Evaluating Performances and Importance of Venture Capitals: A Complex Network Approach

doi:10.1109/TCSI.2021.3061498

CSpace

	Evaluating Performances and Importance of Venture Capitals: A Complex Network Approach
	Liu, Jiaqi 1; Li, Xuerong 2; Lu, Linyuan 3; Dong, Jichang 1; Lu, Jinhu 4,5
	2021-05-01
发表期刊	IEEE TRANSACTIONS ON CIRCUITS AND SYSTEMS I-REGULAR PAPERS
ISSN	1549-8328
卷号	68 期号:5 页码:2060-2068
摘要	Venture capital market is one of the most important financial markets, which plays an important role in promoting industrial innovation and economic development. In this study, the complete data set of all venture capital events occurred in China from 2009 to 2020 was used to construct two kinds of complex networks, whose topological property and dynamic evolution trend of the network are studied. Specifically, we construct the co-investment network among investor, as well as the binary complex network of investor-entrepreneur, and propose the evaluation method of the importance and performance of venture capital institutions. Based on the proposed method, we identify some leading venture capital institutions with high performance and importance. Furthermore, this paper enlightens venture capital practitioners by discovering the investment behavior and preference of these leading institutions.
关键词	Venture capital Investment Complex networks Companies Industries Technological innovation Data models Venture capital co-investment network investment performance investment behavior
DOI	10.1109/TCSI.2021.3061498
收录类别	SCI
语种	英语
资助项目	National Natural Science Foundation of China[61621003] ; National Natural Science Foundation of China[92067204]
WOS研究方向	Engineering
WOS类目	Engineering, Electrical & Electronic
WOS记录号	WOS:000641972300025
出版者	IEEE-INST ELECTRICAL ELECTRONICS ENGINEERS INC
引用统计
文献类型	期刊论文
条目标识符	http://ir.amss.ac.cn/handle/2S8OKBNM/58585
专题	中国科学院数学与系统科学研究院
通讯作者	Lu, Jinhu
作者单位	1.Univ Chinese Acad Sci, Sch Econ & Management, Beijing 100080, Peoples R China 2.Chinese Acad Sci, Acad Math & Syst Sci, Beijing 100191, Peoples R China 3.Univ Elect Sci & Technol China, Inst Fundamental & Frontier Sci, Chengdu 611731, Peoples R China 4.Beihang Univ, State Key Lab Software Dev Environm, Sch Automat Sci & Elect Engn, Beijing 100191, Peoples R China 5.Beihang Univ, Beijing Adv Innovat Ctr Big Data & Brain Comp, Beijing 100191, Peoples R China
推荐引用方式 GB/T 7714	Liu, Jiaqi,Li, Xuerong,Lu, Linyuan,et al. Evaluating Performances and Importance of Venture Capitals: A Complex Network Approach[J]. IEEE TRANSACTIONS ON CIRCUITS AND SYSTEMS I-REGULAR PAPERS,2021,68(5):2060-2068.
APA	Liu, Jiaqi,Li, Xuerong,Lu, Linyuan,Dong, Jichang,&Lu, Jinhu.(2021).Evaluating Performances and Importance of Venture Capitals: A Complex Network Approach.IEEE TRANSACTIONS ON CIRCUITS AND SYSTEMS I-REGULAR PAPERS,68(5),2060-2068.
MLA	Liu, Jiaqi,et al."Evaluating Performances and Importance of Venture Capitals: A Complex Network Approach".IEEE TRANSACTIONS ON CIRCUITS AND SYSTEMS I-REGULAR PAPERS 68.5(2021):2060-2068.