Resource title

China's venture capital industry: institutional trajectories and system structure

Resource image

image for OpenScout resource :: China's venture capital industry: institutional trajectories and system structure

Resource description

The current structure of China's venture capital industry is a recent phenomenon emerging from decades of government-led technology policy and a still-transitioning business system. This paper first traces the institutional and policy trajectories that have led to the current complex system in which technology-based new venture firms are being created and financed. It then compares the types of venture capital firms - government, corporate, university and foreign-backed - that have emerged in recent years as the primary agents financing new ventures in China. Case studies of venture capital firms and ventures that have been funded by them are used to identify general trends and important challenges to China's current system for establishing and nurturing new technology-based firms.

Resource author

Resource publisher

Resource publish date

Resource language

en

Resource content type

application/pdf

Resource resource URL

http://flora.insead.edu/fichiersti_wp/inseadwp2002/2002-122.pdf

Resource license

Copyright INSEAD. All rights reserved