Analysis of the Major Models of the Government Leading Fund of Venture Capital——Model Choice of Government Leading Fund in Fujian Province
Lei Chen
Abstract
Lei Chen
Abstract
The government leading fund can leverage the social capital to high-tech enterprises,and help to solve the bottleneck problem of industrial upgrading process.This paper compares and analyzes several major models in China.According to the economic development and the industrial characteristics in Fujian Province,this paper makes recommendations to the development of the government leading fund: it can take the model of local government and the China Development Bank co-funding with the form of illegal system.
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The government leading fund can leverage the social capital to high-tech enterprises,and help to solve the bottleneck problem of industrial upgrading process.This paper compares and analyzes several major models in China.According to the economic development and the industrial characteristics in Fujian Province,this paper makes recommendations to the development of the government leading fund: it can take the model of local government and the China Development Bank co-funding with the form of illegal system.
Key concepts: Bottleneck, Leverage (statistics), Venture capital, Business, China, Government (linguistics), Finance, Fund administration