风险资本投资阶段后移的研究视野

Perspectives for the Venture Capital Investment Stage Moving backward

20世纪80年代以来,在风险投资发展过程中逐步呈现出风险资本投资阶段后移的趋势,导致风险投资业与其他金融业趋同,失去了风险投资存在的意义,造成极为严重的后果。针对风险资本投资阶段后移现象,理论和实践人士要作进一步研究,探索风险资本投资阶段后移的防控机制。

Since 1980s, during the development course of venture investment, the venture capital investment stage has tended to move backward, which made the venture investment industry tend to be similar to other financial industries. That meant that venture capital lost its significance for existence and caused rather serious results. Aim at the situation that venture capital in- vestment stage moved backward, scholars and practitioners should make further research to explore the prevention and control mechanism for venture capital investment stage moving backward.