摘要
近20年来,世界各国为了推动高新技术产业的发展,普遍采用孵化器与风险投资融合的模式。孵化器和风险投资在形成的背景、追求的价值、主要的服务功能、关注的空间和时间形态上有所不同,但在发展方向、运行模式、投资领域的专业化和退出方式上存在着很多的共同点,并且在项目源、管理、资金和政策上存在着很强的互补性,两者的融合将是"双赢"或者"三赢"的结果,融合非常必要,彼此都有融合的利益和风险,因此,二者的融合成为一种必然的趋势,也必定能促进风险投资和孵化器的共同发展,寻求它们之间的融合机制也变得越来越重要。
In the recent twenty years, many countries around the word use the incubator and venture capital combination model to promote the development of high-tech industry. Incubator and venture capital are different in the background of the formation, the pursuit of the value, the main features of the service, attention to the spatial and temporal patterns, but in the development, operation mode, specialization in the way of the exit there are a lot of common. And in the source of the project, management, investment and the funding and policy there are strongly complementary to each other. The combination of the two would be "a win-win" or "win-win- win" result. The combination is the need because of their interests and risks. The combination has become an inevitable trend, and we will be able to promote venture capital and incubator of common development. Seeking their combination mechanisms is also becoming increasingly important.
出处
《科学学与科学技术管理》
CSSCI
北大核心
2009年第5期105-110,共6页
Science of Science and Management of S.& T.
基金
国家自然科学基金项目"我国企业孵化器的运作机理和政策框架研究"(70673039)
江苏省教育厅哲学社会科学基金项目"和谐社会视野下的资本市场对经济增长推动机制研究"(08SJD7900032)
南京邮电大学攀登计划课题"资本市场的和谐发展与经济增长关系研究"(NY207046)
关键词
孵化器
风险投资
融合
模式
incubator
venture
capital
combination
model