在华投资——私募股权和创业资本的机会（英文版）

　　Acknowledgement Ⅰ
　　Preface Ⅲ
　　Introduction Ⅴ
　　Section One Opportunities for Private Equity Investor
　　Chapter 1 Areas for Investment
　　1.1 Market in General 2
　　1.2 IT and Biotech 7
　　1.3 Service Industries 19
　　1.4 Manufacturing Industries 28
　　Chapter 2 Identifying Opportunities
　　2.1 Investment Criteria 41
　　2.2 Market and Project Evaluation 46
　　2.3 Technology, Market and Location 50
　　2.4 Focusing on Private Sector 55
　　Chapter 3 M&A in China
　　3.1 The market and trends 67
　　3.2 Opportunities & obstacles for international investors 70
　　3.3 Process of acquiring a Chinese company 73
　　3.4 Risk concern 79
　　3.5 Key M&A success factors 84
　　Section summary
　　Section Two Venture Capital Industry in China
　　Chapter 4 Introduction to Venture Capital Industry
　　4.1 History 90
　　4.2 Government's role 97
　　4.3 Advantageous conditions 101
　　4.4 Problems with venture capital growth 104
　　4.5 Basic features of venture capital investment 108
　　4.6 Other features of venture capital investment 114
　　4.7 Cases 116
　　Chapter 5 Legal and Social Cultural Environments
　　5.1 Legal environment on foreign direct investment 124
　　5.2 Capital Raising 127
　　5.3 Capital Structure 131
　　5.4 Intellectual Property Rights 133
　　5.5 Tax System 136
　　5.6 Foreign-Invested Venture Capital Enterprise 141
　　5.7 Governmental Authorities for Foreign Investors 145
　　5.8 Trend towards Improving the Legal Framework 148
　　5.9 Chinese Cultural Values on Business 155
　　5.10 Attitudes of Foreign Invested Enterprises on China's Business nvironment
　　Chapter 6 Venture Capital Originations and Venture Capitalists
　　6.1 Domestic Venture Capital 162
　　6.2 Venture Capital Organizations Funded by Governments 169
　　6.3 Domestic Venture Capital Organizations 174
　　6.4 Foreign Venture Capital 181
　　6.5 Intermediaries 186
　　6.6 Domestic Venture Capitalists 195
　　6.7 Sino-Foreign Venture Capital Cooperation 203
　　6.8 Cases 208
　　Chapter 7 Survey and Quantitative Analysis
　　7.1 Hypothesis 215
　　7.2 Questionnaire 224
　　7.3 Figures and Data Analysis 226
　　7.4 Discussion and Implication 241
　　Section Summary 243
　　Appendix Resources Integration Perspective of Venture Capital /Private Equity over
　　Public Equity Market
　　A.1 Introduction 245
　　A.2 Literature Review: Information Asymmetry and Agency Cost in Venture Capital
　　Model
　　A.3 Research Objectives 252
　　A.4 Information as Organizational Resource 253
　　A.5 Human Capital as Committed Resource 259
　　A.6 The Resources Integration Perspective 264
　　A.7 The Productivity of Public Equity Market 266
　　A.8 Discussion and Implication 270
　　References 274
　　About Authors 277

　　本书是本关于中国风险投资产业和私人股权投资的英文书。全书采用定量和定性分析的方法，突出一般介绍和具体实战操作相结合。在简介私人股权投资的基础上，作者主要阐述中国风险投资的相关问题，讨论了在现行中国的法律、政策和商业环境下可行的实务操作。因此，那些对中国大陆了解甚少但却希望进入中国大陆的境外私人股权投资者和风险投资家将会从中有所收益。由于提供了一些兼并的实战操作方法以及投资领域和机遇的大量信息，所以本书有助国内外的投资公司在中国大陆进行股权投资业务。