风险投资机构本地偏好影响因素研究——基于中国风险投资业证据被引量：9

Analysis on the Factors Influencing the Venture Capital Firms Local Bias:Empirical Evidence from China's Venture Capital Industry

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摘要基于中国风险投资业情境,从风险投资机构、风险企业、投资轮次和区域特征4方面分析了风险投资机构本地偏好的影响因素。研究发现:风险投资机构声誉、发展阶段、风险投资机构间竞争、风险企业聚集等因素对风险投资机构本地偏好具有显著影响,当风险投资业处于不同发展地区或不同时期时,风险投资机构本地偏好影响因素也具有较大差异。 Considering the influence of geographic proximity to venture capital, based on Chinese venture capital industry, this paper uses 2000--2011 investment data provided by the CVSource and empirical tests the influencing factors of ven- ture capital firms local bias from venture capital, venture enterprise, investment and regional characters. The results show that reputation, stage, venture capital firms competition, enterprises aggregation has a significant impact on venture cap- ital firms local bias. In different regions, in different periods, there is a big difference in influence factors of venture capital firms local bias.

作者王曦党兴华

机构地区西安理工大学经济与管理学院西安电子科技大学经济管理学院

出处《科技进步与对策》 CSSCI 北大核心 2013年第22期6-10,共5页 Science & Technology Progress and Policy

基金国家自然科学基金面上项目(71172201) 教育部博士点基金项目(20106118110012) 高校基本科研业务资助项目(K5051306016)

关键词风险投资风险投资机构本地偏好地理邻近 Venture Capital Venture Capital Firms Local Bias Geographical Proximity

分类号 F830.59 [经济管理—金融学]

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