高新技术成果的产业化离不开风险投资业的支持 ,而风险投资的退出增值又是风险投资业发展的动力所在。目前 ,我国的风险投资尚处于起步阶段 ,发展也比较缓慢。制约我国风险投资业迅猛发展的因素很多 ,而缺乏有效的退出机制 ,导致大量的风险资金沉淀 ,显然是我国风险投资发展的一个障碍。因此 ,国家应加大对风险投资的政策倾斜力度 ,为风险投资的运作和退出增值创造良好的外部条件 ;在我国 ,还应建立完善的以二板市场 (第二股票市场 )为主的多渠道退出机制 ,利用二板市场、主板市场 (正式股票市场 )、场外交易市场或其他方式 (如兼并收购、清算等 )来实现风险资金的退出增值 ,进而推动我国风险投资业的健康良性发展 The industrialization of high-tech achievements can not be separated from the support of venture capital industry, and the exit value-added of venture capital is the motive force for the development of venture capital industry. At present, China’s venture capital is still in its infancy, and its development is relatively slow. There are many factors restricting the rapid development of venture capital industry in our country. However, the lack of an effective exit mechanism has led to the precipitation of a large amount of venture capital. Obviously, this is an obstacle to the development of venture capital in our country. Therefore, the state should step up its policy on the venture capital investment and create favorable external conditions for the operation of venture capital and value-added of its exit. In our country, we should also establish and perfect the second-board market (the second stock market) Channel exit mechanism, the use of the second board market, the motherboard market (the official stock market), OTC market or other means (such as mergers and acquisitions, liquidation, etc.) to achieve the withdrawal of venture capital value-added, and thus promote the sound and healthy development of China’s venture capital industry