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Journal of Zhejiang University SCIENCE A 2001 Vol.2 No.4 P.462-466

http://doi.org/10.1631/jzus.2001.0462


ON THE INSTITUTIONAL DEFECT AND ITS CORRECTION OF VENTURE CAPITAL IN CHINA


Author(s):  DAI Zhi-min, YU Jin-jin

Affiliation(s):  College of Economics, Zhejiang University, Hangzhou 310027, China

Corresponding email(s): 

Key Words:  venture capital, defect, institution innovation


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DAI Zhi-min, YU Jin-jin. ON THE INSTITUTIONAL DEFECT AND ITS CORRECTION OF VENTURE CAPITAL IN CHINA[J]. Journal of Zhejiang University Science A, 2001, 2(4): 462-466.

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Abstract: 
With the emergence of Knowledge Economy, venture capital is playing a more and more important role in the high and new technology industry in China. The situation and problems of venture investment in China are analyzed in this paper which pointed out some problems that hinder the process of venture investment, and also, gave some suggestions to promote the development of venture capital.

Darkslateblue:Affiliate; Royal Blue:Author; Turquoise:Article

Reference

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[5] Liu Manhong, 1998. The Venture Capital: Innovation and Finance. People's University Publishing House, Beijing, p.315-317.

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[8] North, Douglass C., 1989. The Property Rights and the Country, Reform and Development (2nd, ed.). 480p.

[9] Shen Lijun, 1999. Vemure Investment: operation, mechanism and strategies, Shanghai Yuandong Press. 270p.

[10] Venture Capital Research Team (VCRT) of Ministry of Science and Technology of China, 2000. On the Situation and Strategy of Venture Capital in China, Chinese High Technology Industry Newspaper, July 5, p.1.

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