中国风险投资退出机制研究

Study on the Withdrawal Mechanism of Venture Investment in China

风险投资的退出机制在整个风险投资体系中处于核心地位。面对中国风险投资的退出现状 ,借鉴国外风险投资退出的主要方式 ,结合中国风险投资的实际 ,提出了符合中国风险投资市场的风险投资退出机制 ,如建立二板市场、发展 OTC柜台交易市场和地区性股权转让市场、建立健全风险企业破产清算机制。

The withdrawal mechanism of venture investment is the center in the venture investment system. Analyzing the problem of the withdrawal mechanism of venture investment in China, introducing the advanced experience of foreign countries, according to the present situation of our venture investment, the withdrawal mechanism of our venture investment are suggested, such as, setting up the second stock market, developing the OTC market and regional stock exchanges, strengthening the laws and regulations for bankruptcy, holding up the venture enterprises to finance on the foreign second stock market.\;