CEP 14-12 Venture Capital Networks and Investment Performance in China

@inproceedings{Liu2014CEP1V,
  title={CEP 14-12 Venture Capital Networks and Investment Performance in China},
  author={Zhiyang Liu and Zhiqi Chen},
  year={2014}
}
We investigate the relationship between venture capital (VC) networks and investment performance in China. Distinct features of China’s VC networks are captured in our econometric model through the inclusion of an index of network stability and a dummy variable that indicates a VC firm’s connections with the Chinese state. Our econometric analysis shows… CONTINUE READING