笔者给公共风险资本的定义是:它是中央及地方各级政府的一种金融支持项目,旨在推动中小企业高新技术的研究开发及产业化,其形式有补贴、贷款、资助或者权益投资。我们认为,公共风险资本至少在以下几方面有别于私人风险资本。首先,资金来源及投资主体不同。公共风险资本是由中央(联邦)政府或地方 The author defines public venture capital as a financial support project of the central and local governments to promote high-tech R & D and industrialization of SMEs in the form of subsidies, loans, subsidies or equity investments. In our opinion, public venture capital is different from private venture capital in at least the following aspects. First of all, the sources of funding and the main investors are different. Public venture capital is provided by the central (federal) government or place