風(fēng)險投資的運行機制與風(fēng)險監(jiān)控管理研究.pdf

1、武漢理工大學(xué)碩士學(xué)位論文風(fēng)險投資的運行機制與風(fēng)險監(jiān)控管理研究姓名：高維義申請學(xué)位級別：碩士專業(yè)：管理科學(xué)與工程指導(dǎo)教師：謝科范20020101武漢理工大學(xué)碩士學(xué)位論文ABSTRACTVentu∞ecapitalmarketinChinahasbeenestablishedonlyfordecadesnecommunityhasmoreandmorerealizeditspropulsiveeffecttootherindustries，

2、especiallytohitechindustryItiswidelyacceptedthatventurecapitalisnotonlytheincubatorofthedevelopmentofhitechfirmsbutalsotheimpellerofeconomicsDuetothehigllpotentialandhighrateofreturn，manyventurecapitalinvestorsneglectthe

3、characteristicsofhi曲retumandhighriskofventurecapitalTheburstofIntemetbubblebringsusboththeexperiencefromSuccessandthelessonsfromfailureThosevcnturecapitalorganizationsbegintothinkaboutthepotentialriskbroughtbytheinformat

4、ionunsymmetryandtheuncertaintyseriouslyTheoperationmechanismofventurecapitalinvestmentinChinaisiustonthestartupEfrectivemechanismofincentivesandmonitotinghasnotbeenestablishedBasedonsomeinvestmentcasesaswellasthestatusqu

5、oofChina’sventurecapitalmarketthispaperdiscussestheoperationmechanismandmodeofventurecapitalinvestmentandbringsforwardasetofeffectivemethodforthemonitoringandmanagingofventurecapitalinvestmentinordertooptimizetheoperatio

6、nmechanismandprovidethefoundationforscientificdecisionmakingThisPaperconsistsoffinechapters：Chapter1：ExordiumIntroducesthebackgroundpurposeandsignificanceofthispaperaswellastherelativeconceptsandcharacteristicsAIsodescri

7、besthestatusquoofrelevantresearchesinChinaandaboardThemaincontentofthisresearchisshownattheendofthischapterChapter2：Analysesofventurecapital’sstatusquoinChinaReviewsthedevelopmentcourseofChina’sventurecapitalThedevelopme

8、ntcourseofChina’sventurecapitalcanbedividedintothreestages：1986—1991isthebeginning，1991—1997istherisingperiodand1998—2000istherapidgrowingperiodCharacteristicsofeachstageareinducedTheauthoralsoanalysesitsstatusquopointso

9、utthattheshortageoffundsisthemainproblemofmanyhi—techfinnsatthestartup，andtheimpellingofventurecapitalcanpartlysolvethissituationAtlasttheauthorpointsoutsevenmainproblemsthatexistinChina’sventurecapitalinvestmentChapter3

10、：TheoperationmechanismandmodeofventurecapitalinvestmentinChinaAnalysesthebasicpreconditionsofthedevelopmentofChina’sventurecapitalinvestmentfrombothoutsidefactorsandinnermechanism0utsidefactorsincludeinnovationsystemthem