Research of Investment Mechanism of Government Funds and Social Capital in High-risk/High-return Projects:Based on Case Analysis of Many Countries
The world's great power in science and technology attach great importance to high-risk/high-return technologies,by giving full play to the leverage effect and guiding role of government funds,guide social capital to invest in high-quality projects or high-tech SMEs with development potential,and promote social capital to play a greater role in scientific and technological innovation.According to the different possibilities of technology application and productization of high-risk/high-return projects,the diversified investment mechanisms of government funds to guide and leverage social capital are different in different countries,mainly including government funding to select and cultivate disruptive technologies,and introduce social capital to follow investment after maturity.Government funds to select disruptive technologies,and implements equity investment to attract joint investment from social capital;and the selection and funding of projects jointly implemented by government funds and social capital.Comparing the advantages,disadvantages and applicability of different capital investment,strategies can provide reference for relevant science and technology management decisions in China.
国家科技期刊平台
NSTL
万方数据
