世界经济论坛：2026年全球风险投资未来洞察报告：释放流动性与增长潜力（英文版）

Over the past 50 years, venture capital (VC) has evolved from a niche financing mechanism into a central pillar of the global innovation economy. A small fraction of companies receive venture funding, yet those firms account for a disproportionate share of technological breakthroughs, economic growth and corporate value creation. In the US, companies that received VC funding and subsequently went public now account for nearly half of the market capitalization and 94% of research and developme