4057 
7188联合投资是风险投资机构一种常见的策略选择，能有效地提高机构决策质量、促进初创企业成长。本文以中国1 015家风险投资机构在2000年至2016年间的投资数据为样本，分析了风险投资人的工作流动对风险投资机构间联合投资关系的影响，探讨了地理距离、过往合作关系的调节作用。研究结果表明，风险投资人的工作流动能够促进原任职机构和现任职机构之间联合投资关系的形成；两家机构之间的地理距离越远、过往合作越少，风险投资人个人网络对机构间关系的影响越明显，人员流动对联合投资的促进作用也就越强。本研究加深了对中国情境下风险投资人个人网络、机构间网络互动过程的理解，兼具理论意义和实践价值。
人员流动对风险投资机构联合投资的影响——基于中国风险投资行业的实证研究
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引用本文
沈睿, 余雷, 路江涌. 人员流动对风险投资机构联合投资的影响——基于中国风险投资行业的实证研究[J]. 外国经济与管理, 2019, 41(5): 44-57.
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