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J4  2014, Vol. 11 Issue (4): 469-    DOI:
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Circle in Chinese Venture Capital Industry
LUO Jarder,QIN Lang,ZHOU Ling
1. Tsinghua University, Beijing, China; 2.Nankai University, Tianjin, China

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Abstract  

The existing studies put more emphasis on the importance of guanxi in joint ventures, but very few efforts have been spent on the network structural characteristics of those guanxi. Following the existing research, this paper collects the indepth interview data and historical context in the Chinese venture capital field, and tries to explore the structure and the formation mechanism of social network in this area.

Key wordscircle      Chinese venture capital      Guanxi      information asymmetry     
Received: 14 October 2013     
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