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What is the Real Role of Corporate Venture Capital ?

Author

Listed:
  • Jean-Sébastien Lantz
  • Jean-Michel Sahut
  • Frédéric Teulon

Abstract

Technological innovation is not exclusive to great industrial groups. Sometimes, innovative and dynamic companies emerge in high-tech sectors and constitute a serious threat for some industry giants. However, the high reactivity of these small com

Suggested Citation

  • Jean-Sébastien Lantz & Jean-Michel Sahut & Frédéric Teulon, 2014. "What is the Real Role of Corporate Venture Capital ?," Working Papers 2014-252, Department of Research, Ipag Business School.
    • Handle: RePEc:ipg:wpaper:2014-252
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    File URL: https://faculty-research.ipag.edu/wp-content/uploads/recherche/WP/IPAG_WP_2014_252.pdf
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    References listed on IDEAS

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    9. Benson, David & Ziedonis, Rosemarie H., 2010. "Corporate venture capital and the returns to acquiring portfolio companies," Journal of Financial Economics, Elsevier, vol. 98(3), pages 478-499, December.
    10. Kathleen Fuller & Jeffry Netter & Mike Stegemoller, 2002. "What Do Returns to Acquiring Firms Tell Us? Evidence from Firms That Make Many Acquisitions," Journal of Finance, American Finance Association, vol. 57(4), pages 1763-1793, August.
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    14. Vladimir I. Ivanov & Fei Xie, 2010. "Do Corporate Venture Capitalists Add Value to Start‐Up Firms? Evidence from IPOs and Acquisitions of VC‐Backed Companies," Financial Management, Financial Management Association International, vol. 39(1), pages 129-152, March.
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    4. Rudra P. Pradhan & Mak B. Arvin & Mahendhiran Nair & Sara E. Bennett & John H. Hall, 2019. "The information revolution, innovation diffusion and economic growth: an examination of causal links in European countries," Quality & Quantity: International Journal of Methodology, Springer, vol. 53(3), pages 1529-1563, May.
    5. repec:ipg:wpaper:2014-573 is not listed on IDEAS
    6. repec:ipg:wpaper:2014-362 is not listed on IDEAS
    7. repec:ipg:wpaper:2014-532 is not listed on IDEAS
    8. Ikenna Uzuegbunam & Brandon Ofem & Satish Nambisan, 2019. "Do Corporate Investors Affect Entrepreneurs’ IP Portfolio? Entrepreneurial Finance and Intellectual Property in New Firms," Entrepreneurship Theory and Practice, , vol. 43(4), pages 673-696, July.
    9. Sana Elouaer-Mrizak & Donia Trabelsi & Bulat Sanditov, 2017. "The French corporate venture network and business survival : is there any relation ?," Post-Print hal-02373777, HAL.
    10. Garry A. Gabison, 2015. "Venture Capital Principles in the European ICT Ecosystem: How can they help ICT innovation?," JRC Research Reports JRC98783, Joint Research Centre.
    11. repec:ipg:wpaper:2014-517 is not listed on IDEAS
    12. repec:ipg:wpaper:2014-537 is not listed on IDEAS
    13. repec:ipg:wpaper:2014-520 is not listed on IDEAS

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    Keywords

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    JEL classification:

    • G24 - Financial Economics - - Financial Institutions and Services - - - Investment Banking; Venture Capital; Brokerage
    • G32 - Financial Economics - - Corporate Finance and Governance - - - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill

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