87th Report in 2010: Jiangsu’s Experiences and Lessons in Promoting Commercialization of S&T Results through Integrating of Stakeholders

March 23,2011

xiaoluo

Abstract: In many regions in China, fund shortage is a common problem in commercialization of S&T results. In Jiangsu Province, an effective fund raising system integrating the government, venture capitals, and banks for commercialization of S&T results is established with special fund for the commercialization, mechanism for joining the special fund with venture capital, and another special fund for reducing related risks. Experiences from successful operation of the system are valuable to other places.