創(chuàng)業(yè)創(chuàng)新[文獻(xiàn)翻譯]

《創(chuàng)業(yè)創(chuàng)新[文獻(xiàn)翻譯]》由會(huì)員上傳分享，免費(fèi)在線閱讀，更多相關(guān)內(nèi)容在學(xué)術(shù)論文-天天文庫(kù)。

1、外文文獻(xiàn)翻譯譯文一、外文原文原文：VentureinnovationVenturecapital(VC)isaverypowerfuldriverofquantumanddisruptiveinnovationglobally.Notonlydoesventurecapitalsimplyprovidefundingbutitalsosupportsmanyoftheotherelementsoftheinnovationprocessthatarecrucialtosuccess.Thesemayincludet

2、echnologyduediligence,IPmanagement,competitiveanalysis,businessnetworking,operationalmanagementsupport,governance,financialdisciplineandmarketingwhichisoften,notalways,fullyrecognized.Venturecapitalalsoprovidesapowerfulmarketmechanismfor“fastfailure”innovation

3、sinceaprojectthatdoesnotgetVCfundingwilllikelystruggleforfinancingandthereforelikelyhasahighriskprofile.Overall,modernVCorganizationshavebecomeverysophisticatedatmanagingtechnical,managerialandfinancialrisk,allofwhichisvitallyimportantforasuccessfulinnovationp

4、rocess.Inthisregard,VCcompaniesplayacrucialroleinprovidingrelativelyhigh-riskcapitalwhereotherfinancialinstitutionsdarenotventure.4.1SandHillRoadTheUSleadstheworldinVCfundingandSandHillRoad,MenloPark,intheheartofSiliconValley,isthehometomanybigVCcompanynames.K

5、leinerPerkinsCaufield&Byers(KPCB),forexample,hashadphenomenalpastsuccesshavingbackedcompaniessuchasAmazon,Genentech,GoogleandSunMicrosystemsintheirearlydays.Forseveralyearsduringthedotcomboomofthelate1990s,commercialrealestateonSandHillRoadwasmoreexpensivethan

6、almostanywhereelseintheworld.OthernotableVCcompaniesinthisareaincludeMatrixPartners,SequoiaCapital,TPGCapital,Venrock,KohlbergKravisRobertsandUSVenturePartners.Somesmaller,early-stagebiotechVC’ssuchas5AMVenturesarealsolocatedalongthisfamousSiliconValleyroad.4.

7、2GlobalVentureCapitalistsVentureCapitalisnowbecomingaglobalbusinessandanumberofmajorUScompanieshaveexpandedtheirmarketpresenceandopenedofficesabroad.Forexample,SequoiaCapital,whichhasfundedcompaniessuchas,CiscoSystems,OracleandApple,hasofficesinChina,IndiaandI

8、srael.IDGVentures,anotherglobalVCplayerwithapproximately$3.7billionundermanagement,hasofficesinBoston,SanFrancisco,India,Korea,ChinaandVietnam.KPCBalsohasofficesinBeijingandShangha