The Development of Strategic Emerging Industry Need Perfect Equity Investment and Financing Chain
Gu Shengzu1,Ma Junwei2,Gao Mei3
1.Institute of Development Strategy,Wuhan University,Wuhan 430072,China; 2.Changshu Institute of Technology,Changshu 215500,China; 3.Graduate School of Chinese Academy of Social Sciences,Beijing 102488,China
Abstract：Strategic emerging industry,characterized by high investment,high risk and a large number of small and medium-sized technology-based enterprises,is very difficult to get sufficient funds from traditional financing channels.There is an urgent need for equity financing chain of angel investment(AI),venture capital(VC)and private equity(PE).Equity financing performs the various functions of screening industries,risk diversification,integrating elements and inspiriting innovation,so it is an important financing channel for strategic emerging industry in the seed and start-up stage to cross“Death Valley”.Therefore,it remains important to support private capital,promote AI/VC/PE and encourage mechanism innovation in order to obtain equity financing.
辜胜阻,马军伟,高梅. 战略性新兴产业发展亟需完善股权投融资链[J]. 中国科技论坛, 2014(10): 5-10.
Gu Shengzu,Ma Junwei,Gao Mei. The Development of Strategic Emerging Industry Need Perfect Equity Investment and Financing Chain. , 2014(10): 5-10.
2014, 
