VentureCapitalinChina.pptVIP

Venture Capital in China ——Past, present, and future Group 4 2012.10.25 Content Abstract and Keywords Venture capital in China Evolution of venture capital in China Venture capital in China today Institutional setting in China Prior research Methodology Results：foundation, selection, monitoring, value-added activities, exit. Discussion Contributions of this research Conclusion References 1. Abstract This article： Reviews: Literature on venture capital in China； Examines： where has been; where it is likely to go; differences between China and USA; Appraise: Future prospects. 2、Foreword Institutional context: Supply-side and demand-side institutional variables Institutional forces China’s venture capital industry: growing but challenging The institutional context in China: Lack of intellectual property rights and rule of law. Add to the complexity, but still booming. ?This article will: Examine how venture capitalists meet challenges and control the risk; Discuss future prospects for research and practice 3、Venture capital in China Key differences between China and North America: In North America: VC is different from PE In China: VC and PE are used interchangeably. This paper distinguishes venture capital from private equity and later stage investments. In North America: format for VC is limited partnerships. In China: corporate funds ?We do not limit our review here to LP or bank/corporate VC firms, but such differences are recognized. 4、Evolution of venture capital in China (1)Starting: late 1970s, foreign investment, opportunities and challenges (2)The first international VC and early government policy (3)VC were limited, and the goals of the government and venture investors were in conflict. (4) Unsuccessful early efforts in Shenzhen, and xtensive growth since the Chinese Venture Capital Association was inaugurated in 2002. 5、Venture capital in China today Types: foreign, government,