循环经济理论下的中国创新创业生态体系的发展研究

The development of China’s innovation and entrepreneurship ecosystem under the circular economy theory

我国风险投资产业在从无至有的三十年发展历程中,在短期内实现了极高增长速度和巨大交易体量,跃居成为亚洲乃至全球范围内最令人瞩目的风险投资市场。针对这一现象,本文试图基于演化经济学理论分析中国创新创业生态体系迅猛发展的原因。从风险投资行业募资、投资和退出产业链条来看,本文认为创新创业生态、创投基金生态以及多层次资本市场生态三者之间互为环形因果;而我国在这三个生态体系内的发展建设环环相扣、形成了循环累积效应,强化了系统内的累积力量,进而促进我国整个创新创业生态体系呈现螺旋上升的发展趋势。

In the past 30 years,China's venture capital industry has achieved a very high growth rate and a huge volume of transactions in a short period of time.It has become the most remarkable venture capital market in Asia and even the whole world nowadays.Therefore, this paper attempts to analyze the reasons for the rapid development of China's innovation and entrepreneurship ecosystem under the framework of Evolutionary Economics theory.Based on the venture capital infusion,investing and exiting chain,this paper argues that innovation and entrepreneurship ecology,venture capital fund ecology and multi-level capital market ecology are interlinked.In practice,the development and construction of China in these three ecological systems are also interlinked,which therefore form a circulating cumulative effect and strengthening the system.It is the cumulative force that promotes the entire innovation and entrepreneurship ecosystem in China and builds a spiral development trend.