中国风险投资发展的演进、现状与未来展望  

The Evolution,Status and Prospect of China's Venture Capital

作　　者：张俊芳[1] 郭戎[1] 

机构地区：[1]中国科学技术发展战略研究院,北京100038

出　　处：《全球科技经济瞭望》2016年第9期34-43,共10页Global Science，Technology and Economy Outlook

基　　金：国家社科基金重大招标项目<创新型国家背景下的科技创新与金融创新结合问题研究>(11&ZD139);中关村科技园区管委会对外合作课题<天使投资与中关村新兴产业创业(机制)研究>(20140504B)

摘　　要：风险投资在国家创新体系建设中扮演着重要角色。本文系统回顾了中国风险投资业发展的历程及其阶段性特征,通过年度统计调查数据分析了近年来中国风险投资发展的主要特征及趋势;同时,从中央和地方层面系统总结了中国政府扶持风险投资业的主要措施,并在此基础上探讨了中国创投行业在未来发展中仍需关注政府引导基金效率、天使投资发展、国有创投制度,以及相关优惠措施等方面的问题。Venture capital plays an important role in the construction of national innovation system. This paper reviews the development of China＇s venture capital and the periodic characteristics, summarizes the main characteristics and trend of the China＇s venture investment development in recent years by way of analyzing the annual statistical survey data. At the same time, it summarizes the main measures for supporting the development of venture capital industry from the central and local government, and on this basis, it discusses that China＇s venture capital industry development still needs to focus on the government guidance fund efficiency, angel investment development, the state-owned venture capital system, and relevant preferential measures in the future.

关 键 词：风险投资 引导基金 税收优惠 

分 类 号：F830.59[经济管理—金融学]