Relevant Factors Study That On The Government Venture Capital In The Strategic Emerging Industries

With the knowledge-based economy surging in the globe today, the United States,Japan, European Union and other economic entities shifted their attention to theemerging industries after the recent financial crisis, and gave them the unprecedentedpolicy support. The strategic emerging industries, including the industries of the newenergy, new materials, information networks, bio-breeding, new medicine, energysaving and environmental protection, and new energy automobile, will not only becomethe leading industries on behalf of the direction of the national economic andtechnological development in the future, but also be the inevitable choice to propelChina's economic rapid development, and promote a new round of economic prosperity.Still being in the initial stage of development at present, good risk investmentenvironment and the government policies support is the "forcing house" to Promotestrategic emerging industries to grow in strength, and the participation. Its owndevelopment and improvement the government venture capital, one of the large familyof capital markets, can not only spur the development of other venture capital, but alsoplay a guiding role to help the healthy growth of the emerging strategic industries.Following the basic principles that the development of strategic emergingindustries cannot be separated from the government venture capital, this study combinethe relevant theories and the operation and practice of the government venture capital toexplore the issues related to the joint of the strategic emerging industries and thegovernment venture capital, and analyze the problems in the development and operationof our nation's government venture capital. Then, from the quantitative and qualitativeanalysis of the two summarizing the correlative factors impacting the strategic emergingindustries in the government venture capital, and carrying out some weightComputation, the author made some useful thinking about how to properly play theenabling role of the government venture capital, remove the obstacles, and guard againstadverse factors to attract a wider range of capital with various natures, and how toresolve the questions of the financing barriers, regulatory barriers and technical barriers,and so on. Finally, according to previous results of weight Computation, improving andoptimizing the critical Factors of government venture capital. On this basis, from theperspective of speeding up the cultivation and development of the strategic emergingindustries, comb and complete the operating mechanism, risk management system, riskinvestment environment, related laws and regulations, and the policy supporting system.While the strategic emerging industries are spurred to healthily develop, the safety andvalue-adding of the government venture capital should be ensured in a better way, andthe optimization and integration of the market capitalization and strategic emergingindustries also should be achieved, to achieve the ultimate goal of promoting nationaleconomic growth.