Venture Capital Syndication: Synthesis and future directions
综述了风险投资辛迪加的研究，探讨辛迪加如何、为何及何时影响风投公司及其投资组合企业的绩效，并指出未来研究方向。
This paper reviews and synthesizes the extant literature on venture capital syndication. By considering the questions of how, why and when syndication affects the performance of venture capitalist (VC) firms and their portfolio ventures, a schematic structure of the syndication literature is formed and areas for further research are identified. The results of the review show that, while the venture‐level aspects are relatively well understood, the current literature lacks an understanding of how and why syndication affects the performance of VC firms. This suggests that more attention should be directed towards syndication as a component of the overall strategy of VC firms.