文章从美国创业投资组织的历史发展入手,通过对事业制、公司制、有限合伙制三种创业投资组织形式的比较分析,认为受我国制度供给与市场发育程度的限制,事业制是我国创业投资起步发展时的必然选择,公司制是当前的主要组织形式,而有限合伙制是我国创业投资机构发展到成熟阶段时的目标模式。 This article starts from the historical development of the venture capital organizations in the United States. By comparative analysis of the three types of venture capital organizations, that is, the career system, the company system and the limited partnership system, the author believes that the institutional system is limited by the supply of the system and the degree of market development in our country. The inevitable choice when starting the development, the company system is the current main form of organization, and the limited partnership system is the target model of China’s venture capital institutions to mature stage.