Partner, Industry, Characteristics and Venture Capital Investment Performance

DOI

10.2991/icem-17.2018.149How to use a DOI?

Keywords

Partners; Industry characteristics; Listed companies; Venture capital performance

Abstract

This paper from the perspective of business partners and industry characteristics, researches the 224 companies listed on the board with the background of venture capital of Shenzhen 2009-2016,constructs the performance indicators of venture investment from two aspects, one is output level, another is benefit level. Using empirical test studies the influence on venture capital investment performance in the role of venture partners and industry characteristics. Research shows that: In the economic background of listed companies, venture capital partners effect showed negative influence; Associate degree of partners and the characteristics of the industry will have a significant negative correlation on venture capital investment performance, but in the field of new and high technology industry, the selection of certain characteristics of the industry positively have active influence on the benefit level performance of venture capital investment; The holding time of venture capital project has a significantly positive effects on the output level of venture capital investment performance.

Copyright

© 2018, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Yuxin Ning
AU  - Huanying Wang
PY  - 2018/01
DA  - 2018/01
TI  - Partner, Industry, Characteristics and Venture Capital Investment Performance
BT  - Proceedings of the 2017 7th International Conference on Education and Management (ICEM 2017)
PB  - Atlantis Press
SP  - 730
EP  - 741
SN  - 2352-5428
UR  - https://doi.org/10.2991/icem-17.2018.149
DO  - 10.2991/icem-17.2018.149
ID  - Ning2018/01
ER  -