The location choice of foreign venture capital in China

Yin Guojun, Zeng Kexin

Science Research Management ›› 2013 ›› Issue (3) : 75-83.

PDF(902 KB)
PDF(902 KB)
Science Research Management ›› 2013 ›› Issue (3) : 75-83.

The location choice of foreign venture capital in China

  • Yin Guojun1, Zeng Kexin2
Author information +
History +

Abstract

The Capable Resources Integration (CRI) theory is developed, and a decision model of location choice is established by analyzing the location choice combined with enterprises’ own capable resources and foreign investment motives. Then, the location choice of foreign venture capital in China is analyzed to verify the correctness of the CRI theory. At the last, some innovative conclusions and directional countermeasures are put forward for the location choice of foreign venture capital.

Key words

capable resource / strategic motive / foreign venture capital / location choice

Cite this article

Download Citations
Yin Guojun, Zeng Kexin. The location choice of foreign venture capital in China[J]. Science Research Management. 2013(3): 75-83

References

[1] 中国风险投资研究院. 2011中国风险投资年鉴[M]. 北京:民主与建设出版社,2011:254-255.
[2] Kenney M., Han K., and Tanaka S. Adapting to Strange Environments: Venture Capital in Japan, Korea and Taiwan [C]. Paper presented at the 2002 Annual Meeting of the Academy of International Business. San Juan, Puerto Rico, 2002.
[3] Graham Hall & Ciwen Tu. Venture Capitalists and the Decision to Invest Overseas [J]. Venture Capital, 2003, 5(2):181-190.
[4] Manigart S. Collewaert V. Wright M. Pruthi S. Lockett A. Bruining H. Hommel U. Landstr?m H. Human capital and the internationalization of venture capital firms[J]. International Entrepreneurship and Management Journal. 2007, 3 (1): 109-125.
[5] Baygan G., Freudenberg M. The Internationalization of Venture Capital Activity in OECD Countries: Implications for measurement and policy [R]. STI Working Paper, 2000, (7).
[6] Mike Wright. Venture capital in China: A view from Europe [J]. Asia Pacific Journal of Management, 2007, 24 (3): 269-281.
[7] Aizenman J., Kendall J. The Internationalization of Venture Capital and Private Equity [EB/OL]. National Bureau of Economic Research. http://www.nber.org/papers/w14344, 2008.
[8] 张陆洋. 中国高技术企业创业成长机制及其风险投资金融支持体系的研究 [R]. 上海:复旦大学,2006.
[9] 戴志敏. 国际风险资本运作、退出与多层次资本市场体系[M]. 杭州:浙江大学出版社,2008:35-38.
[10] 曾一军. 跨国创业投资研究[M].北京:中国经济出版社,2007: 67-69.
[11] 张陆洋. 风险投资导论[M]. 复旦大学出版社,2007: 191-219.
[12] 金雪军,戴志敏.跨国风险资本流动与我国的应对策略[M].杭州:浙江大学出版社,2007:23-28.
[13] Barney J. Firm Resources and Sustained Competitive Advantage [J]. Journal of Management, 1991, 17 (1):99-120.
[14] C.K. Prahalad and Gary Hamel. The Core of Competence of the Corporation [J]. Harvard Business Review, 1990, 68 (3): 79-91.
[15] Amit R., Schoemaker, P. J. H. Strategic Assets and Organizational Rent [J]. Strategic Management Journal, 1993, 14(1): 33-46.
[16] 曹洪军,赵翔,黄少坚. 企业自主创新能力评价体系研究[J].中国工业经济, 2009(9):105-114.
[17] 伏润民,常斌,缪小林. 我国地区间公共事业发展成本差异评价研究[J].经济研究, 2010(4):81-92.
[18] 杨伟民. 地区间收入差距变动的实证分析[J].经济研究, 1992(1):70-75.
[19] 庄平,李延喜. 基于G1-变异系数法的企业投资风险评价模型与实证研究[J].软科学, 2011(10):107-120.
[20] Gilson R., Black B. Does Venture Capital Require an Active Stock Market [J]. Journal of Applied Corporate Finance, 1999,11 (4): 36-48.
[21] 张绍峰. 风险投资家人力资本价值与激励约束契约研究 [D].杭州:浙江大学,2006.
[22] Lin N. Social Networks and Status Attainment [J].Annual Review of Sociology, 1999,25 (1): 467-487.
[23] Galaskiewicz J., Zaheer A. Networks of Competitive Advantage in ST Andrews and D Knoke (Eds). Research in the sociology of organization [C]. Greenwich, Connecticut: JAI Press, 1999: 237-261.
[24] 罗珉. 组织间关系理论最新研究视角探析[J].外国经济与管理,2007(1):25-32.
[25] 王元,王伟中,梁桂.中国创业风险投资发展报告[M].北京:经济管理出版社,2009:56.
[26] 周彤辉. 建立我国风险投资体系的探讨 [D]. 厦门:厦门大学,2002.
[27] 王一军,林嵩. 风险投资的风险结构及风险分担机制研究[J]. 经济问题,2009(5):46-49.
[28] 陈剩勇. 政府创新、治理转型与浙江模式[J]. 浙江社会科学,2009(4):35-50.
[29] 尹航. 风险投资项目评价体系构建[M]. 北京:人民出版社,2008:55-128.
[30] 杨青,李珏.创业风险投资全过程评价[M].北京:中国经济出版社,2008:21-130.
[31] 杨军. 中国创业风险投资发展与政府扶持研究 [D]. 南京:南京农业大学,2006.
[32] 胡海峰. 风险投资学[M]. 首都经济贸易大学出版社,2006:1-60.
[33] 樊纲,王小鲁等. 中国市场化指数--各地区市场化相对进程2009年报告[M]. 经济科学出版社,2009:243-288.
PDF(902 KB)

Accesses

Citation

Detail

Sections
Recommended

/