Entrepreneurs' Access to Private Equity in China: The Role of Social Capital

By Bat Batjargal, Mannie (Manhong) Liu. 2002

253 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/27ab4115a195d7e2b37efdb63eb9fb4e472e4096

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Citations in the corpus

Entrepreneurship in China (2018, unknown): “Some studies have sought to understand the ways in which social networks or guanxi influences investment decisions, firms’ survival likelihood, financing source acquisition, business opportunities, and competitive advantage (Batjargal 2007; Batjargal and Liu 2004; Ellis 2011; Park and Luo 2001; Troi”
Guanxi Dynamics and Entrepreneurial Firm Creation and Development in China (2010, background): “Previous studies (e.g., Batjargal, 2007; Batjargal & Liu, 2004; Carlisle & Flynn, 2005; Wu & Leung, 2005) have shown that there is a significant association between entrepreneurs’ guanxi ties and entrepreneurial outcomes in China.”
Venture capital in China: Past, present, and future (2007, background): “Building on these insights, Batjargal and Liu (2005) examined the role of social capital and networking among venture capitalists and their funded firms; their findings indicated that social capital of the 252 D. Ahlstrom et al.”
Attracting tourists to travel companies’ websites: the structural relationship between website brand, personal value, shopping experience, perceived risk and purchase intention (2018, background): “…context of travel and tourism, internet enables consumers to look for destination, search for information and finalize their transactions online (Batjargal & Liu, 2004; Chen & Yuan, 2014; Inversini & Masiero, 2014; Law et al., 2014; Leung et al., 2015; Morosan, 2014; Tsaur, Huang, & Luoh, 2014).”
Competitive position, managerial ties, and profitability of foreign firms in China: an interactive perspective (2009, methodology): “Therefore, similar to Batjargal and Liu (2004) and Peng and Luo (2000), we used perceptual measures of tie utilization that featured two components: a three-item scale for top managers’ ties with managers at other firms (i.e., buyers, suppliers, and competitors) and a threeitem scale for ties with…”
The advantage of experienced start-up founders in venture capital acquisition: evidence from serial entrepreneurs (2007, unknown): “Using data from China, Batjargal and Liu (2004) find that strong ties between entrepreneurs and venture capitalists have significant effects on contractual covenants, investment delivery, and venture valuation.”
Do managerial ties in China always produce value? Competition, uncertainty, and domestic vs. foreign firms (2008, methodology): “Therefore, we follow Batjargal and Liu (2004) and Peng and Luo (2000) and use, in particular , Peng and Luo's perceptual measures of tie utilization: we treat managerial ties as a composite factor that consists of business and political ties.”
From the crowd to the market: The role of reward-based crowdfunding performance in attracting professional investors (2017, background): “Thus, a large network of social relationships may serve as the basis for quality and experience evaluation (Hsu, 2007) and, consequently, a device for social risk reduction (Batjargal and Liu, 2004).”
Dimensions of Social Capital and Firm Competitiveness Improvement: The Mediating Role of Information Sharing (2007, unknown): “More recently, Batjargal and Liu (2004) found that strong guanxi ties between entrepreneurs and venture capitalists have significant direct effects on”
Institutional polycentrism, entrepreneurs' social networks, and new venture growth (2013, background): “Weak economic institutions are especially harmful to young firms because they constrain entrepre-neurs’ access to equity and debt capital (Batjargal & Liu, 2004; Malesky & Taussig, 2009).”
Entrepreneurial Orientation, Managerial Networking, and New Venture Performance in China (2015, background): “ing, new ventures can acquire more resources from financial institutions to meet the resource commitments of EO (Batjargal and Liu 2004; Shane and Cable 2002), which can enhance the relationship between EO and new venture performance.”
Information processing and strategic decision-making in small and medium-sized enterprises: The role of human and social capital in attaining decision effectiveness (2013, background): “As far as strategic decision-making is concerned, the focus has been mainly on high-stake decisions in the early stages of venture formation and initial development (Batjargal and Liu, 2004; Carter et al., 2003; Lee and Jones, 2008; Yli-Renko et al., 2001).”
Network triads: transitivity, referral and venture capital decisions in China and Russia (2007, background): “In the context of private equity, researchers found that Chinese venture capitalists rely heavily on guanxi ties to reduce uncertainties and use universalistic investment criteria in particularistic ways to make investment decisions (Batjargal and Liu 2004; Bruton and Ahlstrom 2003).”
Network-based Research in Entrepreneurship: A Decade in Review (2015, background): “Batjargal and Liu (2004) examine venture capital financing in the Chinese context and find that investors are not swayed to invest on the basis of relationships.”