Navigating corporate venture capital: the role of industrial policy in China

Lin, Peng 2025. Navigating corporate venture capital: the role of industrial policy in China. Presented at: BDEIM '24, Zhengzhou, China, 13-15 December 2024. BDEIM '24: Proceedings of the 2024 5th International Conference on Big Data Economy and Information Management. New York, NY, USA: ACM, pp. 1019-1025. 10.1145/3724154.3724321

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Abstract

This paper focused on Chinese data from 2006 to 2020 and explored the relationship between different industrial policies and corporate venture capital (CVC). The main result of this work was that only enterprises supported by provincial industrial policies are able to attract CVCs’ investments and demonstrated that the implementation of provincial industrial policies enhances regional entrepreneurial activity that investees located in, thereby affecting CVCs' investments. In addition, this paper further found that this phenomenon of provincial industrial policies’ derivative effects particularly happened in the central and eastern regions of China and the investees when conducting Series A and Series B financing.

Item Type:	Conference or Workshop Item (Paper)
Date Type:	Published Online
Status:	Published
Schools:	Schools > Modern Languages
Publisher:	ACM
ISBN:	9798400711862
Date of First Compliant Deposit:	4 June 2025
Last Modified:	04 Jun 2025 11:00
URI:	https://orca.cardiff.ac.uk/id/eprint/178773

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