From: The productivity of return migrants: the case of China’s “Sea Turtles”
Variable | Domestic | Sea Turtles | Overseas Chinese | Internationals |
---|---|---|---|---|
Experience | 3.6 | 7.2 | 4 | 2.6 |
JointVenture | 22.97% | 35.94% | 31.78% | 9.62% |
Offshore | 18.60% | 56.25% | 66.36% | 90.38% |
Syndicate | 1.3 | 1.4 | 1.4 | 1.7 |
TotalFund | 1 | 2.9 | 1.7 | 4.4 |
ExitRatio | 10.22% | 9.81% | 8.56% | 5.02% |
Tenure1 | 5.8 | 8.4 | 8.9 | 11 |
Roundsize | 3.4 | 5.5 | 5.6 | 5.3 |
Tenure2 | 5.9 | 4.7 | 3.6 | 4.8 |
Development | 49.42% | 47.66% | 47.66% | 36.54% |
Expansion | 29.94% | 21.09% | 14.95% | 23.08% |
LateStage | 4.36% | 3.13% | 1.87% | 3.85% |
DealYear | 2006 | 2006 | 2006 | 2005 |
N | 344 | 384 | 107 | 52 |