风险投资与中小型高科技企业

越来越多的国家认识到中小型高科技企业在国民经济中的重要地位。我国促进中小高科技企业发展的对策是：加强政府在沟通风险融资和中小高科技企业中的作用;扩大中小高科技企业融资渠道;完善风险投资的退出机制。     

当前风险投资发展中的有利因素与存在问题探析

目前在中国发展风险投资,根据社会主义市场经济的特点,堪称潜力十分巨大,有利因素较多。但是由于尚处初级阶段,风险投资体系也不健全,故在投资规模、融资渠道、投资收益、退出渠道、政策法规、投资领域、投资对象以及服务体系等诸多方面,存在问题,务必有针对性地做出决策,以利风险投资业的发展。     

我国创业板市场对高新技术产业的融资促进分析

由于我国高新技术产业因信息不对称、缺乏抵押物品等原因难以得到信用贷款,同时缺少专门向高新技术企业提供贷款的金融机构,导致高新技术产业融资困难,表现在融资渠道单一、风险投资和直接融资比例较低等。创业板市场的特点和设立的目的决定了它的服务对象,即服务于创新型高成长型企业上市,它可以为高新技术企业提供有效的融资渠道,同时也为风险投资退出提供出口,在促进我国高新技术产业的发展上具有非常重要的促进作用。     

风险投资在中国的发展现状与前景

本文概述了我国风险投资发展现状及存在的问题：“官办官营”是中国风险资本运作体制的致命缺陷；融资渠道窄且资金利用率不高；缺乏高素质的风险投资家；风险投资公司的管理水平不高；资本退出渠道门槛较高；风险投资行业区域发展不平衡。分析展望了中国风险投资未来前景：政府发挥作用的方式将发生改变；养老基金和社会保险资金有望进入风险投资...     

对我国风险投资退出渠道的探讨

风险资本退出是风险投资活动的最后一个环节,对风险投资的最终成败有着举足轻重的作用。风险投资的退出机制是否完善有效,退出渠道的选择是否适当,是决定风险投资能否获得成功的关键所在。本文结合成熟市场国家风险资本的退出机制与我国的现状,分析我国当前风险资本的退出渠道。     

农业高新技术企业引入风险投资的作用和方法

风险投资通过权益型投资的方式投资于风险企业,并且参与风险企业的经营管理,帮助受资企业建立规范化的企业管理模式,最终通过股权退出实现投资收益.农业高新技术企业面临着巨大的系统性风险和非系统性风险,在发展初期,企业的融资渠道狭窄并且缺乏企业经营管理经验,在农业高新技术企业发展中引入风险投资能解决所面临的融资和经营管理难题.     

风险投资退出渠道选择与地方产权交易市场改革——基于浙江的实证分析

从国内外风险投资的实践来看,并购和回购是风险投资最常见的退出方式。产权交易市场功能及作用发挥程度对风险资本退出有着重要的影响。由于浙江产权交易市场功能错位,使得风险投资退出渠道更为不畅,进而影响了风险投资健康发展。文章对此做了分析,并对浙江产权交易市场功能的重新定位及交易制度改进提出了建议。     

风险投资的制度经济性本质及其对中国政府的启示

本文从风险投资的制度经济性的角度，通过制度演进历程和动因分析。借鉴国际风险投资制度的宝贵经验，结合我国风险投资业的整体风险与效率现状，分析我国风险投资行业的本质问题，得出我国风险投资运作无效率的问题归根结底在于制度建设的滞后的结论。接着，针对我国政府过度介入风险投资业务、风险投资的市场法规制度体系严重滞后、主要运作模式缺陷以及退出障碍严重等问题，提出政策建议：政府必须在在制度体系上下功夫，在风险投资运作体系中合理定位，加大制度建设的力度，有步骤地完善风险投资市场运行制度规则和加快发展多层次资本市场作为风险投资的有效退出渠道。     

我国风险投资退出机制研究

风险投资业在我国历经二十多年的发展,其举步维艰、成效初显．其根本原因在于风险投资退出方式单一、退出渠道不畅。我国风险投资退出机制中存在的障碍主要障碍是：IPO方式难以实现、法律法规不健全、中介机构和服务体系不完善等。因此．要构建多元化的退出方式、制定相关法律法规、加强培育中介机构、建立专门的评估机构等来完善风险投资退出机制。     

浅析我国风险投资现状及发展对策

本文概述了风险投资在我国的发展现状并对其在发展过程中现存的投资主体单一、资金退出渠道不畅、政府支持不力和投资人才缺乏等几个显著问题进行分析,并提出开辟多渠道的资金来源、发展多元化投资主体、完善风险投资退出机制和大力培养风险投资人才等相应对策。     

