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Author:Sorenson, O.
Stuart, T. E.
Title:Syndication networks and the spatial distribution of venture capital investments
Journal:American Journal of Sociology
2001 : MAY, VOL. 106:6, p. 1546-1588
Index terms:Venture capital
Venture capital companies
Capital investment
Networks
Language:eng
Abstract:The article explores how interfirm networks in the U.S. venture capital market affect spatial patterns of exchange. Empirical analyses demonstrate that the social networks in the venture capita community diffuse information across voundaries and therefore expand the spatial radius of exchange. Venture capitalists that build axial positions in the industry's coinvestment network invest more frequently in spatially distant companies.
SCIMA record nr: 229052
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