Research On The Problems Of Venture Capital Exit Environmental

As a new financing way, venture capital play a more and more important role in the economic and social development, developed and developing countries are actively create favorable conditions to promote the development of domestic venture capital industry. Venture capital exit as the last link of the operation mechanism of venture investment, the stage of venture capital exit is unobstructed or not, depends largely on the merits of the venture capital exit environment. Therefore, how to according to the development of domestic venture capital industry, optimize the environment of domestic venture capital exit, promote the growth of domestic venture capital industry, is a subject worth studying.This article mainly from four aspects to research the venture capital exit environment, which are the capital market environment, policy environment, social intermediary institution environment and talent environment, then analysis the development present situation and existing problems of domestic current venture capital exit environment, through draw lessons from the successful experience of developed areas, some suggestions are proposed to optimize the environment of domestic venture capital.This paper mainly divided into five parts : the first part includes the research background,research significance,the domestic and foreign literature associated with the venture capital exit environment,the research methods and possible innovations about this paper. The second part mainly introduces the related theory of the venture capital,discusses the four parts of the venture capital exit environment,there are the capital market environment, policy environment, social intermediary institution environment and talent environment. The third part expounds the development present situation and existing problems of the domestic venture capital exit environment,which is the core of this article. The fourth part mainly introduces the successful experience of venture capital exit about the developed areas,lay the basis to optimize the environment of domestic venture capital exit environment. The fifth part is the conclusion of this paper,and according to experience of the venture capital exit from the developed areas,proposed suggestions to optimize the environment of domestic venture capital exit environment, looking forward to provide reference for the development of domestic venture capital industry.