风险投资在促进高校科技成果产业化中的作用机理探析

Contribution of Risk Investment to Industrialization of College Scientific and Technological Achievements

制约高校科技成果转化和产业化的一个重要因素是金融体系不健全和资金不足。文章认为,建立完善的风险投资机制是促进高校科技成果转化的关键。从两者作用机理的分析可以看出,风险投资有效弥补了高校科技成果转化的资金缺口,促进高校科研面向市场,同时对理顺高校科技企业的产权关系,减少科技成果转化过程中的风险,提高高校科技企业后续融资能力等都具有重要的意义。

An important factor that restricts the transformation and industrialization of scientific and technological achievements at college is the imperfect financial system and funding deficiency. This paper argues that the critical solution lies in the establishment and perfection of a risk-investment system. The relationship between the two indicates that risk investment effectively solves the problem of capital shortage in the transformation of college technological achievements, thereby enabling college researchers to face up to the market and helping handle the ownership-management relations well in enterprises run by colleges. This may successfully minimize the risk of transforming technological achievements and guarantee the sustainable financing on the part of enterprises run by colleges.