企业风险投资的战略管控：一个分类管控矩阵

中图分类号：F272 文献标识码：A doi:10.3969/j.issn.1672-2272.20250507

Strategic Control of Enterprise Venture Capital: A Classification Control Matrix

Ouyang Xiuzi

(Shanghai Industrial Ivestment Holdings Co.Ltd,Shanghai 2Ooo21,China)

Abstract:In the field of venture capital,the amount and number of CVC transactions have kept climb ing.More and more executives have realized the strategic significance and value of CVC for corporate restructuring,innovation and transformation,as well as sustainable development.However,the resulting CVC strategic control problem is a huge challenge.The strategic control of CVC faces many basic problems,such as the multiplicity of business objectives,the dilemma of management under multiple objectives,and the response to dynamic and complex systems.The specific implementation process also frequently involves the proper handling of important issues such as transaction arrangements,resources allocation,incentive constraints,etc.By constructing a classification matrix for CVC strategic control,a relatively unified management view can be provided for enterprises,which is convenient for enterprises to formulate and implement diferentiated control measures in terms of CVC management autonomy and the collaboration with internal business units and departments,and dynamically adjust and optimize according to the implementation of the bilateral strategy between the enterprise and CVC.

Key Words: Corporate Venture Capital； Strategic Management and Control; Enterprise Operation; Sustainable Development of Enterprises；Start-up Companies

0 引言

党的二十届三中全会通过的《中共中央关于进一步全面深化改革推进中国式现代化的决定》明确提出，要健全国有企业推进原始创新制度安排，完善中国特色现代企业制度，弘扬企业家精神，加快建设更多世界一流企业；要加强创新资源统筹和力量组织，强化企业科技创新主体地位，鼓励和规范发展天使投资、风险投资、私募股权投资，更好发挥政府投资基金作用，发展耐心资本。（剩余13756字）