IDEAS home Printed from https://ideas.repec.org/a/cai/refaef/ecofi_108_0091.html
   My bibliography  Save this article

Le capital-risque : un financement efficace de l'innovation sur le long terme

Author

Listed:
  • Ghizlane Kettani
  • Alain Villemeur

Abstract

Venture capital is a long run investment that aims at fostering radical innovations and at increasing the innovative capacity of firms. The United States are by far the country that is the most innovative and the one that invests the greatest amount in venture capital whereas Europe and France stay behind. The explanations to the underinvestment in venture capital in France rely on the mismatch between demand and supply, the low expertise of venture capitalists and on the weak development of seed capital. We suggest policy measures to foster the development of an efficient venture capital industry that creates innovation. Classification JEL: G24, O31, O51, O52.

Suggested Citation

  • Ghizlane Kettani & Alain Villemeur, 2012. "Le capital-risque : un financement efficace de l'innovation sur le long terme," Revue d'économie financière, Association d'économie financière, vol. 0(4), pages 91-104.
    • Handle: RePEc:cai:refaef:ecofi_108_0091
    as

    Download full text from publisher

    File URL: http://www.cairn.info/load_pdf.php?ID_ARTICLE=ECOFI_108_0091
    Download Restriction: free
    File URL: http://www.cairn.info/revue-d-economie-financiere-2012-4-page-91.htm
    Download Restriction: free
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Malek Hamouda & Imen Mejri & Donia Trabelsi, 2017. "Crowdequity et Crowdlending : deux alternatives de financement des TPE/PME. Le cas de l'entreprise Gifts for change," Post-Print hal-02373759, HAL.

    More about this item

    JEL classification:

    • G24 - Financial Economics - - Financial Institutions and Services - - - Investment Banking; Venture Capital; Brokerage
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • O51 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - U.S.; Canada
    • O52 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Europe

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cai:refaef:ecofi_108_0091. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Jean-Baptiste de Vathaire (email available below). General contact details of provider: https://www.cairn.info/revue-d-economie-financiere.htm .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.