ECON6024 Private Equity Reading Assignment 1500 words

Hi Everyone,
For the reading that you have been allocated, pleaseanswer the following two questions:
1. What are the main contributions of the paper?2. What is the intuition of the main results?
Question 1 asks you to explain in your own words whatthe reading is doing, why it is important and how it iscontributing to the literature.
Question 2 asks you to explain in your own words whythe results make sense. What is the logic behind the mainresults?
You need to answer BOTH these questions in the readingyou have been allocated.

"Entrepreneurs' Access to Private Equity in China: The Role of Social Capital", Bat Batjargal and Mannie (Manhong) Liu, Organization Science, Vol. 15, No. 2 (Mar. - Apr., 2004), pp. 159-172