A Review on Factors Influencing the Location Distribution of Venture Capital

Abstract

Venture capital has played an increasingly important role in China’s innovation, entrepreneurship and economic development. This paper sorts out the relevant domestic and foreign literature in a systematic way from the seven influencing factors of the location distribution of venture capital, and compares the progress and deficiency of venture capital research in China. Based on the review, this paper proposes two research directions that can be further explored in the future: the spatial distribution pattern of venture capital and the location characteristics of venture capital enterprises. The research in this paper can provide useful implications for venture capital research and practice.