我国有限合伙制风险投资的法律规制

Legal Regulation of the Venture Capital Limited Partnership of China

有限合伙风险投资企业除遵守《合伙企业法》外,还需要特别法规范,明确其准入的特殊条件和法律地位,建立内部激励和约束机制,完善政府监管体系。同时,要营造由配套法律所构成的体系化的制度环境,才能保证其规范和有效地运行,充分发挥其为高新技术和其他创业企业提供孵化、成长资金的功能。有限合伙兼有法律制度设计优势和功能优势,但是也并非完善无缺,因此,决定了我国风险投资基金组织形式多元化发展的格局。

It is necessary to regulate the venture capital limited partnership by specific legal provisions to clarify its special admittance qualification and legal status, establish internal incentive and restrictive mechanism, and ameliorate the government supervision system, besides the compliance with the partnership enterprise law. At the same time, the systematic environment composed by corresponding laws should be created to ensure the ordered and effective operation of the venture capital limited partnership and sufficient exertion of the function of capital and incubating support to hi - tech and other start - up enterprises. The limited partnership has advantages of both legal system design and functions, while it still has some limitations and therefore the venture capital organizations in China would inevitably manifest a pattern of diversified development.