“Firm Performance and the Evolution of Cooperative Interfirm Networks: UK Venture Capital Syndication.”
By Matthew Checkley, Christian Steglich, Duncan Angwin, and Richard Endersby, 2014.
Strategic Change 23, 107-118.

How do interfirm cooperative networks evolve? What explains change in the network? What changes explain firms' performance outcomes? What types of firms tend to cooperate more and when does it matter most? This paper addresses these questions in the context of venture capital firms and their syndication activity, over time.

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