Venture Capital Investment,Government Guidance Funds and Regional Industrial Evolution
In the current international situation,the risk of technological embargoes and industrial"necking"among countries is becoming even serious.Therefore,how to utilize venture capital and government guidance funds to realize regional industrial breakthrough has become a hot research topic.Existing studies have explored the spatial distribution and location choice of venture capital and government guidance funds,and have revealed their respective mechanisms for regional economic development.However,fewer studies have focused on the interaction between venture capital and government guidance funds,and have yet to reveal the internal logic of their interconnection and their joint influence on regional industrial development.From the experience of industrial development in cities such as Guilin and Chongqing,as well as the strategic choices of venture capital firms,it is clear that venture capital is able to provide local firms with local and non-local resources,while government guidance funds play an important role in conditioning the evolution of regional industries.The lack of government power may lead to insufficient supply of local resources,resulting in the loss of potential emerging enterprises in the region,which is not conducive to the formation of regional competitiveness.At the same time,the interactive process of local economic entities represented by venture capital and governmental guidance fund is conducive to the formation of a mutually beneficial situation between governmental and market entities while supporting the development of emerging industries.
NETL
NSTL
万方数据
维普
