Innovation is the driving force of development, especially under the backdrop of global financial crisis. In China, innovation and startups using innovation have been highlighted as a national strategy, and all levels of government are now promoting and encouraging innovation and startups. However, financing is a problem encountered by almost all the startups for the risk of the operation of a new emerging enterprise and the great uncertainty of the profit and the market. This research will first analyze the financing problems blocking China's new emerging enterprises, and then theories related to financing will be reviewed. Based on this, a model of venture capital alliance will be developed to solve this problem. The main parts of the research will include the advantages of venture capital alliance, the ways using the contract model to solve financing problems. |