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Home > News > Cosmetics Industry News > Overseas venture capital enterprises account for 96.6%

Overseas venture capital enterprises account for 96.6%

ECHEMI 2020-02-06

According to the analysis of the report recently, thanks to the government policies and the efforts of the private sector, the number of venture capital enterprises in China is increasing, but compared with the global market, the domestic demand oriented venture capital enterprises are carrying out structured operation. It is worth noting that export risk enterprises with core competitive advantages based on technology have good growth potential in the global market, so they should be actively supported. According to the association of venture enterprises, compared with price (11.0%) and production (17.2%), export venture enterprises take technology and knowledge (55.0%) as their core power to answer the questions. According to statistics, the innovative constitution based on technology is also very good. In particular, the report points out that the grass-roots development of risk enterprises with the power of globalization is limited. According to the results of the analysis, the global market competitiveness and global innovation competitiveness of export risk enterprises account for 3 out of 5 points respectively. However, the global market competitiveness and global innovation competitiveness are only 3 points.

 

Only 32.5% of the global forces have an advantage. This means that there are fewer global activities that contribute positively to the competitiveness of venture enterprises. Therefore, although venture capital enterprises are committed to making up for the open innovation of their own insufficient assets through cooperation with external entities, there are some problems in the process of promotion, such as the lack of systematic promotion ability, in the case of global open innovation with cooperative objects as overseas entities. The results of global open innovation are also at a low level. According to the report, the impact of global technical cooperation results due to product development or the contribution of new partners is also very low. In other words, the government should strive to create an environment that makes it easier for venture enterprises to promote the global open innovation strategy. In addition, according to the sales volume of 34 hospitals in 2018, 13 large enterprises achieved 1.072 billion won, small and medium enterprises reached 1.432 billion won (21), and venture enterprises reached 451 billion won (7). Compared with last year, they increased by 7.5%, 14.9% and 13.5% respectively. In terms of operating profit margin, large enterprises, small and medium-sized enterprises and risk enterprises increased by 11.9%, 4.8% and 9.4% respectively.   

Disclaimer: ECHEMI reserves the right of final explanation and revision for all the information.

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