This article reviews the literature on venture capital in China and examines where China’s venture capital industry has been and where it is likely to go in the future. Since the 1980s, venture capital in China has grown steadily alongside the robust national economy. The future is likely to...

Emerging economies lack the regulations,enforcement, and rule of law that venture capitalists are accustomed to inestablished economies. This study explores how venture capitalists use networkrelationships among entrepreneurs, venture capitalists, and enterprises andother informal institutions...