Re-Engineering a Venture Capital Market: The Case of China

Author(s):  
Lin Lin
2016 ◽  
Vol 12 (12) ◽  
pp. 152 ◽  
Author(s):  
Thi X. A. Tran ◽  
Thi L. A. Nguyen ◽  
Thi H. L. Nguyen

This research aims to use country–level uncertainty avoidance degree to explain the variation of venture capital investing activities across different Asian countries. The analysis of venture capital activity done for 11 Asian countries in period from 2003 to 2012 shows that country-level uncertainty avoidance degree have a significant negative impact on venture capital activity. Specifically, countries with higher degree of uncertainty avoidance degree, has a less developed venture capital market (a smaller-sized market with smaller venture capital deals).


1997 ◽  
Vol 21 (4) ◽  
pp. 63-81 ◽  
Author(s):  
Richard T. Harrison ◽  
Mark R. Dibben ◽  
Colin M. Mason

Research into the informal venture capital market is characterized by a focus on empirical research into the characteristics of the market and on the development and analysis of the public policy Implications of this empirical research. There has, however, been little systematic application or development of theoretical models and frameworks appropriate to the informal venture capital market. Nor, with a few recent exceptions, has the empirical analysis of the market moved on to examine issues surrounding the process of Informal investment rather than the outcomes of that process. In this paper we seek to rectify both of these deficiencies. First, we develop a framework for the elucidation of the concepts of swift trust and swift cooperation, and in so doing formalize and expand on the generally passing references to trust in the entrepreneurship and venture capital literatures. Second, we derive from this an operationable framework for analyzing trust and cooperation, which we apply to the informal Investment decision-making process. Using verbal protocol analysis of Investor reactions In real time to one particular investment opportunity, we empirically examine the role of trust and cooperation in the investors’ Initial screening of potential investment opportunities, and the investors’ assessment of the intermediary responsible for providing the initial referral of the Investment opportunity.


2003 ◽  
Vol 5 (4) ◽  
pp. 313-335 ◽  
Author(s):  
Stuart Paul ◽  
Geoff Whittam ◽  
Jim B Johnston

Sign in / Sign up

Export Citation Format

Share Document