The Organizational Form Selecting of Venture Capital Funds and Its Institutional Innovation in China

At present, the debate on the organizational forms of venture capital funds in China is increasingly fierce, and with the development of venture capital industry, its institutional innovations are more worthy of attention. This paper argues that Corporations is a realistic choice of venture capital industry in China, meanwhile, the institutional innovations as well as the possible innovation direction of Corporations in the development of venture capital funds are discussed on the basis of policy environment and governance structures.