本文選題：風(fēng)險(xiǎn)投資 + 績(jī)效差異��； 參考：《遼寧大學(xué)》2014年碩士論文

【摘要】：改革開(kāi)放以后中國(guó)經(jīng)濟(jì)正以令世界稱奇的速度運(yùn)行，經(jīng)濟(jì)總量持續(xù)增長(zhǎng)，，人民幣兌美元匯率不斷攀高，孕育了大量的國(guó)內(nèi)風(fēng)險(xiǎn)投資公司，同時(shí)也吸引了外國(guó)風(fēng)險(xiǎn)資本家和創(chuàng)業(yè)資本。無(wú)論是風(fēng)險(xiǎn)投資項(xiàng)目數(shù)量、融資金額，還是在質(zhì)量上的成功退出和內(nèi)部收益率，都可以發(fā)現(xiàn)中國(guó)的風(fēng)險(xiǎn)投資在促進(jìn)技術(shù)轉(zhuǎn)化、扶持創(chuàng)業(yè)企業(yè)發(fā)展，支撐國(guó)家創(chuàng)新戰(zhàn)略上都起到了先鋒作用。相對(duì)于有六七十年的、曾扶持起微軟、蘋果、雅虎等一系列帶動(dòng)美國(guó)技術(shù)領(lǐng)跑全球的美國(guó)風(fēng)險(xiǎn)投資公司，中國(guó)可以從中發(fā)掘其積累的經(jīng)驗(yàn)，同時(shí)結(jié)合這三十年來(lái)具有中國(guó)國(guó)情的風(fēng)險(xiǎn)投資手段，來(lái)提高中國(guó)風(fēng)險(xiǎn)投資市場(chǎng)的績(jī)效。 本文將在具備豐富風(fēng)險(xiǎn)投資經(jīng)驗(yàn)的美國(guó)與中國(guó)在其發(fā)展歷程、運(yùn)行機(jī)制、政府作用和投資環(huán)境方面展開(kāi)介紹。比較中美風(fēng)險(xiǎn)投資績(jī)效的差異，分析風(fēng)險(xiǎn)投資績(jī)效的宏、微觀因素對(duì)中美風(fēng)險(xiǎn)投資績(jī)效差異的影響。最后結(jié)合風(fēng)險(xiǎn)投資理論對(duì)中國(guó)的風(fēng)險(xiǎn)投資市場(chǎng)提出建設(shè)性意見(jiàn)。 本文主要分四個(gè)部分進(jìn)行論述： 第一，在緒論這一章節(jié)闡述選擇中美風(fēng)險(xiǎn)投資績(jī)效這一論題的背景、目的和意義，進(jìn)一步總結(jié)風(fēng)險(xiǎn)投資的理論構(gòu)建，并對(duì)有關(guān)風(fēng)險(xiǎn)投資的中、外文獻(xiàn)做了歸納、總結(jié)，找出現(xiàn)有風(fēng)險(xiǎn)投資領(lǐng)域需要解決的問(wèn)題。 第二，剖析了中美兩國(guó)風(fēng)險(xiǎn)投資的發(fā)展概況、運(yùn)行機(jī)制和市場(chǎng)環(huán)境概況。 第三，比較中美風(fēng)險(xiǎn)投資績(jī)效差異，并從宏、微觀兩個(gè)方面闡述其對(duì)中美風(fēng)險(xiǎn)投資績(jī)效的影響作用。 第四，總結(jié)并提出政策性建議。
[Abstract]:After the reform and opening up, the Chinese economy is running at a speed that makes the world wonder. The total economic volume continues to grow, and the exchange rate of the RMB against the US dollar is constantly rising, giving birth to a large number of domestic venture capital companies. It also attracts foreign venture capitalists and venture capital. Whether it is the number of venture capital projects, the amount of financing, or the successful exit in terms of quality and internal rate of return, it can be found that China's venture capital is promoting technological transformation and supporting the development of entrepreneurial enterprises. Supporting the national innovation strategy has played a pioneering role. Compared with a series of US venture capital firms that have supported Microsoft, Apple, Yahoo, and other companies that led the United States to lead the world in technology for 60 or 70 years, China can tap into its accumulated experience. At the same time, the performance of Chinese venture capital market is improved by combining the venture capital means with China's national conditions in the past 30 years. This paper will introduce the development course, operation mechanism, government role and investment environment of the United States and China with rich experience in venture capital. This paper compares the differences of venture capital performance between China and the United States, and analyzes the influence of macro and micro factors on the performance of venture capital between China and the United States. Finally, the author puts forward some constructive suggestions on China's venture capital market with the theory of venture capital. This paper is divided into four parts: First, in the introduction this chapter expounds the background, purpose and significance of choosing the performance of venture capital between China and the United States, further summarizes the theoretical construction of venture capital, and summarizes and summarizes the Chinese and foreign literatures on venture capital. Identify problems that need to be addressed in the venture capital area. Secondly, the development, operation mechanism and market environment of venture capital in China and the United States are analyzed. Third, compare the differences of venture capital performance between China and the United States, and expound its influence on the performance of venture capital in China and America from macro and micro aspects. Fourth, summarize and put forward policy recommendations.
【學(xué)位授予單位】：遼寧大學(xué)
【學(xué)位級(jí)別】：碩士
【學(xué)位授予年份】：2014
【分類號(hào)】：F832.48;F837.12

【參考文獻(xiàn)】

相關(guān)期刊論文 前3條

1 應(yīng)望江,呂羽;論風(fēng)險(xiǎn)投資的政府支持[J];上海財(cái)經(jīng)大學(xué)學(xué)報(bào);2001年04期

2 吳進(jìn)紅;楊蓉;;美國(guó)政府支持創(chuàng)業(yè)與風(fēng)險(xiǎn)投資模式及其借鑒[J];世界經(jīng)濟(jì)與政治論壇;2007年01期

3 陳柳欽,韓力軍,邵責(zé)萍;美國(guó)風(fēng)險(xiǎn)投資業(yè)的發(fā)展特點(diǎn)及對(duì)我國(guó)的啟示[J];學(xué)術(shù)交流;2004年06期

本文編號(hào)：1787216