De bettignies, Jean-Etienne; Chemla, Gilles - Université Paris-Dauphine (Paris IX) - 2003
rents after rehiring or refinancing the entrepreneurs. Hence, corporate venturing induces the would-be entrepreneur to exert … paribus, the entrepreneur ends up with fewer shares and less control under CVC financing than under traditional VC financing …. Competition from venture capitalists increases corporate venturing activity, the salaries of potential entrepreneurs, and total …