Notice of RetractionResearch on the explicit incentive and its mechanism design of venture capital

Notice of Retraction

After careful and considered review of the content of this paper by a duly constituted expert committee, this paper has been found to be in violation of IEEE´s Publication Principles.

We hereby retract the content of this paper. Reasonable effort should be made to remove all past references to this paper.

The presenting author of this paper has the option to appeal this decision by contacting TPII@ieee.org.

The most direct and most important incentive mechanism for the venture capital is the compensation mechanism. Venture capitalists´ remuneration should be linked to business performance, but the extent to which investors´ remunerations is related to operations performance, and the selection to what kind of remuneration incentive model, etc., all need to be further explored and examined. This thesis puts forward an explicit incentive model for the remuneration incentive mechanism, and designs the remuneration mechanism for the venture capital organization specifically from the view of short-term incentive and long-term incentive.