欧洲发展天使投资网络的经验与启示

The European Experience of Promoting Business Angel Networks and Its Implications

摘要:

欧洲天使投资网络对服务本国中小企业成长、促进区域创新创业发展、防范由信息不对称所引发的市场失灵等具有重要作用。通过对欧洲天使投资网络进行案例研究，分析其功能特点、内部组织架构、资金来源、经费使用、管理机制等运行情况，结合我国“大众创业万众创新”发展实际，提出我国政府需要在当前天使投资网络建设初期发挥主导作用，在全国范围内构建起“一国-多区-多类”的框架体系。在此基础上，持续提升天使投资网络的服务精细化水平、拓宽服务对象范围、完善内部管理机制，从而进一步引导天使投资向创新创业活动聚焦，推动“双创”纵深发展。

Abstract:

European Business Angel Network plays a critical role in serving SMEs, promoting regional innovation and entrepreneurship, preventing market failures caused by the information asymmetry. By analysing the function of European Business Angel Network, studying its operational situations, considering the mass entrepreneurship and innovation in China at this stage, it is proposed that Chinese government needs to take the lead of constructing business angel networks, building a systematic framework across the whole country and guiding the networks to improve its services.