| 摘要 | 第1-6页 |
| Abstract | 第6-7页 |
| 1. Introduction | 第7-8页 |
| 2. Literature review | 第8-15页 |
| ·Literatures on contracting in venture capital | 第8-12页 |
| ·Literatures on options in venture capital | 第12-15页 |
| 3. Venture capital | 第15-21页 |
| ·The history of venture capital | 第15-16页 |
| ·The implication of venture capital | 第16-17页 |
| ·The structure of venture capital firm | 第17-18页 |
| ·Characteristics of venture capital | 第18-19页 |
| ·The operating of venture capital | 第19-21页 |
| 4. Problems in venture capital and contract design | 第21-31页 |
| ·Problems in venture capital | 第21-23页 |
| ·Contract design in venture capital | 第23-25页 |
| ·Staged investment | 第25-30页 |
| ·Introduction of staged investment | 第25页 |
| ·Agency and monitoring costs that affecting the staged investment | 第25-29页 |
| ·Qualification choosing in staged investment | 第29-30页 |
| ·The use of convertible preferred stock in venture capital investment | 第30-31页 |
| 5. Valuation methods in venture capital | 第31-40页 |
| ·Net present value method | 第31-32页 |
| ·Option method | 第32-40页 |
| ·The meaning and types of option | 第32-33页 |
| ·The theory foundation of option pricing models | 第33-34页 |
| ·Binomial option pricing model | 第34-36页 |
| ·Black-Scholes option pricing model | 第36-37页 |
| ·Real option | 第37-40页 |
| 6. The combined theoretical framework and case study | 第40-50页 |
| ·The combined theoretical framework | 第40-42页 |
| ·An example | 第42-50页 |
| ·Background information | 第42-43页 |
| ·The predicted cash flow of first round project and NPV analysis | 第43页 |
| ·Determining the volatility and establishing the cash flow event tree | 第43-46页 |
| ·The design of the staged investment contract in this case | 第46-50页 |
| 7. Conclusions | 第50-52页 |
| References | 第52-55页 |
| 后记 | 第55-56页 |
