The Agglomeration Of Venture Investment In China And Regional Economic Growth

Both practical and empirical data in America and Europe have shown venture capital had been exerting great impact on the regional economy.But,venture capital has developed just more ten years in our country,the statistical data about venture capital was few,so studies about venture capital mainly focus on theoretical research,and only a few focus on empirical analysis.The domestic research on venture capital,technological innovation and economic growth is little,so there is a gap between the transformation of the mode of economic growth and studies on venture capitalThis article mainly discuss with one main line:technical effect to explore theoretical mechanism between venture capital and regional economic growth.We can be divided into three steps to discuss the problem.First,this paper starts from the current situation of venture capital and its regional cluster in America and Europe.After a description on venture capital in our country,venture capital's regional cluster also exists in our country through cluster analysis,then we talk about the mechanism of venture capital to promote technological innovation,and the problems exist in practice;Next,then we talk about the mechanism of technological innovation to promote regional economy by using the DEA-Malmquist index model,and the problems exist in practice.The last,in the empirical analysis,the paper constructed a empirical model about venture capital to promote economy through technological innovation,verifying the mechanism of venture capital to promote regional economy with the data of venture capital cluster region,then the paper verify that venture capital has a role in promoting technological innovation,that has a great importance to technological innovation and economy.Finally,it is the strategy part.In order to further enhance China's technological level and technological innovation capability,keep the protection of sustained economic growth,this paper put forward some suggestions aiming at the existing problem and empirical analysis,...