From the perspectives of demand and supply of venture capital, Chapter 3 and 4 discuss the factors influencing their fluctuations.

第三章和第四章分别探讨了创投市场上影响创业资本需求和供给的因素。

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Secondly, the thesis analyses the institution supply of folk capital transforming into venture capital.

其次，分析我国民间资本进入风险投资的制度供给障碍。

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Local venture capital firms are crucial, too, provided there is a supply of solo angels to keep them honest.

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