Work

Opportunities or risks? Venture capital investments and regional path creation: Evidence from China

Year: 2024

Type: article

Abstract: Venture capital, as an expectation of investors, has become an important vehicle for regional financialization. From the perspective of evolutionary economic geography, we figure out that venture capital investments in China significantly contribute to regional product expansion. Such a positive effect is not only concentrated in the core cities in the investment network but also benefits the periphery counterparts. However, venture capital investments may not completely break the path lock-in of left-behind regions to enhance their economic resilience. In this sense, the uneven geographic development led by venture capital should raise the awareness of policymakers and planners.

Source: Papers of the Regional Science Association

DOI: 10.1016/j.pirs.2024.100048

Authors: Hantian Sheng, Canfei He, Dejie He, Fang Qi

Institutions: Peking University, Fosun Pharma (China)

Language: English

Topic: Private Equity and Venture Capital

Subfield: Accounting

Field: Business, Management and Accounting

Domain: Social Sciences

SDGs: Industry, innovation and infrastructure, Decent work and economic growth

Open Access status: gold

Estimated APC paid: $2,740