风险投资与高新技术企业的关系研究

Venture Capital Investment & High-tech Enterprise:Relations

风险资本的最大优势在于应对和处理信息不对称的能力,它比传统的投资方式更能应对和处理创业企业的道德风险和逆向选择问题,由于能够更有效率地筛选投资项目、监管创业企业家和提供增殖服务,风险资本比其他资本更能适应高技术企业的融资环境,这也是风险资本在这一领域能够产生和发展的关键原因。

The most advantage of venture capital consists in ability of dealing with asymmetry of communication, namely,it has more advantage to deal with moral venture and converse choice of new enterprise than conventional investment mode, venture capital adapted itself to financing environment of high-tech enterprise than other investment mode because of efficiently filter investment item、 supervising new entrepreneur and offering incremental service, this is key reason that new capital bring and develop in the field.