Although the venture philanthropy has achieved certain results,but in the implementation process,there are problems that cannot be ignored,for example,the distortion of the allocation of public welfare resources,the lack of independence and professional evaluation in the acceptance stage of the project,the lack of supervision and so on.It's urgently required the government to strengthen the supervision to ensure the healthy and effective operation of the project in order to promote the better and faster development of the venture philanthropy in our country,for the better realization of localization to create favorable conditions.Because there are still deficiencies in the development model of Venture Philanthropy,the phenomenon of failure is often accompanied in the process of its operation,which mainly includes failure of objectives,failure of returns,and failure of fund management.At the same time,there are also issues such as the supremacy of financial regulations and the lack of follow-up supervision during the project operation.Under such circumstances,government support alone cannot fundamentally solve the problem.On the basis of participating in Venture Philanthropy,the government should also actively take the role of participant and supervisor,and cannot only act as a “service buyer”.As a result,under the effective government support and participation supervision,public welfare organizations can flourish in China.The full text is divided into six chapters: The first chapter and the second chapter mainly explain the research background,research significance,research methods,research contents and theoretical basis.The third chapter elaborates the development and operation of Venture Philanthropy in China.The rapid development of social organizations in China has provided a vehicle for philanthropic venture capital.The Venture Philanthropy Project practiced by the cooperation government and society means that Venture Philanthropy has gradually shifted from exploration to mature development.However,in the process of development and operation,there have been phenomena of failures in objectives,failures in returns,and failures in fund management.The fourth chapter centers on the intervention and implementation of government supervision.The government mainly establishes regulations,establishesstandards,rewards,and punishments.Through specific methods and processes for specific supervision,in practice,they face problems such as inadequate government regulatory policies and regulations,voluntary failures in the implementation of government supervision,and weak government regulatory policies.The fifth chapter is about how to optimize public welfare innovation in light of the above problems.Investing in government supervision for analysis,focusing on accelerating government supervision and institutional innovation and innovative venture capital,the self-regulation of the project and the improvement of the safeguard mechanism for government supervision were launched.