我國(guó)研發(fā)產(chǎn)業(yè)投資基金募集研究.pdf

1、人和托管人等幾種角色，研發(fā)產(chǎn)業(yè)投資基金募集主體包括中央和地方政府、國(guó)有企業(yè)、經(jīng)營(yíng)性金融機(jī)構(gòu)、政策性投資機(jī)構(gòu)、研發(fā)相關(guān)的協(xié)會(huì)、研發(fā)機(jī)構(gòu)、民營(yíng)企業(yè)和個(gè)人，其突出特點(diǎn)是中央政府和地方政府的利益不一致、不同性質(zhì)金融機(jī)構(gòu)的作用不同、國(guó)有企業(yè)比民營(yíng)企業(yè)作用更重要。研發(fā)產(chǎn)業(yè)投資基金的投資對(duì)象包括研發(fā)產(chǎn)業(yè)內(nèi)的企業(yè)、研發(fā)相關(guān)產(chǎn)業(yè)內(nèi)的企業(yè)以及其他盈利性好的行業(yè)內(nèi)的企業(yè)，主要投資對(duì)象具有企業(yè)和研發(fā)機(jī)構(gòu)占主要、實(shí)驗(yàn)發(fā)展是重點(diǎn)、區(qū)域發(fā)展不平衡等特點(diǎn)。研發(fā)產(chǎn)業(yè)投資

2、基金募集過(guò)程中的主要風(fēng)險(xiǎn)有系統(tǒng)風(fēng)險(xiǎn)、政策風(fēng)險(xiǎn)、運(yùn)營(yíng)風(fēng)險(xiǎn)、投資風(fēng)險(xiǎn)和退出風(fēng)險(xiǎn)等。最后，本文提出了研發(fā)產(chǎn)業(yè)投資基金募集的幾點(diǎn)建議，即加強(qiáng)相關(guān)研究、加快研發(fā)產(chǎn)業(yè)發(fā)展、加強(qiáng)對(duì)研發(fā)產(chǎn)業(yè)投資基金的引導(dǎo)、調(diào)動(dòng)參與主體的積極性以及加強(qiáng)研發(fā)產(chǎn)業(yè)投資基金募集風(fēng)險(xiǎn)的防范。關(guān)鍵詞：研發(fā)產(chǎn)業(yè)，產(chǎn)業(yè)投資基金，研發(fā)產(chǎn)業(yè)投資基金，募集l二卜摘要AbstractThisliteraryUSesvariousmethodstostudysomeimportant嬲pect

3、Softhecollectingofourcoutry’SR&Dindustryfundelectlybesidesthecollecting’Sconditionandmeaningthecollectingcorpus，theinvestingobjectandthecollectingrisketcThistexthasanalyzedtheinternationalbackgroundofR&Dindustry’Semergin

4、ganddevelopment，thedevelopmentofR&DindustryandindustryfundinOUrcountryandourgovernment’sfinancialpolicyt&DindustrywhichistheconditiontocollectR&DindustryfundAtthesaliletimetheR&Dindustryfundhasthemeaningtoincreasethesour

5、ceofR&Dfunds，exalttheabilitytobearR&D’sriskincreaseR&D’SparticipationcorpusandpromotethetransformationofeconomyandsocietyetcThecollectingcorpusofindustryfundincluderolesofmanageorganizations，sponsorssupporters，administra

6、torandtrusteeshippersonetcThecollectingcorpusofR&Dindustryincludethecenterandlocalgovernments，statcownedenterprisesmanagementfinancinginstitutions，policyinvestmentorganizations，R&DrelatedassociationsR&Dorganizations，priv

7、ateenterprisesandindividualsItsoutstandingcharacteristicsarethatthebenefitsofthecentralgovernmentandlocalgovernmentareinconformitthatthefunctionofdifferentfmancinginstitutionisdifferentandthatthestateownedbusinessenterpr

8、ise’SfunctionismoreimportantthanprivateenterpriseTheinvestmentobjectofR&DindustryfundincludesenterprisesinR&D，enterprisesintheR&Drelatedindustryandenterprisesinotherindustrieswimgoodean血gsThemaininvestmentobjecthasthecha

9、racteristicsthatenterprisesanddevelopmentorganizationsatethemainthatexperimentanddevelopmentisthepointandthatthedifferentdistrict’SdevelopmentisunbalanceThemainriskintheprocessofR&Dindustryfund’scolleCtingissystematicris

10、kpolicyriskconductingriskinvestriskandwithdrawrisketcAtlastthistextputforwardtosomesuggestionst&Dindustry’Scollectingwhichisstrengtheningtherelatedresearch，speedingtodeveloptheR&Dindustrydevelopment，strengtheningtheguide