Monitor report says China's entrepreneurial environment continues to be optimized

Makoja in just a few days, Kai-Fu Lee "resigned Google global vice president" and independent Entrepreneurship to establish "Innovation Workshop" events occupy the important position of the major media. In the new career of Kai-Fu Lee, financial Angel Investment, headhunting, business incubator as one of the model for the investment community optimistic.　　Creators, including Mr Liu, Mr Gou and Mr Yu, have invested 800 million of dollars in the project, and Lee has since changed from a professional manager to an entrepreneur. Kai-Fu Lee Incident refraction of the entrepreneurial phenomenon is not accidental. Instead of employment, entrepreneurship is changing people's traditional thinking with more and more strong posture.　　Recently, the world's leading strategic management consulting firm, the company, through the 22 countries to conduct surveys and interviews with entrepreneurs, released the latest "Road to Prosperity, in 21st century to create a better entrepreneurial environment" report.　　The report notes that overall, China's entrepreneurial environment is indeed getting better, and respondents believe that Chinese entrepreneurs are an important engine of economic growth. "One of the key strategies that they should consider when they are talking about stimulus and aid programs all over the world is how to implement concrete measures to promote local entrepreneurship," said Pedro Arboleda, a partner at Monitor Group, one of the 75% respondents who are interested in entrepreneurship reporting Entrepreneurs believe these policies are important to ensure that new businesses emerge from the current crisis.　　"The survey showed that in many areas, Chinese respondents scored more than the average of other countries, making China the top two research country to score." These areas include the supply of equity capital, skills development, technology acquisition, and attitudes towards income tax, bankruptcy and stock options. In fact, entrepreneurship is becoming popular among Chinese people.　　In the "ideology" of the questionnaire, China ranked second in the United States. According to the report's comprehensive survey of attitudes and beliefs in China, 56% of respondents said China's economy would be driven by entrepreneurship rather than large state-owned enterprises, and that 75% per cent of respondents were interested in starting their own businesses.　　In this regard, monitor analysis, if China's past growth is mainly driven by foreign investment and state-owned enterprises, it may be more by entrepreneurs in the future. The report points out that there should be more affirmation, whether for personal ambition or for "subsistence" or for nurturing the market.　　Because in the modern global economy, the basis of competitiveness is shifting from traditional assets such as land, labor and capital to intellectual assets and human assets. At the same time, in the breakthrough innovation, entrepreneurial enterprises than mature enterprises performance better. Microsoft, for example, saw an opportunity that IBM had not discovered, and Google seized on Microsoft's missed opportunity.　　Entrepreneurship creates innovation, and innovation increases productivity. The biggest problem of start-up financing in fact, China's entrepreneurial boom is growing, financing channels are relatively convenient. According to the latest information provided by the Qing branch, in August 2009, there were 25 Chinese marketVC/PE Investment cases, the chain growth of 19%.　　27 VC/PE investment institutions participated in the investment, the amount of investment disclosed is 229 million U.S. dollars. In August, a total of 8 venture capital/private equity investment (VC/PE) funds could be invested in mainland China, all of which were RMB funds.　　The disclosure target is about $810 million trillion, an increase of 295.1% from July. Even so, monitor still thinks China has a shortage in many aspects of entrepreneurship, first of all, financing is difficult, and the search for capital in the early stages of entrepreneurship remains a problem for many Chinese entrepreneurs. The Chinese government is now establishing seed capital for technical enterprises.　　Then companies need more types of financing channels, such as venture capital or bank loans for small and medium-sized enterprises.　　In addition, China needs more angel investors, not only because they are willing to invest in the initial stages of a business, but also because they often provide professional experience and relationships that are critical to the success or failure of a startup. And as China gradually shifts its economic focus from large state-owned enterprises to more efficient, flexible and competitive production systems, the break-up of large state-owned enterprises becomes even more important.　　China is still deficient in these mechanisms. Monitor that while encouraging entrepreneurship does not have the best standards of universal, policymakers need to understand the specific environmental conditions of an entrepreneur in a region or region and then take a pragmatic, targeted approach to promote it.