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风险投资是一种特殊的投融资机制,它能够为知识的创新提供一个平台,这种风险投资对我国科技进步,同时对推动我国产业结构的调整和升级都有着积极的作用,对我国经济的可持续增长有着非常大的帮助。风险投资作为战略价值,它要求相关政府在对风险投资过程中扮演非常重要的角色,在我国发展风险投资需要政府的大力支持,政府要在其中发挥着非常重要的作用,积极引导风险投资并对其进行扶持,通过对相关人才的培养、建立完善的退出机制、拓展资金的渠道来构建我国投资大环境。风险资本市场中,风险投资对于风险企业,是一项稀缺资源,而能产生超额利润的风险企业,对风险投资家来说同样是稀缺的。风险投资决策就是两者相互选择的博弈过程。本文基于博弈论的视角来分析风险投资家与风险企业之间的利益分配约束,并为双方的策略选择提供相应建议。
Venture capital is a special investment and financing mechanism that can provide a platform for knowledge innovation. This venture capital has a positive effect on the scientific and technological progress of our country and at the same time promoting the adjustment and upgrading of the industrial structure of our country. Sustainable growth has a huge help. As a strategic value, venture capital requires the relevant government to play a very important role in the process of venture capital investment. The development of venture capital in our country requires strong government support. The government plays a very important role in it and actively guides venture capital. Its support, through the training of relevant personnel, the establishment of a sound exit mechanism, expand the channels of funds to build our investment environment. In the venture capital market, venture capital is a scarce resource for venture enterprises. Venture enterprises that generate excess profits are also scarce for venture capitalists. Venture investment decision-making is the process of mutual choice between the two games. Based on the game theory perspective, this paper analyzes the constraints of interest distribution between venture capitalists and venture firms, and provides suggestions for their strategic choices.