The Influence Mechanism of Knowledge Heterogeneity of Venture Capital Syndication on Innovation Performance of Entrepreneurial Firms: Evidence from China

<table class="table-group" id="tab1"><tr><td><table class="table"><tr><td class="thead-hr" colspan="3"><hr/></td></tr><tr class="thead"><td class="align_left">Number of VC investors</td><td class="align_center">Number of entrepreneurial firms</td><td class="align_center">Percentage (%)</td></tr><tr><td class="thead-hr" colspan="3"><hr/></td></tr><tr><td class="align_left">2</td><td class="align_center">254</td><td class="align_center">63.82</td></tr><tr><td class="align_left">3</td><td class="align_center">107</td><td class="align_center">26.88</td></tr><tr><td class="align_left">4</td><td class="align_center">26</td><td class="align_center">6.53</td></tr><tr><td class="align_left">5</td><td class="align_center">10</td><td class="align_center">2.51</td></tr><tr><td class="align_left">6</td><td class="align_center">1</td><td class="align_center">0.26</td></tr><tr><td class="align_left">Total</td><td class="align_center">398</td><td class="align_center">100</td></tr><tr class="table-tr"><td colspan="3"><hr class="tbody-hr"/></td></tr></table></td></tr></table>

<div>Distribution of characteristics of the number of syndications.</div>

Complexity

tab1

Table 1

Table 1: The Influence Mechanism of Knowledge Heterogeneity of Venture Capital Syndication on Innovation Performance of Entrepreneurial Firms: Evidence from China 

Table 1 | The Influence Mechanism of Knowledge Heterogeneity of Venture Capital Syndication on Innovation Performance of Entrepreneurial Firms: Evidence from China 