Therefore,in order to achieve a healthy and orderly development the Chinese venture capital must innovate a series of systems ranging from the financing system,financing mode to enterprise organization in order to accelerate the transformation of scientific and technological achievements into productive forces and promote the rapid development of hi-tech enterprises from small to large and vitalize the economy as a whole.
The paper, first of all, puts forward the concept that enterprise poineering investment is the combination of venture investment and industry investment. Then, on the basis of the analysis of three organizing forms of the enterprise pioneering investment, the paper points out the significance of limited partnership system to it.
Meanwhile, it also tells the negative influences caused by exclusion of the limited partnership system from the current partnership enterprise law. The paper suggests that the partnership law be amended and the content of limited partnership be included within the law so as to promote the development of the enterprise pioneering investment.
The situation and problems of venture investment in China are analyzed in this paper which pointed out some problems that hinder the process of venture investment, and also, gave some suggestions to promote the development of venture capital.
The modeling of carbon isotope kinetics of natural gas is an issue driving pioneering research in the oil and gas geochemistry in China and internationally.
The pioneering data on base composition and pyrimidine sequences in DNA of pro-and eukaryotes are considered, and their significance for the origin of genosystematics is discussed.
The pioneering research into the development of magnetic techniques for detection of flaws caused by corrosion in pipelines has been conducted at the Institute of Metal Physics of the Ural Division of Russian Academy of Sciences.
Undertaking investment fund is a new kind of investment. It plays a key role in the process of transformation and application of the achievements of scientific research. It provides enough venture capital directly for the transformation of scientific achievements.
We must learn from the effective style of modem“Pioneer Investment Fund”and develop industry investment fund which is direct industry investment actively and sta- ble.
By analysing the present state of our country's high-tech industry investment and problems existing, the article puts forward the idea of establishing investment fund for starting an undertaking and explains the features and functions of the fund as well as its feasibilities, modes and countermeasures when operated in our country in accordance with situations both at home and abroad.