Given these three concerns, we employ the exponential random graph model (ERGM) developed in network science literature (e.g. Snijders 2002, Robins et al. 2007), which can simultaneously account for ...

Applying the exponential random graph model (Robins et al. 2007) to the investment data of Japanese venture capital (VC) firms, we document the relationship between VC performance and the dynamics of ...