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在风险投资中 ,信用具有克服信息不对称产生的代理风险、降低代理成本、减少不确定性以及聚合物质资本和人力资本、提高风险投资运行效率的功能。良好的信用行为和由此形成的可靠的信用关系是风险投资家与风险企业家委托代理关系产生的基础 ,而完善的信用机制是形成良好信用行为和可靠信用关系的保障 ,由此可见 ,要保证风险投资有效运行 ,必须构建完善的风险投资信用机制。一是在风险投资内部建立完善的信用发生机制 ;二是在全社会范围内建立完善的信用制度 ,主要包括建立可靠的个人信用制度、建立完善的信用评级系统和促进信用制度法制化。
In venture capital, credit has the function of overcoming agency risk caused by asymmetric information, reducing agency costs, reducing uncertainty and pooling physical capital and human capital and improving the efficiency of venture capital operation. Good credit behavior and the resulting credible credit relationship are the basis for the relationship between venture capitalists and venture entrepreneurs. The perfect credit mechanism is the guarantee of good credit behavior and reliable credit relationship. Therefore, To ensure the effective operation of venture capital, we must establish a sound credit risk management mechanism. The first is to establish a sound credit mechanism within the venture capital system. The second is to establish a sound credit system within the whole society, including establishing a credible personal credit system, establishing a sound credit rating system and promoting the credit system legalization.