欧洲风险投资业产业竞争力研究  

A Research on the Competitiveness of European Venture Capital Industry

作　　者：史占中[1] 王亚民[1] 

机构地区：[1]上海交通大学管理学院,上海200030

出　　处：《中国软科学》2003年第4期47-51,共5页China Soft Science

基　　金：国家社会科学基金青年项目(02CJY016)

摘　　要：本文基于现代产业组织理论SCP框架对欧洲风险投资业产业竞争力进行研究。结果表明,欧洲风险投资业较低的市场集中度水平、较高的退出壁垒决定了欧洲风险投资业投资行为特征,即欧洲风险资本主要流向非科技企业的后期发展阶段,并最终导致欧洲风险投资业相对较低的产业竞争力。Based on the SCP frame of modern industrial organization, the paper analyses the European venture capital industry systematically. The research results show that low market concentration ratio and high entrance &exit barriers determine the investment behavior of European venture capital industry. The venture capital is mainly invested in later-stage non-technology firms. This is the answer to the question of relatively low industry competitiveness of European venture capital industry.

关 键 词：欧洲 风险投资业 产业竞争力 风险资本 非科技企业 市场集中度 

分 类 号：F835.048[经济管理—金融学]