风险投资在小型企业的作用[外文翻译].rar

中文：6090字      10页
英文：23567字     10页

风险投资在小型企业的作用

Marjan Petreski

摘要：对于那些在获取传统资金资源有困难的公司来说，风险投资是取得资金的一个很好的选择。同时。风险投资对于那些早期起步的、没有稳定利润回报的公司来说，这是一股强大的资金注入。首先，由于信息的不对称，前期调查必须深入那些小的、刚起步的的公司进行，也许他会导致事与愿违或道德败坏等问题。早期良好的表现可以吸引更多的投资，而原始资本可以使公司更好的起步。
但是，最重要的结果是更多的投资者向机构投资，事实上随着新鲜资金的流入的同时伴随着资金的增值，同时投资者对公司进行监控，提供专业的技术和最基本的帮助。也为企业赢得更好的声誉。因此，风险投资对小型金融企业的作用是非常巨大的，文章对此进行了深入的研究。

关键字：风险投资 小型企业 企业关系

The Role of Venture Capital in Financing

Small Businesses
Marjan Petreski

Abstract：Venture capital is an important alternative for companies that have difficulties accessing more traditional financing sources and it is a strong financial injection for earlystage companies that do not have evidence for persistent profitability yet. Firstly, deep prescreening process should be performed before investing in small, start-up business because of the information asymmetries, which in turn are the main cause for adverse selection and moral hazard problems. Well performed initial scan ensures good investment. Seed capital provided than enables the firm’s set off.
   But what is more important is the conclusion that there is much more than just capital that flows from the investors to the organizations in which they invest. Indeed, fresh capital inflow is accompanied with the process of value-adding which provides the company with monitoring, skills, expertise, help and, basically, reputation for attracting further finance. Consequently, the role of the venture capital in financing small business is tremendous. The paper sheds light on these issues.
Keywords： Venture Capital, Small Business, Entrepreneurship, Financing