Who can explain the difference between "traditional venture capital" and "enterprise venture capital" from which angle?

Venture capital (VC for short) is a conventional concept with specific connotation in China, but it is more appropriate to translate it into venture capital. Venture capital in a broad sense refers to all investments with high risks and high potential returns; In a narrow sense, venture capital refers to the investment in the production and operation of technology-intensive products based on high technology. According to the definition of American National Venture Capital Association, venture capital is a kind of equity capital invested by professional financiers in emerging, rapidly developing enterprises with great competitive potential.

An important obstacle to the development of small and medium-sized enterprises is lack of capital. Therefore, external financing has become an important condition for the development of SMEs. It is a financial act of investing in high-tech industries and an incubator. From the perspective of investment behavior, venture capital is to invest capital in the research and development of high-tech and its products with failure risk. From the perspective of operation mode, it refers to the process that investment intermediaries invest risks in high-tech enterprises with special potential under the management of professionals, and it is also an investment mechanism that coordinates the relationship between venture capitalists, technical experts and investors, enjoys benefits and bears risks. In essence, venture capital is a support system for high-tech industries in the process of capital investment and effective utilization, which accelerates the transformation of high-tech achievements, expands high-tech industries and catalyzes the vigorous development of knowledge economy.