The Function Mechanism of Social Networks in Venture Financing

LIN Jian

Volume 23 Issue 2

Jul. 2021

Turn off MathJax

Article Contents

Abstract

References

Article Navigation > Journal of University of Science and Technology Beijing ( Social Sciences Edition) > 2007 > 23(2): 33-40

LIN Jian. The Function Mechanism of Social Networks in Venture Financing[J]. Journal of University of Science and Technology Beijing ( Social Sciences Edition), 2007, 23(2): 33-40.

Citation:

LIN Jian. The Function Mechanism of Social Networks in Venture Financing[J]. Journal of University of Science and Technology Beijing ( Social Sciences Edition), 2007, 23(2): 33-40.

LIN Jian. The Function Mechanism of Social Networks in Venture Financing[J]. Journal of University of Science and Technology Beijing ( Social Sciences Edition), 2007, 23(2): 33-40.

Citation:

LIN Jian. The Function Mechanism of Social Networks in Venture Financing[J]. Journal of University of Science and Technology Beijing ( Social Sciences Edition), 2007, 23(2): 33-40.

PDF( 417 KB)

The Function Mechanism of Social Networks in Venture Financing

LIN Jian

School of Economics and Management Shanghat Jiaotong University, Shanghai 200052, China

Received Date: 2007-03-12
Available Online: 2021-07-03

Abstract

Abstract

Information asymmetry and high uncertainty of venture business plan lead to the difficulty in entrepreneure and investors makeing a deal. Economic theory based on contract design can't explain the venture financing phenomenon completely, and the social network theory provides a new method. This research starts from previous studies and proposes three theoretical hypothesizes. The statistical analysis results from 81 cases of 24 Shanghai ventures show that the function mechanism of social networks on the venture financing takes special information as the base, personal trust as the core, and coexistence of selfishness and altruism as the chaeacterization.
- venture financing,
- social network,
- mechanism

FullText(HTML)

References(0)

References

Relative Articles

[1]	SUN Junhua, HUANG Shasha, WEI Li. Exploring the Effect of Entrepreneurial Extracurricular Activities and Entrepreneurial Mindset on Postgraduate Entrepreneurial Intentions[J]. Journal of University of Science and Technology Beijing ( Social Sciences Edition), 2024, 40(1): 33-44. doi: 10.19979/j.cnki.issn10082689.2023020036
[2]	XIE Yaping, YAN Shuling, HUANG Liqing. Entrepreneurial Failure Recovery, Entrepreneurial Motivation and Subsequent Entrepreneurial Behavior[J]. Journal of University of Science and Technology Beijing ( Social Sciences Edition), 2024, 40(1): 45-57. doi: 10.19979/j.cnki.issn10082689.2023020072
[3]	TANG Zhi-wei, HAN Xiao. The Formation Mechanism of the Open Government Data Value Co-destruction: An Explanation from the Process-tracking Method[J]. Journal of University of Science and Technology Beijing ( Social Sciences Edition), 2022, 38(5): 604-612. doi: 10.19979/j.cnki.issn10082689.2022040110
[4]	LANG Shuai. International Cooperationon the Governance of Infectious Diseases: History, Reality and Future[J]. Journal of University of Science and Technology Beijing ( Social Sciences Edition), 2020, 36(5): 98-105.
[5]	FENG Fei-peng, BIAN Zi-quan. Tax Influence on Industrial Development—the Empirical Test of Corporate Income Tax and Corporate Sales Revenue[J]. Journal of University of Science and Technology Beijing ( Social Sciences Edition), 2020, 36(1): 73-86.
[6]	HUANG Mei-jiao, LI Zhong-bing. The Impact of Internet Embedding and Social Initiative on the Social Network of Returning Entrepreneurs[J]. Journal of University of Science and Technology Beijing ( Social Sciences Edition), 2020, 36(1): 57-64.
[7]	MA Fu-yun. Study on the Cooperative Mechanism of Commercial Insurance andSocial Assistance Promoted by Local Government[J]. Journal of University of Science and Technology Beijing ( Social Sciences Edition), 2016, 32(4): 112-118.
[8]	WANG Da-hai, YANG Yong-jiao, YIN Zong-ping. The Formation Mechanism of the Rights Protection via the Body: Based on the Perspective of Social Safety Valve[J]. Journal of University of Science and Technology Beijing ( Social Sciences Edition), 2012, 28(1): 80-83.
[9]	DU Yan-hong, SHI Ming-de, SONG Wen-xian. On Constructing and Implementing the Three-stage Network Mechanism of School-based Training for College Teachers' Skills[J]. Journal of University of Science and Technology Beijing ( Social Sciences Edition), 2012, 28(3): 140-144.
[10]	LIU Ji-hu, GAO Jin, XIE Hui. Study on the Implementation Mechanism of Macro-regulation and Control Law[J]. Journal of University of Science and Technology Beijing ( Social Sciences Edition), 2010, 26(2): 71-76.
[11]	PEI Li-fang, XU Hong-wei. A Critical Review of Definitions and Frameworks of New Venture Creation[J]. Journal of University of Science and Technology Beijing ( Social Sciences Edition), 2010, 26(4): 102-109,126.
[12]	WANG Jian. Moral Hazard and Trust Mechanism in Social Health Insurance[J]. Journal of University of Science and Technology Beijing ( Social Sciences Edition), 2008, 24(2): 6-9,16.
[13]	LIU Ji-tong. Studies on European Human Needs Theory and Social Welfare System[J]. Journal of University of Science and Technology Beijing ( Social Sciences Edition), 2004, 20(3): 1-5.
[14]	SHI Li-rong. A Study of Public Interest and Efficiency of Non-Profitable Organization Operation in the Market[J]. Journal of University of Science and Technology Beijing ( Social Sciences Edition), 2003, 19(4): 1-7.
[15]	HUANG De-hai, WANG Dao-ping. Power: A Motivative Mechanism of Economic and Social Evolution——Some Comments on Galbraith's Power Theory In Economics[J]. Journal of University of Science and Technology Beijing ( Social Sciences Edition), 2002, 18(3): 1-5.
[16]	LI Fu-hua. On the Efficiency of Resource Utilization and the Mechanism of Stimulus and Control in Higher Education[J]. Journal of University of Science and Technology Beijing ( Social Sciences Edition), 2001, 17(4): 82-86.