当前我国农民创业者投资行为分析

Analysis on Investment Practices of Farmer Entrepreneurs in Contemporary China

本文从进入投资、投资数量、投资方向、再投资、投资合作等方面分析农民创业者创业投资行为的规律性,并为农民创业者营造良好的投资创业环境的制度安排提出一些建议。农民创业者是否进入投资是创业机会、项目收益、环境创业动力、创业者心理习惯与外在示范效应等因素综合作用的结果;总体上,农民创业者初次投资的数量等于他储蓄的数量;农民创业者选择投资方向包括模仿他人、外部引导、自主选择、感性投资等途径;农民创业者再投资过程是一个经验不断固化的过程,是一个不断寻求经营博弈合作的过程,是农民创业者不断成长的过程;农民创业者投资合作决策大致经历创业初期的合伙投资倾向、再次尝试创业投资阶段的单独投资倾向和投资成熟阶段的重新合伙投资倾向三个阶段;应从优化创业经营环境、提高农民创业者自身素质方面促进农民创业者成长。

This paper explores the principles of venture investment by farmer entrepreneurs through analyzing farmers'step-in-investment behavior,the amount of investment,investment direction,reinvestment,and financial cooperating practices as well as bringing forward suggestions on institutional arrangements to optimize investment environment for farmer entrepreneurs.It is pointed out that to step into investment is an interaction process of opportunity weighing,benefit analysis,environmental drive,mental habits and demonstration effect of external factors;in general,the amount of initial investment of farmer entrepreneur equals to his savings before his investment,which serves as a law in venture behavior of farmer entrepreneur;investment direction is related to fund raising and the methods of choice which the farmer adopts;the reinvestment is a process of accumulating experience and seeking cooperative solutions of the business game,and also the process of growing of farmer entrepreneur;farmer entrepreneurs tend to invest with partners in early stages of investment,and try to invest separately in reinvestment stages,and to re-partner investment as they become sophisticated in venturing.