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Économie et fonds d’investissement

Author

Listed:
  • Philippe Tibi
  • François Véron

Abstract

Europe is dramatically lagging behind the USA and China in innovation and this weighs on its economic development. Savings and talent are available though. The transformation of savings into equity and cultural factors are the missing links. More specifically are lacking essential ingredients such as the ability to accept ambition, and institutions and governance adapted to the development of entrepreneurship. This article explores the way to a new economy and the role of venture capital. Classification JEL: G32, O31.

Suggested Citation

  • Philippe Tibi & François Véron, 2016. "Économie et fonds d’investissement," Revue d'économie financière, Association d'économie financière, vol. 0(3), pages 47-60.
    • Handle: RePEc:cai:refaef:ecofi_123_0047
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    More about this item

    JEL classification:

    • G32 - Financial Economics - - Corporate Finance and Governance - - - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives

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