期刊论文、会议论文

Ning, Yixi

英文

CHINESE MANAGEMENT STUDIES

1750-614X

2019

13

3

574-602

29th Annual Conference of the Asian-Finance-Association (AsianFA)

JUL 06-08, 2017

Seoul, SOUTH KOREA

[Ning, Yixi;Long, Ziwu] Wuhan Polytech Univ, Sch Econ & Management, Wuhan, Hubei, Peoples R China.^[Ning, Yixi] Univ Houston Victoria, Sch Business Adm, Victoria, TX 77901 USA.^[Xu, Gubo] Anhui Open Univ, Coll Econ & Management, Hefei, Anhui, Peoples R China.

Asian Finance Assoc

HOWARD HOUSE, WAGON LANE, BINGLEY BD16 1WA, W YORKSHIRE, ENGLAND

EMERALD GROUP PUBLISHING LTD

10.1108/CMS-07-2017-0193

This paper was submitted to the Asian Finance Association (AsianFA) 2017 Conference in Seoul, Korean through the SSRN (or Social Science Electronic Publishing) online submission system On January 18, 2017. The authors thank the support provided by the “Chutian Scholar” program in the School of Economics and Management at Wuhan Polytechnic University. They also thank the Editor Cherrie Zhu, the Associate Editor Xiaohui Wang and three anonymous referees for their valuable comments.

本校为第一且通讯机构

Purpose: This study aims to examine the venture capital (VC) industry in China. It has demonstrated a history of high growth with significant variations over time. The authors have examined the trends and determinants of VC investments in China over a 20-year period from 1995 to 2014. They find that the aggregate amount of VC investments, the total number of venture deals and the average amount of venture investments per deal in China are all significantly impacted by macroeconomic conditions (i.e. GDP, export, money supply), technology innovat...