The dynamics of network communities and venture capital performance: Evidence from China

Chaokai Xue, Ping Jiang and Xinghua Dang

Finance Research Letters, 2019, vol. 28, issue C, 6-10

Abstract: This paper examines the impact of the dynamics of network communities on venture capital (VC) investment performance in China. We use Chinese VC market data for the period 2000 to 2015 and find that VCs’ cross-community movements have significant positive impacts on their subsequent performances, such as exit probability via initial public offerings (IPOs) and internal rate of return (IRR).

Keywords: Dynamics of network communities; Cross-community movements; Venture capital (search for similar items in EconPapers)
JEL-codes: D85 G24 (search for similar items in EconPapers)
Date: 2019
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Citations: View citations in EconPapers (6)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:finlet:v:28:y:2019:i:c:p:6-10

DOI: 10.1016/j.frl.2018.03.009

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