The rise of venture capital centres in China: A spatial and network analysis
作者： Fenghua Pan , Simon XB Zhao , Dariusz Wójcik , None
DOI: 10.1016/J.GEOFORUM.2016.07.013
关键词:
摘要: Due to the importance of venture capital (VC) firms in spurring regional economic growth, geography VC and investments have attracted a lot attention. However, spatial patterns cross-regional flows rarely been explored, particularly context emerging economies. Drawing on unique dataset related domestic initial public offerings (IPOs), this study combines location analysis with network investigate activities China. The results confirm that Beijing, Shenzhen Shanghai are leading centres country. Although Yangtze Delta Area hosts largest number investments, Beijing considerable advantage over terms firms, VC-backed IPOs. also appear more central than China’s networks, Beijing-Shenzhen representing most important city-dyad investment flows. article explains how dynamics is embedded institutional cultural context, critical understanding evolution industry.
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