我国风险投资业的制度分析

制度理论广泛地应用于社会学、经济学、政治科学和管理学领域.概述了制度和制度理论的含义.指出了中国的风险投资进展缓慢、规模有限,很大程度上受到了制度环境的影响和制约,分析了风险投资机构的组织形式、风险资本来源、风险资本退出和政府行为四个方面的制度因素对风险投资业的影响,指出制约我国风险投资业的制度性因素主要来自于法规性制度和认知性制度.

An Institutional Analysis of Venture Capital in China

Institutional theory is used to explain phenomena in the field of economics, sociology, management and political science. The connotation of institution and the effect of institution on venture capital are explored. In China the venture capital develops slowly with small amount of capital and is often restrained to a great extent by institutional circumstances. Based on the analysis of four key aspects of venture capital industry in China, i.e., organization form, sources of venture capital, exit and role of government, the regulatory institution and cognitive-cultural institution are confirmed to be the main restrictive factors to China's venture capital industry.