三种创业投资模式对我国发展创业投资的启示——以美国、德国、以色列对比分析为例  

Three Development Models of Venture Capital and Their Inspiration to China——Comparative Analysis among the U.S.,Germany and Israel for Instance

作　　者：詹骞 石源[2] 

机构地区：[1]绵阳久盛科技创业投资有限公司,四川绵阳621000 [2]重庆大学贸易与行政学院,重庆400044

出　　处：《西南科技大学学报（哲学社会科学版）》2008年第3期31-37,65,共8页Journal of Southwest University of Science and Technology:Philosophy and Social Science Edition

摘　　要：创业投资是高新技术发展的"助推器"和"催化剂",在现代社会经济发展中扮演着重要角色。从世界各国创业投资的发展历程及经验看,创业投资的发展模式主要有三种:以证券市场为中心的发展模式、以银行为中心的发展模式、以政府为中心的发展模式。美国、德国、以色列分别是其三种模式的典型代表,对比分析、探讨创业投资在三国的发展历程、形成的原因和环境以及各自的特点,对我国发展创业投资有启示和借鉴意义。Venture Capital, which serves as the booster of high-tech industry, is playing an important role in modern society. It has three main evolution modes from its developing process and experience all over the world： the evolution mode focused on the securities business, on the bank and on the government, which are typically represented by the U. S. , Germany and Israel respectively. By comparing different development modes of VC in the U. S. , Germany and Israel, the development process, the formation reasons and environment, and the features of each one were analyzed. Their revelations to China were disclosed and some suggestions were offered in the end.

关 键 词：创业投资 发展模式 政府引导 资本退出 

分 类 号：F061.3[经济管理—政治经济学] F830.59