Characteristics of Venture Capital Network and Its Correlation with Regional Economy: Evidence from China.

ABSTRACT: Financial networks have been extensively studied as examples of real world complex networks. In this paper, we establish and study the network of venture capital (VC) firms in China. We compute and analyze the statistical properties of the network, including parameters such as degrees, mean lengths of the shortest paths, clustering coefficient and robustness. We further study the topology of the network and find that it has small-world behavior. A multiple linear regression model is introduced to study the relation between network parameters and major regional economic indices in China. From the result of regression, we find that, economic aggregate (including the total GDP, investment, consumption and net export), upgrade of industrial structure, employment and remuneration of a region ar

SUBMITTER: Jin Y 

PROVIDER: S-EPMC4560442 | biostudies-literature | 2015

REPOSITORIES: biostudies-literature