论文部分内容阅读
什么是风险投资?风险投资是一种将资金投向风险较大、具有较高技术含量的新创企业以谋求高收益的特殊商业性投资活动。根据国外经验,这套运作方式的核心是一个风险收益对等的、能够促使风险投资家付出极大热情和艰苦努力的动力机制,是一个有效约束风险投资家行为、降低代理成本和代理风险的约束机制,以及一套强有力的支持体系。风险资本的来源渠道是多种多样的。其中包括:机构投资者资金(主要是养老基金、保险基金)、富有的个人资金、大公司资金、政府财政资金、银
What is Venture Capital? Venture capital is a kind of special commercial investment that invests funds in new ventures with high risk and high technology to seek high returns. According to foreign experience, the core of this mode of operation is a motivation mechanism with equal risk-benefit matching that can motivate venture capitalists to exert great enthusiasm and hard work. It is an effective mechanism to restrain venture capitalists and reduce agency costs and agency risks Constraints, as well as a strong support system. The sources of venture capital are varied. These include: institutional investor funds (mainly pension funds, insurance funds), rich personal funds, large company funds, government financial funds, silver