Penetration and Post-infection Development of Meloidogyne Incognita on Tobacco as Treated by Rhizobacteria Pseudomonas Fluorescens Strain P-72-10

The bio-control potential of rhizospere bacteria Pseudomonas fluorescens against plant-parasite nematode had been demonstrated. P. fluorescens had shown the effect to enhance tobacco resistance to root-knot nematode Meloidogyne incognita. Inoculation with P. fluoreseens in tobacco could lead to significant reductions in the number of juveniles that penetrated tobacco root and further life stage development of the juveniles. The number of juveniles penetrated into tobac- co root in treatment with P. fluorescens is significantly different from CK at 2DAI, 6DAI, 8DAI and 10DAI. Significant reduction and delayed development of juveniles that penetrated into tobacco root and treated were observed in treatment at 14DAI, 21DAI, 28DAI and 35DAI. In addition, P. fluoreseens treatment leads to a significant reduction in the number of eggs per egg-mass at 35 DAI. The results show P. fluorescens induced a continuously suppression on root-knot nema- tode M. incognita throughout their entire early infection phase of root penetration, subsequent life stage development and reproduction.     

利用膜技术回收利用碱性废水研究进展

回顾了利用膜分离技术处理碱性废水的工艺与综合利用技术所取得的丰硕成果，总结了各种治理方法的特点、适用性及发展方向。     

Taxing Times in Indonesia: The Challenge of Restoring Competitiveness and the Search for Fiscal Space

Indonesia’s economic growth picked up slightly in mid-2016 but remains below the level demanded by government and popular aspirations. Despite a plethora of reforms intended to increase efficiency and productivity, some policies are perverse and longstanding problems of implementation remain. The share of manufacturing has declined, the real exchange rate has appreciated, exports have dwindled, and growth has been trending downwards. The banking sector is stable but inefficient, with wide net interest margins and numerous barriers to competition. Trade protection, particularly in basic food commodities, has created high costs that weigh particularly heavily on the poor. Declining government revenues have placed increasing pressure on the public budget, even as the current administration aims to increase spending on infrastructure and welfare and to enhance productivity. In an effort to increase revenues, the government has announced a tax amnesty program and other measures. In addition, Sri Mulyani Indrawati, the new finance minister, has taken steps to cut non-essential expenditure in order to secure high spending on infrastructure and at the same time keep within the 3% budget deficit limit stipulated by law. Although the overall debt situation is not yet alarming, declining revenues and budget cuts that do not fully reflect this decline are putting pressure on increasing debt levels. The government’s high-profile tax amnesty program was the major policy initiative implemented in the second half of 2016 that aimed to relieve this pressure. Despite widespread criticism of, and scepticism about, the tax amnesty (both within and outside Indonesia), its first phase had a much higher participation rate than most independent accounts expected. Revenues raised so far through the amnesty are less than 60% of the official target, but this is actually a strong result for the short term. The bigger question, however, is whether the amnesty is a key element of a more encompassing strategy to overhaul the system of taxation and tax administration.     

The causes of Japan's ‘lost decade’: The role of household consumption

In this paper, I analyze the causes of the prolonged slowdown of the Japanese economy in the 1990s and find that the stagnation of investment, especially private fixed investment, was the primary culprit. I then investigate the causes of the stagnation of household consumption during the 1990s and find that the stagnation of household disposable income, the decline in household wealth, and increased uncertainty about the future are among the contributing factors. Finally, I consider whether demand side factors or supply side factors were more important as causes of the prolonged slowdown of the Japanese economy in the 1990s and conclude that the former (especially misguided government policies) were probably more important.     

我国发展天文旅游的条件、前景探析及策略思考

天文旅游资源从成因可以分为行星地球天文旅游资源、天体天文旅游资源和天文文化旅游资源三类。天文旅游方兴未艾,我国天文旅游具有很大发展前景。文章对我国开展天文旅游的条件进行了分析,对发展天文旅游的策略和措施进行了梳理。     

城市社会的开放与农民的城市化

城市社会在对农民的开放与封闭之中徘徊。改革开放后城市社会对农民的开放已经使很多农民城市化。城市社会对农民的封闭已由政策性封闭转向经济性封闭。城市社会对农民的封闭增加了农民城市化的成本和社会风险。必须加强城市社会对农民的开放,逐步消除对农民的封闭政策,以推进农民的城市化。     

信息化时代商学院图书馆的建设与发展——中、美四大名校商学院图书馆建设的比较与启示

信息化时代中美商学院图书馆的建设与发展,成为当今时代高等商学教育发展与进步的一个重要环节,对中美四大商学院图书馆的发展状况、差距进行分析比较,对促进我国商学院图书馆事业的改革、建设和发展具有一定的启示作用和参考价值。