【作者】 李薇；

【导师】 王仁祥；

【作者基本信息】 武汉理工大学 ， 国际贸易学， 2004， 硕士

【摘要】 风险投资对于高科技企业的成长是至关重要的。目前，我国针对风险投资的政策法律尚不完善，融资渠道极其有限，监管体系和中介体系也尚未形成，同时最重要的是缺乏风险资本的退出渠道。这些都在一定程度上制约了风险投资的发展，为加速风险投资的发展，当务之急就是要倾力加强风险投资的金融环境的建设。 本文在写作过程中，引入了系统论的观点，将实证和规范相结合，具体运用了包括结构分析法，规范分析法和实证分析法在内的多种分析方法。 第一部分，从理论上分析了风险投资的金融环境的各组成要素，它包括融资环境、政策环境、法律环境、金融中介环境、监管环境及退出环境，同时分析了以上各要素之间的相互联系，得出风险投资金融环境的系统结构图； 第二部分，用一定的篇幅比较分析了风险投资发达国家或地区在其金融环境建设上所取得的经验； 第三部分，结合我国国情，着重分析了我国风险投资的金融环境各组成要素的现状及存在问题，并指出了结构上存在的不合理现象； 第四部分，在分析了风险投资的金融环境中存在的问题及原因的基础上，借鉴发达国家的经验，得出我国发展风险投资的金融环境的具体对策。更多还原

【Abstract】 Venture Capital (VC) is very important to hi-tech enterprises. However, the lacking of withdraw channel, related laws and policies, enough VC investors, efficient supervision and financial medium, these problems all restricted the development of VC in our country. So, in order to fasten the development of VC, the author think it is important to build an integrate financial environment.During the period of researching, the author combined criterion and demonstration from the point of the systemic viewpoint, including structure analysis, criterion analysis and demonstration analysis.Part1: This part analyzed all the elements in the financial environment of venture capital ideally, including financing, policy, law, financial medium and supervision environment. At the same time, the relation among all the elements was researched, and the system diagram about the financial environment of VC was put forward.Part 2: The experience of the financial environment of venture capital in many developed countries and districts is analyzed in this part.Part 3: The current situation and existing problems of the financial environment of venture capital in our country is discussed. At the same time, this part put forward unsuitable phenomenon in the framework.Part 4:On the base of analyzing the existing problems of the financial environment of VC .compared with the experience of developed countries and districts, this part put forward some specific suggestions building financial environment of VC.更多还原