对风险投资家激励模型的研究

Study on the Incentive Model to the Venture Capitalist

风险投资家在风险投资过程中起着关键性作用.对风险投资家建立一种激励机制将变得越来越重要.通过对传统激励理论的分析,得出这样结论:制定一种显性的连续支付模式,对风险投资起着一种极强的激励作用,可有效防范风险投资家投资的草率行为,并能缩小投资者的代理成本.

The venture capitalist plays a key role in the venture investment. An incentive mechanism is established to the venture capitalist. Based on the analysis of the traditional incentive theory, a conclusion more and more is made that a kind of apparent and continual compensation contract makes a good inspirited effect to the venture investment, and also the capitalist＇s slapdash behavior can be hold back and the Ventur Investor＇s agent -cost can be reduced.