Description |
1 online resource (vi, 19 pages) : illustrations |
Series |
CIGI papers ; No. 248 |
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CIGI papers ; no. 248
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Summary |
China's journey from being a technological backwater to a technological superpower was fuelled, in part, by the success of its venture capital (VC) sector in supporting start-ups. Its VC market is now the second largest in the world after that of the United States. As of 2019, China produced more "unicorns" (privately held, rapidly growing, early-stage technology companies valued at US$1 billion or more) than the United States. Policy makers can learn the following lessons from China's growing VC sector: China's use of labour market incentives promote reverse migration of highly educated expatriates; weak intellectual property protection is not necessarily a deterrent to VC funding, especially in developing countries; government finance, when used appropriately, can help direct VC toward promising technology firms; and an emerging market does not need to wait until it becomes financially developed in order to create funding channels to support start-ups and entrepreneurship |
Notes |
"January 2021." |
Bibliography |
Includes bibliographical references (pages 17-19) |
Notes |
Online resource; title from PDF cover page (CIGI, viewed January 24, 2021) |
Subject |
Venture capital -- Government policy -- China
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Entrepreneurship -- Government policy -- China
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Entrepreneurship -- Government policy
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Venture capital -- Government policy
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Alibaba group.
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Business.
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Capital control.
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Capitalism.
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Centre for international governance innovation.
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China.
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Economic growth.
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Economy.
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Economy of china.
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Entrepreneurship.
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China
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Genre/Form |
Electronic books
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Form |
Electronic book
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Author |
Centre for International Governance Innovation, publisher.
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