Since the 1980s when the Chinese government introduced venture capital mechanism to play its role in government-guided support of small and medium-sized high-tech enterprises, through two decades of development it has achieved such accomplishments as guiding nongovernmental capital from home and abroad to the venture capital industry, promoting the industrial conversion of technologies, supporting small and medium-sized enterprises (SMEs) for their growth, promoting employment and maintaining economic vigor etc.
A scientiflc & technical enterprise should set up internal technical innovation mechanism, at the same time, financing innovation should be carried out. Based on the analysis of financing channels and financing barrier, the writer puts forward the idea of creation investment mechanism design for supporting scientific & technical enterprise development.
The research on the whole system of mechanism of carving out venture capital in Tianjin, the positioning of government role in mechanism of carving out venture capital, the system of carving out venture capital company and agency, and all kinds of activities related to mechanism of carving out venture capital, can investigate a effective mechanism to promote the high and new technique industry development and construct a favorable condition.
Through long-term exploration and practicing, start an undertaking and invest the mechanism to arise at the historic moment, bear the enormous gap of remedying traditional financing, and hatch the important task of the new high-tech industry.