Font Size: a A A

Angel Investment In Research And Development Abroad, Learn Successful Experience

Posted on:2011-09-01Degree:MasterType:Thesis
Country:ChinaCandidate:L F CaiFull Text:PDF
GTID:2189360305456956Subject:World economy
Abstract/Summary:PDF Full Text Request
Startups need money, so it is venture capital investment, hi-tech industry "greenhouse", it is the growth in high-tech industries plays a role that cannot be ignored.Angel investment and risk investment belong to venture investment, but the angel investment risk investment, informal to formal risk investment belongs to, as equity capital investment.In the initial stage of startups, enterprise operating the funds required to basically is freedom of entrepreneurs by its property or relatives and friends of the funds by collecting, this process is commonly become the first startups, this one phase is financing early entrepreneur an important source of equity capital in poineering process has played a key role.First financing of capital will soon finished the second round, the financing source is the angel investment or investment risk.Angel investment originating in 19th century New York Broadway, so far, in euramerican developed countries and the Asian countries have developed quickly.Angel investment and risk investment is the second round of startups financing major choices, but due to the angel investment funds, with investment scale, financing source is a process of low cost, etc, often in start-ups in the seed and initial have a role to play, And only the relative risk investment access requirements, because of the high cost of financing, financing, and immense process characteristics, such as large amount of investment goals tend to be in the mid-late startups, of course, exceptions, such as start-ups or project in the setup phase has considerable size or its tremendous growth was recognized experts such circumstances, risk investment or will put money into the project or startups.Nevertheless, it is estimated that the total investment is an angel investment risk investment of 2-3 times, because of the angels invest single investment on a smaller scale, therefore, an angel investment in investment projects or enterprises is the number of risk investment of 25-50 times, thus present angel investment scale has many great.Scale with benefit, angel investment development, also greatly promoted the economic development, and promote the investment in the development of angels with unceasing enhancement, of course, an angel investment on the role of startups more powerful.Angel investment in China is still far from European and American countries, not for domestic investors, it is a kind of new mode of investment.This article chooses this proposition is the meaning, through the analysis of the origin and the definition of angel investment, investment and risk of investment angels to compare, and characteristics of investment in the development of all angels, thus angel investment to the economic development of all countries, and finally, in the role of international experience, this paper discusses background of angel investment in China's development present situation, and how to develop, promote angel investment in Chinese startups economic development and growth.This paper USES the method of qualitative research through the angel investment, the origin, definition of angel investment, then the angel investment in European and American countries, the development situation of European countries and the successful experience of China's development, facing the angel and the situation analysis, finally puts forward how to develop an angel investment advice, among them, this is the key to angel investment in the research of the development of the European and American countries.The first angel investment back with its origin, characteristic analysis of the significance of angel investment, Then through the angel investment risk investment with the comparison and analysis of startups angel investment leads the important contribution,Then angel investment in research and development of national development investment and the angels have characteristics of several countries, thus making comparison of foreign economic development angel investment is the important role, Finally, the foreign investment development based on the experience of angels, angel investment in the development of our country.Angel investment in overseas development has more mature, so the study of its foreign comparative system, but also because of angel investment is a new type of investment, it also determines the understanding of its most countries, or have not fully aware of the existence of angel investment angel investment does not know what it means to economic development.Worldwide, the United States, Britain, Germany, Scotland, Australia, Canada, a few other countries have realized the importance of angel investment and the academic research.But, for the country, also is facing a problem, is an angel investment market is a "invisible" market, to obtain an angel investment trading data is very difficult and this led to conduct academic research process of limitations.Through the research and development of angel investment in developed countries and the economic effects of economy, and its successful experience of our country, and how to develop an angel investment related Suggestions.
Keywords/Search Tags:angel investment, informal sources of capital, SMEs financing
PDF Full Text Request
Related items