摘要：With rapid development of China’s capital market, corporationbetween start-up firms and venture capitalists has entered a booming period.However, from 2001 to 2016, twenty two famous entrepreneurial ventures in Chinahave experienced dramatic conflicts between entrepreneurs and venturecapitalists, and as a result, sixteen firm founders had to leave their ownventures. In the current study, we take an organizational behavior perspectiveto address the question of why entrepreneurs-VC conflicts are inevitable inpractice and how conflicts unfold over time. Case study analysis andsemi-structured interviews are used to provide insights into the topic at hand.And by analyzing twenty two cases and interview results, it is found that threemajor reasons, among many, contribute most to entrepreneur-VC contradiction,and they are conflict between corporate culture and venture professionalization(process conflict), different or even contradictory preference of how toaccomplish tasks (task conflict), and disputes in individual characteristicsand behavior patterns (relationship conflict).
