有限合伙制:风险投资企业的优选组织形式

Limited Partnership: Optimized Organization Form for Risk Investment Enterprises

风险投资是一种特殊的资本运作方式,具有高风险性、低流动性、高收益性的特征。有限合伙制是一种高效的激励约束机制,能够把责、权、利较好地结合起来,实现专家理财,降低运行成本,与其他组织形式相比,有限合伙制更适合风险投资要求的风险投资企业,因而更有利于我国风险投资业的发展。

Risk investment is a special way of capital operation with three attributes of high risk, low fluidity and high profit. The limited partnership is an efficient incentive-restrictive mechanism. It can efficiently combine responsibility, power with interest and can realize professional financial transactions fairly well to lower the functioning cost. Comparing with other forms of organizations, limited partnership is fitter for risk investment enterprises and is more favorable for the development of Chinese risk investment enterprises.