Venture capital market in China: A new approach to innovation management [Mercado de capital de riesgo en China: Un nuevo enfoque para la gestión de la innovación]

The purpose of this work is to conduct an evidence-based analysis of the Chinese venture capital market current state and assess the reality of the scenario like heating the market to a new crunch. As a result, the article proves that the main reason for the avalanche-like acceleration of growth in the Chinese venture capital market was miscalculations in the actions of the Government addressed to pay off the problems in the domestic stock market in 2015. The article proves that, despite signs of overheating, it is still premature to talk about the formation of a "bubble" in the venture capital market. © 2020, Universidad del Zulia. All rights reserved.