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Research on capital policy for technological innovation capability in Chinese firms

The author argues that the problem of technological innovation capital in China needs the efforts of entrepreneurs, the government and banks. It is stressed, in the short-term, to optimize the government-business relationship and to establish venture capital in China. In the long-term, the entrepren...

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Bibliographic Details
Main Authors: Lin Xing, Lin Guangli, Qingrui Xu, Chen Jin, Shou Yongyi
Format: Conference Proceeding
Language:English
Subjects:
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Summary:The author argues that the problem of technological innovation capital in China needs the efforts of entrepreneurs, the government and banks. It is stressed, in the short-term, to optimize the government-business relationship and to establish venture capital in China. In the long-term, the entrepreneur is still the essential solution, and it is more effective to have support from the banks.
DOI:10.1109/PICMET.1999.807790