Evolution of China's intercity venture capital network: Preferential attachment vs. path dependence
文献类型：期刊论文
| 作者 | Du, Delin1; Wang, Jiaoe1,2; Li, Jianjun3; Huang, Jie1,2 |
| 刊名 | CITIES
 |
| 出版日期 | 2024-05-01 |
| 卷号 | 148页码:16 |
| 关键词 | Venture capital City network Evolutionary economic geography Spatial distribution Simulation |
| ISSN号 | 0264-2751 |
| DOI | 10.1016/j.cities.2024.104874 |
| 通讯作者 | Wang, Jiaoe(wangje@igsnrr.ac.cn) |
| 英文摘要 | China's venture capital (VC) industry has experienced rapid growth over the past two decades and plays an increasingly important role in economic growth. Although venture capital firms (VCF) have local bias, intercity VC investment has a growing proportion and is gradually forming a nationwide network. Preferential attachment is an important mechanism in the evolutionary process of networks, while path dependence in evolutionary economic geography provides another perspective for the spatial distribution of economic activities. As for intercity VC networks, which is more important: preferential attachment or path dependence? To answer this question, this study designed three scenarios to simulate the evolution of China's intercity VC network and then validated the simulations through the index of quadratic assignment procedure and comparison of spatial distribution. The first and second scenarios included only the single effects of preferential attachment and path dependence, respectively, while the third combined both effects. The results show that both preferential attachment and path dependence significantly affected intercity VC networks. Moreover, the combination of the two mechanisms could better simulate the network structures. Compared with path dependence, preferential attachment has presented better simulation performance since 2008, indicating a more important role in the network evolution. |
| WOS关键词 | INCREASING RETURNS ; LOCK-IN ; INVESTMENT ; GEOGRAPHY ; MODEL ; CITY |
| 资助项目 | National Natural Science Foundation of China[42225106] |
| WOS研究方向 | Urban Studies |
| 语种 | 英语 |
| WOS记录号 | WOS:001187873800001 |
| 出版者 | ELSEVIER SCI LTD |
| 资助机构 | National Natural Science Foundation of China |
| 源URL | [http://ir.igsnrr.ac.cn/handle/311030/204065]  |
| 专题 | 中国科学院地理科学与资源研究所 |
| 通讯作者 | Wang, Jiaoe |
| 作者单位 | 1.Chinese Acad Sci, Key Lab Reg Sustainable Dev Modeling, Inst Geog Sci & Nat Resources Res, Beijing 100101, Peoples R China 2.Univ Chinese Acad Sci, Coll Resources & Environm, Beijing 100049, Peoples R China 3.East China Univ Sci & Technol, Sch Business, Shanghai 200237, Peoples R China |
| 推荐引用方式 GB/T 7714 | Du, Delin,Wang, Jiaoe,Li, Jianjun,et al. Evolution of China's intercity venture capital network: Preferential attachment vs. path dependence[J]. CITIES,2024,148:16. |
| APA | Du, Delin,Wang, Jiaoe,Li, Jianjun,&Huang, Jie.(2024).Evolution of China's intercity venture capital network: Preferential attachment vs. path dependence.CITIES,148,16. |
| MLA | Du, Delin,et al."Evolution of China's intercity venture capital network: Preferential attachment vs. path dependence".CITIES 148(2024):16. |
入库方式： OAI收割
来源：地理科学与资源研究所
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