3Grossman, S., Hart, O. The costs and benefits of ownership: A theory of ve- rtical and lateral integration [J].Journal of Political Economy, 1986(94).
4Hart,O.,Moore,J. Property rights and the nature of the firm [Jl.Joumal of Political Economy, 1990(98) : 1119-1158.
5Philippe Aghion, Patrick, Bolton. An Incomplete Contracts Approach to Fi- nancial Contracting [J].The Review of Economic Studies, 1992,59(3).
7Kaplan, S.N. and P.StrSmberg. Characteristics, Contracts, and Actions: Evidence from Venture Capitalist Analyses [J].The Journal of Finance, 2004.
8William,A.,Sahlman. The structure and governance of venture-capital or- ganizations [J].Journal of Financial Economics, 1990(27):473-521.
9Gorman, Michael,and William Sahlman. What do venture capitalists do? [J]. Journal of Business Venturing, 1989(4) : 231-248.
10MacMillan,Ian,D. Kulow and R. Khoylian. Venture capitalists' involve- ment in their invest-ments : Extent and performance [J].Journal of Busin- ess Venturing, 1988(4):27-47.
