Syndication Networks and the Spatial Distribution of Venture Capital Investments1

By Olav Sorenson, Toby E. Stuart. American Journal of Sociology, 2001

1,854 citations recorded by the source corpus.

Subfields: Accounting, Management of Technology and Innovation

View Paper: https://www.semanticscholar.org/paper/a2471fa7ae2f26e6b11c49834affe01d3ab20f67

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Citations in the corpus

Firm Exits as a Determinant of New Entry: Is There Evidence of Local Creative Destruction? (2008, neutral): “There is evidence that nascent entrepreneurs' professional networks are geographically localized (Sorenson and Stuart, 2001).”
Network Effects in the Governance of Strategic Alliances (2006, neutral): “, Stuart et al. [1999] or Ahuja [2000]).”
Can You Gig It? An Empirical Examination of the Gig Economy and Entrepreneurial Activity (2018, methodology): “This is a sharp departure from traditional datasets like VentureXpert or Y Combinator (Aggarwal et al. 2012, Greenwood and Gopal 2015, Sorenson and Stuart 2001), where the ability to capture both funded and unfunded entrepreneurs is often lacking.”
The interplay of need and opportunity in venture capital investment syndication (2010, methodology): “In addition, reciprocity in syndication often provides a mechanism for accessing promising deals in the future (Lerner, 1994; Manigart et al., 2006; Sorenson and Stuart, 2001) and thus reduces uncertainty about the quality of future portfolios.”
How Anticipated Employee Mobility Affects Acquisition Likelihood: Evidence from a Natural Experiment (2015, background): “As professional networks tend to be geographically localized (Saxenian, 1994; Sorenson and Stuart, 2001; Stuart and Sorenson, 2003a), a firm’s employees are more likely to be raided by nearby competitors within the state.”
Network triads: transitivity, referral and venture capital decisions in China and Russia (2007, background): “…investment oversight (Lerner 1995), the role of private equity in product development (Hellman and Puri 2000), spatial distribution of investments (Sorenson and Stuart 2001), entrepreneur-venture capitalist interactions in the postinvestment period (Cable and Shane 1997; Sapienza and Korsgaard…”
Signals across multiple networks: : how venture capital and alliance networks affect interorganizational collaboration. (2013, background): “In high-tech industries, being innovative is a critical determinant of a new venture’s quality and future prospects (e.g., DeCarolis & Deeds, 1999; Hagedoorn & Cloodt, 2003; Sorenson & Stuart, 2001; Stuart, 2000).”