Economic Examination of Venture Capital: A Study on Institutions, Principles, and Localization in China

Author: Lü Wei
Publisher:
Publish Date: 2001-07-01
Features: The main purpose of this book is to provide a rational-level economic interpretation of the principles of venture capital and their localized application in China. China is still in the middle of industrialization and the process of marketization. The constraints of its development stage and transition phase make it more receptive to the exclusionary aspects than the compatible aspects of the innovation mechanism of venture capital. Therefore, in addition to studying the principles of venture capital, it is also necessary to study the effective principles of its localized application in China. The book is divided into four parts,. The thread is: induction of venture capital at the micro and phenomenal level → induction of venture capital at the macro and theoretical level → economic principle analysis and speculation of economic activities and economic relationships in the field of venture capital → constraints and possibilities of the localized application of venture capital principles in China. Part is a prelude to the central thesis of the book, aiming to outline the overall picture of venture capital, this "imported product," before delving into the principle-based discussion, serving as the longitudinal analytical object throughout the book. The second part is a continuation and development of the part. The third part is an in-depth and sublimation of the content of the second part. The fourth part, on the localized application of risk in China.