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Venture capital is a kind of stock option capital instead of loan capital. It results from financial innovation and technological innovation.

风险资本是一种股权资本而不是借贷资本，是金融创新和技术创新的成果。

The monopoly of bank capital and industrial capital of a monopoly in one form of financial capital.

垄断的银行资本与垄断的工业资本融合为一，形成了金融资本。

During this period, accelerated the formation of a monopoly of production expansion and capital accumulation, there has been industrial monopoly capital and the banks fusion of monopoly capital.

这个时期，垄断的形成加速了生产扩张和资本积累，出现了工业垄断资本与银行垄断资本的溶合。

As to the reason of capital pay and capital ownership, be capital is rare be short of a gender.

至于资本报酬及资本所有权的原因，则是资本的稀缺性。

Can avoid acting company to take up the capital of ship company will profit for oneself and affect the capital have enough to meet need of ship company already so, also be ship company at the same time the capital henceforth is run reached financing channel to open a new scope of operation.

这样既可避免代理公司占用船公司的资金来为自己谋利而影响船公司的资金周转，同时也为船公司今后的资金运作及融资渠道打开了一片新天地。

That's mainly because we have no sufficient data those methods need. Following Caser B. Mulligan and Xavier Sala-Martin (1995), we develop a new method to estimate the human capital in Chinese cities. The notion of human capital unit is explicitly defined in this paper. Some assumptions about human capital unit an production technology are also made.

在对单位人力资本和技术进行适当假设的基础上，设计了一个可实现的、人力资本估算框架，估算出单位人力资本在中国各城市所能得到的实际工资水平，并在此基础上估算了中国地级以上城市的人力资本，得到了中国各城市1990-2003年的人均人力资本。

That's mainly because we have no sufficient data those methods need. Following Caser B. Mulligan and Xavier Sala-Martin (1995), we develop a new method to estimate the human capital in Chinesecities. The notion of human capital unit is explicitly defined in this paper. Some assumptions about human capital unit an production technology are also made.

在对单位人力资本和技术进行适当假设的基础上，设计了一个可实现的、人力资本估算框架，估算出单位人力资本在中国各城市所能得到的实际工资水平，并在此基础上估算了中国地级以上城市的人力资本，得到了中国各城市1990-2003年的人均人力资本。

All in all, My dissertation mainly focuses on phenomena existing in Chinese venture capital investment market with double principle-agent theory. According to actual conditions, we think that shareholders who are full of wishes to supervise the daily management of the venture capital should be nurtured. Another, the evaluation system with government as cautioner, the incentive and restrictive mechanism implemented and anonymous assess as trait in the beginning of process should be improved uninterrupted. Last but not least, in the choosing of exit ways of the venture capital, the MBO method is one that couldn't be ignored.

并在探究两层委托代理互动关系的基础上，针对我国风险投资市场委托代理中的主体缺位、政策滞后等问题，提出要明确风险投资领域宏观与微观环境建设的政府责任与企业责任：在风险资本市场，要大力宣传和鼓励以民营资本为代表的积极股东的参与；在风险投资项目评估中，应当不断完善以政府担保为主体的、贯彻激励约束机制的、以专家匿名评审为特点的项目评估体系；在风险资本退出模式中，我们强调要更加重视MBO方式对风险投资事业的积极作用。

The main results of the dissertation are as following:(1) The origination and the evolving process of the venture capital industry of our country disclose that the main feature of our venture capital market is: the government is the main supplier of the venture capital regimentation and this transfer is characteristical of forced transfer.

论文所得到的主要结论有以下几个方面：我国风险投资的产生和发展过程表明，我国风险资本市场形成的最主要特点是：政府是风险投资制度的主导供给主体，这一制度变迁带有明显的"强制性制度变迁"的特征。

However, there is no clearcut distinction between the two other than that capital market loans are generally used by businesses, financial institutions and governments to buy capital goods whereas money-market loans generally fill a temporary need for working capital.

资本市场的贷款一般由企业、金融机构和政府用来购买资本货物；而货币市场贷款一般用来补充流动资本的暂时需要。除此以外，两者没有明显的区别。

The shaping method of noncircular part and the tool holder's radial motion characters in noncircular turning process are discussed in detail in the thesis.

论文详细研究了非圆零件的成型方法和加工过程中刀架的径向运动规律。

I have not really liked him,I do not like his this kind of disposition.

我没有真的喜欢他，我不喜欢他的这种性格。