This is a provisional study ahead of a full paper presented at the annual conference of the Institute for Small Business and Entrepreneurship (ISBE) in Cardiff, Wales, in 2021.

Venture capital (VC) in China has grown significantly since its establishment in the mid-1980s such that the level of VC investing is now second only to the US. Yet there have been few studies of the investment practices of Chinese VC firms, and none have compared these specifically with those in both Europe and the US, which have more mature markets and regulations, according to Arundale’s prior paper, Venture Capital Performance: A Comparative Study of Investment Practices in Europe and…

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