【听透VOA】经济贸易篇Item 37

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        venture capital investment 风险投资
spur entrepreneurial activity 刺激企业家的创业活动
technological innovation 技术革新
national productivity 国家生产率
        return to normalcy 恢复常态
unprecedented escalation 空前的高涨（增加）
co-author （书的）合著者
       
               
       
        U.S. venture capital investment –the money invested in new enterprises－was 66% lower during the second quarter of 2001 than it was at the same time last year.__________________________. But Dee Powers, co-author of the book “Inside Secrets to Venture Capital”, says the drop is not a drop at all. ___________________________________________.
This is the sixth quarter in a row that U.S. venture capital investments have fallen. The drop has created concerns because venture capital spurs entrepreneurial activity, which in turn spurs technological innovation, which, in turn, increases national productivity.
Rather, she says, it is a return to normalcy after the unprecedented escalation of venture capital investment in late 1999.