List of Content
1. Introduction …………………………………………………………..7
2. The Meaning of Venture Capital
2.1 The Definition …………………………………………………………8
2.2 The Characteristics …………………………………………………...10
2.3 The Operation of Venture Capital……………………………………..11
3. Venture Capital Companies and Funds
3.1 The Relationship本留学生论文由留学生论文网www.51lunwen.org提供………………………………………………………14
3.2 Differences between VC Funds and Securities Funds………………...17
4. The Second Board Market www.51lunwen.org English Thesis
4.1 The Characteristics and the Influences……………………………….19
4.2 The Operation of the Second Board Market………………………….20
4.3 Comparison of Second Board Market and Main Board Market……...21
5. The Significance of Developing Venture Capital in China
5.1 The Characteristics of Venture Capital in China……………………...23
5.2 The Importance of Developing Venture Capital in China
5.2.1 Knowledge Economy……………………………………………….27
5.2.2 Economy Globalization……………………………………………..29
5.2.3 Local Residents’ Multiple Investment………………………………...31
6. The Problems and Directions of Venture Capital in China Today
6.1 The Status of Government…………………………………………....32
6.2 Quit Mechanism…………………………………………………........33
6.3 Legal System……………………………………………………….....35
6.4 Others…………………………………………………………………36
7. Differences in the History of Venture Capital in China and USA
7.1 USA…………………………………………………………………...37
7.2 China………………………………………………………………….40
8. Conclusion ……………………………………………………..43
9. Literature Cited………………………………………………..45
10. Declaration of Honor………………………………………...46
List of Figures
Figure1:
The Relationship between Subject and Object of Venture Capital…………………….9
Figure 2: english Dissertation
Revenue versus Loss, in Millions, 1994-2000………………………………………..11
Figure 3:
The Operation Process of Venture Capital…….…………………………………………….12
Figure 4:
The Structure of VC Funds……………………………………………………………15
Figure 5:
The Relationship of Investors, VC Company and Enterprises………………………..16
Figure 6:
Limited Partnership System…………………………………………………………..17
Figure 7:
2006-2008 Venture Capital Structure Distribution in China………………………….24
Figure 8:
The Proportion of Regional Distribution of VC in China…………………………….25
Figure 9:
The Regional Distribution of the VC Industrials in China……………………………26
Figure 10:
Life Cycle of Venture Capital…………………………………………………………26
List of Tables
Table 1:
Differences between VC Funds and Securities Investment Funds …………………..19
Table 2:
The Distribution of Venture Capital Structure from 1996 to 2005 in China %............24
List of Abbreviations
VC Venture capital (also known as VC or Venture)
IPO Initial Public Offering
GEM Growth Enterprise Market
WTO World Trade Organization
GATT General Agreement on Tariffs and Trade
ASIMCO Asian Strategic Investment Company
M &A Merger and Acquisition
PE Private Equity
ARD American Research and Development Corporation
DEC Digital Equipment Corporation
SBIC Small Business Investment Companies
MIT Massach
9. Literature Cited本留学生论文由留学生论文网www.51lunwen.org提供
Book:
Feng Xiaoqi, 2008, Ve
