風險投資的運行機制與風險監(jiān)控管理研究.pdf

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