证券市场导报
證券市場導報
증권시장도보
Securities Market Herald
2009年
5期
4~8
,共null页
风险投资 创新型经济 创业投资 风险投资体系
風險投資 創新型經濟 創業投資 風險投資體繫
풍험투자 창신형경제 창업투자 풍험투자체계
Venture Capital, Innovative Economy, VC System
中国风险投资行业已经颇具规模,2008年的投资额和募资额均跃居全球第二位。但中国风险投资行业发展表现出明显的区域不均衡性,无论是投资机构、管理资本规模还是被投资企业,都显著集中于少数几个发达城市和地区。面对区域发展不平衡的现象,本文认为,要从培育创新型企业群体、打造风险投资群体、发展和培育投融资中介群体这三个方面来完善区域风险投资体系。
中國風險投資行業已經頗具規模,2008年的投資額和募資額均躍居全毬第二位。但中國風險投資行業髮展錶現齣明顯的區域不均衡性,無論是投資機構、管理資本規模還是被投資企業,都顯著集中于少數幾箇髮達城市和地區。麵對區域髮展不平衡的現象,本文認為,要從培育創新型企業群體、打造風險投資群體、髮展和培育投融資中介群體這三箇方麵來完善區域風險投資體繫。
중국풍험투자행업이경파구규모,2008년적투자액화모자액균약거전구제이위。단중국풍험투자행업발전표현출명현적구역불균형성,무론시투자궤구、관리자본규모환시피투자기업,도현저집중우소수궤개발체성시화지구。면대구역발전불평형적현상,본문인위,요종배육창신형기업군체、타조풍험투자군체、발전화배육투융자중개군체저삼개방면래완선구역풍험투자체계。
Chinese VC industry has gained a certain scale. The amount of investment and financing ranks the 2nd around the world. However, the regional imbalance has been enormous: the investing institutions, the capitalization managed and the target enterprises all concentrate in several developed regions. Considering this imbalance, this paper suggests culturing innovated enterprise groups, brooding VC groups, and developing intermediaries to improve the regional VC system.