Impacts of Venture Capital on Development of Sichuan High-Tech Enterprises

Abstract

<p> </p><p>The international financial crisis is encouraging new science and technology revolution and industrial revolution. To accelerate the transformation of economic development mode is urgent. We must pursue for an innovative development. Venture capital will play a greater role in the process. In this paper, authors start from describing the current development of venture capital and high-tech enterprises in Sichuan province, and make a model analysis of them. By means of a case study of Chengdu Geeya Technology Co., Ltd, authors conclude that there is a strong correlation between venture capital and high-tech enterprises. Sichuan province should focus on developing venture capital and promoting the development of high-tech enterprises.</p

Research on Venture Capital and Technological Innovation: Based on the ChiNext and Science and Technology Innovation Board

“…In the initial stage and the mature stage, this adjustment effect becomes negative. The moderating effect of venture capital on the technological innovation of enterprises in different periods is very different [19]. The influence of venture capital intervention on the output of the target enterprise's invention patents in different periods shows a trend from positive to negative.…”