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Network Triads: Transitivity, Referral and Venture Capital Decisions in China and Russia
This article examines effects of dyadic ties and interpersonal trust on referrals and investment decisions of venture capitalists in the Chinese and Russian contexts. The findings reveal that referee-venture capitalist tie, referee-entrepreneur tie, and interpersonal trust between referee and venture capitalist have positive effects on referrals and investment decisions of venture capitalists.
Link
http://www.bus.umich.edu/KresgeLibrary/Collections/Workingpapers/wdi/wp752.pdf