Venture capital for China: opportunities and challenges
Abstract
Although many recognize China’s vast market potential, the challenges of doing business in an economy that was largely closed to market forces for a half century must be recognized. This paper examines the role of venture capital in China’s economic development. The potential impact of a healthy venture capital market is immense, but this healthy market is far from the reality in China. The major obstacles that must be addressed include the state control of vital institutions and regulation of economic activity, including restrictions on the flow of capital and currency.
Keywords
Citation
Dauterive, J. and Fok, W. (2004), "Venture capital for China: opportunities and challenges", Managerial Finance, Vol. 30 No. 2, pp. 3-15. https://doi.org/10.1108/03074350410768877
Publisher
:Emerald Group Publishing Limited
Copyright © 2004, Emerald Group Publishing Limited