The spatial dynamics of globalizing venture capital in China
AbstractThis paper examines the spatial dynamics and emerging locational hierarchies of the venture capital (VC) industry in China, largely as a result of the global expansion of VC investors from the US and other advanced economies. Based on a comprehensive database compiled by the author from the best available sources, this is the first systemic geographic study on the VC industry in an emerging economy. This study finds that the rising cluster of VC supply and demand in Beijing, Shanghai, and Shenzhen was enabled by the juxtaposition of spatial proximity effects, investment syndication, and interregional office networks within China’s unique institutional environment. It further demonstrates that the spatial dynamics of the globalizing venture capitalism has to be understood in light of the geo-institutional mechanisms shaping the whole ‘VC cycle’ of fundraising – investing – divesting.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Bibliographic InfoArticle provided by Pion Ltd, London in its journal Environment and Planning A.
Volume (Year): 43 (2011)
Issue (Month): 7 (July)
Contact details of provider:
Web page: http://www.pion.co.uk
You can help add them by filling out this form.
reading list or among the top items on IDEAS.Access and download statisticsgeneral information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Neil Hammond).
If references are entirely missing, you can add them using this form.