险投资

• Therefore , it is of great significance to make studies on the venture capital , especially on its aspect of being the key mode of capital allocation , and to analyze its influence on the investing and financing structural reform . the paper analyzes the venture capital in a comprehensive way
  随着我国风险投资业的发展，风险投资与资金配置效率、公司治理机制的关系日益凸现，研究风险投资，特别是把风险投资作为一种新的资金配置方式，分析其对投融资体制改革的影响具有很强的现实意义。
• Threading along the collection , taking use and withdraw of the venture capital and from the eyes of the venture capital organization , the paper argues that the venture capital is a special means of financing and investing and divides the mechanism of the operation of venture capital into three parts , e . g
  本文把风险投资看成是一种特殊的投融资方式，以风险资本的筹集、运用及回收为主线，站在风险投资家的角度将风险投资运行机制化分为融资机制、投资机制和退出机制三部分。
• In our country , improving the venture capital investment fund will benefit the reformation of the financing system and the regulation of venture capital subject . when considering the corresponding legislation , we should adopt the particular model , namely based on the investment fund law , specifically setting down the law about the venture capital investment fund and supplemented by other laws . the particular law will stipulate the investment direction , administration , the manner of issuance and qualification of the investor and so on
  大力舰风险投资基金的发展将促进融资体’制的改革，并有利于规范风险投资主体的行为，因此在相应的立法思路上，应采用专门立法的模式，即以我国投资基金法为基础，具体制定有关凤险投资基金的法律，并通过其他法律进行补充，对于风险投资基金的投资方向、管理、发行方式、投资者的资格以及风险投资基金的治理结构等进行规定。
• This dissertation attempts to illustrate the operating system of venture capital form following aspects : ( 1 ) it focuses on the investment procedure and withdrawing system of venture capital on the basis of analysis of historical background and organization form . ( 2 ) it introduces main characteristics of international venture investing market
  本文试从以下几方面来阐述风险资本的运作机制：在论述风险资本产生背景及组织形式基础上，重点探讨风险资本的投资过程及风险资本的退出机制；对国际上风险投资市场的主要特征进行了介绍，就我国风险资本市场的现状和发展对策作了专题讨论。
• So it is necessary for us to absorb the successful experience from developed countries , and we must establish a set of institutions about the venture capital under the consideration of our present situation . and all these are important for our country to compete with others in the world economy
  因此充分吸收和借鉴发达国家和地区发展高新技术的成功经验，特别是结合我国实际情况，建立起风险投资机制的一整套完善的运作方法和制度即显得尤为必要，对我国参与世界经济角逐也具有十分重要的意义。
• I analyse the current situation of the factors of vc system and find there are six problems in the current system : the principal of the vc is not mature ; the situation of vc institutions is in dilemma ; the intermediary institutions have just immerged ; the vc market is not completed ; the laws on vc is not well developed and the role of the government is not clear
  另外，风险投资不但对于我国具有积极的意义，在其自身的特点决定下还可能埋伏着负面的影响，因此政府应该建立监管系统，加强风险投资业的管理和风险防范。第二章，结合当前我国风险投资主体、风险投资机构、风险投资中介机构、风险资本市场、风险投资法律框架、政府作用等6大风险投资体系构成要素的现状，分析其各自存在的问题和改进方向。
• Second , it makes a comparative analysis to management mechanism that under different venture capital market developing model , like arrangement of property right , incentive and bonding , risk elusion , manpower developing mechanism and withdrawal mechanism by using the qualitative and quantitative analysis method
  在分析时，本处采用的是理论分析方法；第二，对不同的风险资本市场发展模式下风险投资的管理机制如产权安排、激励约束机制、风险觌避机制、人力资源开发机制以及退出机制做了对比分析。
• B ) to give full play to the government ' s role of macro - management and coordinating , reforming the examine and approve system , improving the insurance systems for investments abroad , fully utilizing the financial means to support the private - owned enterprises " investment abroad . on the other hand , the socialization service system for the small and middle - sized private - owned enterprises should be made perfectly and innovation ability of private - owned enterprises should be cultivated as soon as possible , c ) to build up the foreign exchange control system , which is adapted to the need of international market , d ) to perfect the financial service system and support the private - owned enterprises " investments abroad , that is to raise the financial institutions " supports for the small and middle - sized private enterprises ; to develop the small and middle - sized financial institutions actively which can coordinate well with th e private - owned enterprises ; to set up multi - polar stock rights investment structure ; to perfect the risk inves
  本文第四部分也是文章的中心部分，主要对民营企业开展对外投资提出了若干建议： 1 、加快出台与对外投资相关的法律法规； 2 、充分发挥政府的宏观管理和协调作用，改革审批制度、健全对外投资保险制度、充分利用财政及金融手段支持民营企业对外投资、完善中小民营企业的社会化服务体系以及加快培育民营企业的创新能力； 3 、建立适应国际市场需要的外汇管理制度； 4 、完善金融服务体系，支持民营企业对外投资，建立多极化股权投资体制，健全风内容提要险投资体系以及大力发展中小民营企业信用担保体系。