國有創(chuàng)業(yè)投資的項目風(fēng)險管理研究
本文選題:創(chuàng)業(yè)投資 + 國有創(chuàng)業(yè)投資企業(yè); 參考:《天津大學(xué)》2013年碩士論文
【摘要】:風(fēng)險投資起源于美國,自20世紀80年代進入我國并逐漸發(fā)展,對我國經(jīng)濟的增長及高新技術(shù)與產(chǎn)業(yè)的結(jié)合做出了很大的貢獻。但由于風(fēng)險投資自身具有低成功率和高風(fēng)險性的特點,再加上國民對其認知度不高,使得我國國有資本在推動創(chuàng)業(yè)風(fēng)險投資行業(yè)發(fā)展的過程中,必須發(fā)揮且已經(jīng)發(fā)揮了重要的主導(dǎo)和引領(lǐng)作用,國有創(chuàng)業(yè)投資機構(gòu)在此過程中的風(fēng)險問題亦層出不窮。因此對風(fēng)險投資,尤其是國有創(chuàng)業(yè)投資的風(fēng)險管理和控制就顯得更加重要,這也是本文嘗試研究和解決的問題。 本文以國有創(chuàng)業(yè)投資在項目投資過程中所面臨的風(fēng)險和風(fēng)險管理為主要研究對象,從風(fēng)險投資概念,風(fēng)險投資與私募股權(quán)投資的差異性分析、國有創(chuàng)投與非國有創(chuàng)投差異性分析、國有創(chuàng)業(yè)投資機構(gòu)項目分階段投資風(fēng)險因素分析及風(fēng)險管理等角度展開論述,并以作者所在單位力合創(chuàng)投的項目分階段風(fēng)險管理為例,對力合創(chuàng)投的風(fēng)險管理流程及防范措施進行分析,同時對力合創(chuàng)投在早期項目及Pre-IPO項目風(fēng)險管理方面存在的問題進行比較分析,,得出自己的結(jié)論。文章最后對國有創(chuàng)業(yè)投資機構(gòu)的風(fēng)險防范提出了切實有效的預(yù)防措施,使得我國國有創(chuàng)業(yè)投資機構(gòu)在繼續(xù)發(fā)揮其對創(chuàng)業(yè)投資的引領(lǐng)作用的同時,能夠建立更完善的風(fēng)險防范措施,穩(wěn)健運營。 論文運用經(jīng)濟學(xué)相關(guān)原理,采用比較研究法,案例分析法,在定性分析的基礎(chǔ)上,輔以定量分析,同時注重理論與實踐相結(jié)合。 通過對本文的研究,旨在為國有創(chuàng)業(yè)投資構(gòu)建一個切實可行的風(fēng)險管理機制,為國有創(chuàng)業(yè)投資行業(yè)及其風(fēng)險投資行業(yè)的風(fēng)險控制提供一定的參考及借鑒意義。
[Abstract]:Venture capital originated from the United States, entered our country and developed gradually since 1980s, and made great contribution to the economic growth of our country and the combination of high and new technology and industry. However, since venture capital has the characteristics of low success rate and high risk, and because of the low recognition of venture capital, the state-owned capital of our country is promoting the development of venture capital industry in the process of promoting the development of venture capital industry. Must play and has played an important leading and leading role, state-owned venture capital institutions in the process of risk problems also emerge one after another. Therefore, the risk management and control of venture capital, especially state-owned venture capital, is more important, which is also the problem that this paper tries to study and solve. This paper focuses on the risk and risk management faced by state-owned venture capital in the process of project investment, and analyzes the differences between venture capital and private equity investment from the view of the concept of venture capital and the difference between venture capital and private equity investment. The difference analysis between state-owned venture capital and non-state-owned venture capital, the risk factor analysis and risk management of state-owned venture capital institution project are discussed. This paper analyzes the risk management process and preventive measures of Li-he Venture Capital, at the same time makes a comparative analysis of the problems existing in the risk management of early projects and Pre-IPO projects, and draws its own conclusions. Finally, the paper puts forward practical and effective preventive measures to the risk prevention of state-owned venture capital institutions, which makes the state-owned venture capital institutions continue to play its leading role in venture capital at the same time. Be able to establish more perfect risk prevention measures, stable operation. Based on the qualitative analysis, the paper uses the relative principles of economics, the comparative research method and the case analysis method, and pays attention to the combination of theory and practice at the same time. The purpose of this paper is to construct a feasible risk management mechanism for state-owned venture capital, and to provide some reference and reference for the risk control of state-owned venture capital industry and its venture capital industry.
【學(xué)位授予單位】:天津大學(xué)
【學(xué)位級別】:碩士
【學(xué)位授予年份】:2013
【分類號】:F123.7;F279.2;F832.48
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