The Venture Capital And The Evaluation Study Of The Investment Value To The High And New-tech Enterprises

Venture capital is well-developed market economy arise in the context of an investment approach, which is a high risk, combination, long-term, equity, and professional investment, technology and Finance Integration is an important node, but also promote technological innovation, promote scientific and technological achievements, innovative activity to upgrade the industry's most active boosters, which is also the region to speed up economic development pattern, the realization of economic structural adjustment and industrial upgrading an important force.In order to achieve our twelfth planning, we must speed up economic development and transformation and focuses on ways to nurture and develop energy, information technology, biotechnology next generation, sophisticated equipment manufacturing, new energy, new material, new sources of strategic the car and new industries strategic objectives. We must play attention on our strategic development of new industries important backbone of the carrier and high-tech enterprises important role, in order to make developed high and new-tech enterprises and high-tech enterprises scaled-gather.However, for china's high-tech enterprises to develop there are a number of deficiencies and difficulties, especially in the face of science and technology of low yield results, narrow channels and financing of the bottleneck problems. therefore, the venture investment, study of risk investment to hi-tech enterprises to promote the principles and mechanisms is very important, which is a hi-tech enterprise development of strategic importance of the new industries, to speed up our economic development changes in the mode of achieving our twelfth period.On the other hand, October 2009, China's Growth Enterprise Market in Shenzhen Stock Exchange opened smoothly in order to have capital transactions and exit mechanism to further smooth,improve multi-level capital market gradually, as the risk of investment and science and technology enterprises in China has created a huge space for development. In favorable conditions, China's venture capital industry ushers in a rapid recovery and development, fund raising and investment are picking up, IPO exit once again ushers in the climax, showing that the venture capital industry are highly prosperous and thriving development scene.(1)Research the background, raising venture capital technological innovation, the development of new industries and accelerate the strategic transformation of the mode of economic development role, based on sound scientific and technological innovation for the establishment of venture investment mechanism.(2)Through the domestic foreign domestic cities in the inspection and field research, the latest domestic venture capital fund of funds to run the government the situation, on this basis, combined with the development of high-tech enterprise status, the risk that high-tech enterprises technological innovation investment in an effective way.(3)The research and sort out the nature of guidance funds, funding sources, operation and exit ways, and guide the Fund's management, foreign investment strategies and risk control methods, combined with the operating principles of venture capital, high-tech companies raised venture capital technology innovation effective way.(4)It proposed the establishment of technological innovation and improved risk investment mechanism High-tech Enterprises City's policy recommendations.Paper studies and papers for the texts of the report, there are some innovative as following:(1)It makes the use of the application of risk investment and economic theory, the paper establish risk investment in hi-tech enterprise system of qualitative analysis framework. It uses the venture promote the development of hi-tech companies to offer a theoretical basis.(2)The paper attempts to establish a technology, investment value to evaluate the mathematical models and choose the right target system, the componential analysis, which is listed at the biological medicine, and information services, the electronic device strategic new industries 50 listed company, as the samples in quantitative analysis, in order to provide the venture capital investment of high-tech enterprises analysis and evaluation.(3)The papers establish a hi-tech enterprise investment value of the mathematical models and choose the right target system, the componential analysis, in the second board.