Under the background of cultivating and developing new quality productive forces,the exit mechanism of government-guided funds faces many challenges in actual operation,and the existing institutional arrangements,such as"early exit",focus on protecting the interests of government contributors,which may lead to an imbalance of interests between them and social capital investors and general partners.In order to maximize the effect of government-guided funds on social capital,the exit mechanism of government-guided funds should be optimized from the perspective of balancing the interests of multiple parties,taking into account the group interests of social capital investors and general partners,as well as the social public interest of supporting the development of emerging industries.Based on the analysis of the perspective of balance of interests,this paper proposes the optimization path of the exit mechanism of government-guided funds from three aspects:firstly,the concept of government-guided funds around the world should further clarify the conditions for the exit of government-guided funds,and secondly,the mechanism should improve the relevant fault-tolerance mechanism and due diligence and responsibility exemption mechanism,and thirdly,it should actively pilot and smooth the exit channels of government-guided funds.
关键词
政府引导基金/退出机制/新质生产力/利益平衡/优化路径
Key words
government-guided funds/exit mechanism/new quality productive forces/balance of interests/optimization paths
维普
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