Venture Capital in China and Comparison with the West
The Wests notion of VC has been proven incompatible with Chinas institutional circumstance; inadequate adjustment to local circumstance causes high failure rate of foreign VC corporations, while domestic venture capitalists are still adapting to the rules of the game. This paper aims to describe the nature and features of VC industry in China, compare it with those in western economies, and propose the growth path of VC industry in China.
venture capital western economies china comparison
FANG Hanqing
Marquette University, USA
国际会议
杭州
英文
340-345
2009-10-25(万方平台首次上网日期,不代表论文的发表时间)