This paper aims to connect two strands of the venture capital literature: the inter-relationships among venture capitalists (VCs) on the one hand, and between VCs and their funds providers on the other hand. It examines the existence of a relationship between type of fund provider and skill...

De nombreux travaux soutiennent que les CVCs (Corporate Venture Capitalists) financent des investissements ayant une rentabilité moindre que les IVCs (Independent Venture Capitalists). Plusieurs explications sont avancées. La plus fréquente est que les CVCs, assurés d'un refinancement...

In the aftermath of the sovereign debt criss, open-market interventions prevailed within the central bank's policy answers known under the label unconventional monetary policy measures. During interwar period, France was an isolated case, among the leading countries, by everlastingly rejecting...

Since 2000, South American economies have undertaken several regional projects to eliminate socioeconomic inequalities and improve citizens' living standards. This study evaluates the convergence in real GDP per-capita, as a suitable proxy measure, of 10 Unasur members, namely Argentina,...

We analyse the determinants of banks' balance-sheet and leverage-ratio dynamics and their role in increasing financial fragility. Our results are twofold. First, we show that there is a value of bank's leverage that minimises financial fragility. Second, we show that this value depends on the...

Nous abordons la question des conditions d'existence des dispositifs techniques de l'urbain. Ces techniques s'imposent à la vie urbaine et à tous les citadins. Elles sont pensées comme état de nature et allant de soi. Ainsi en est-il de l'alimentation en eau potable et de l'assainissement...

Le CIRED a organisé un colloque le jeudi 20 mars 2014 à l'auditorium du CNRS. Cet événement a été produit dans le cadre du projet de recherche européen R&Dialogue, en association avec le laboratoire PACTE (U. Grenoble-CNRS) et avec le soutien de l'INSHS et de l'INSIS du CNRS. Ce document...

This article analyzes the contribution of high-growth firms (HGFs) to the process of knowledge creation. We articulate a demand-pull innovation framework in which knowledge creation is driven by sales growth, and knowledge stems from creative recombination. Building on the literature on HGFs and...

Le cadre usuel de la réflexion sur la responsabilité de l'entreprise est désormais celui de l'approche par les parties-prenantes. Ce cadre semble pourtant assez mal approprié à la prise en compte de l'environnement tant celui-ci pose des problèmes spécifiques. L'objet de cet article est...

This paper aims to study the contagion effects of the subprime financial crisis on the real economy of the USA. The contagion of this crisis is measured by increased linkages between markets after a shock has taken place (the stock market shocks, the interbank spread). The VAR model is utilized...