风险投资是创新创业发展的重要引擎——美国2018年风险投资分析

Venture Capital is an Important Engine for the Development of Innovation and Entrepreneurship:Analysis of American Venture Capital in 2018

风险投资是科技创新创业发展的重要引擎和发展趋势的风向标。通过分析普华永道等机构发布的有关报告,发现2018年美国风投市场强劲活跃,约占全球半壁江山;风投的区域积聚效应日趋明显,加州特别是硅谷地区的表现更为抢眼;风投强度前4个领域依次是互联网、医疗健康、移动通信、软件;但种子轮投资在风投中的占比呈下降趋势。本文也对我国家加强风投促进创新创业发展提出相关建议。

Venture capital(VC)is an important engine and vane of the development trend of technological innovation and entrepreneurship.By analyzing relevant reports issued by institutions such as PwC,it was found that the US VC market was strong and active in 2018,accounting for about half of the world’s total.The regional accumulation effect of VC was becoming increasingly apparent,and the performance of California,especially in Silicon Valley area,was more eye-catching.The first four areas of VC intensity were the Internet,medical and health,mobile communications,and software in turn.However,the proportion of seed round investment in VC was declining.This paper also puts forward some suggestions for strengthening VC in China to promote the development of innovation and entrepreneurship.