Details

<p>Introduction ix</p> <p><b>Chapter 1. The Influence of the Ecosystem on the Development and Financing of Start-ups </b><b>1</b></p> <p>1.1. Contextual framework: the needs and challenges of start-ups 2</p> <p>1.1.1. The start-up, a 21st-Century initiative 2</p> <p>1.1.2. Financing of start-ups 8</p> <p>1.1.3. Start-ups in different spaces: context of comparison 14</p> <p>1.2. Analysis of the two spaces according to the criteria for successful fundraising: revealing a correlation between the environment and start-up financing 20</p> <p>1.2.1. The political influence of ecosystem development 21</p> <p>1.2.2. The attractiveness of the spaces: training and information 31</p> <p>1.2.3. The digital revolution: the opening of markets and financing methods 36</p> <p>1.3. Research methodology 41</p> <p>1.3.1. Qualitative study conducted through semi-directive interviews 41</p> <p>1.3.2. Analysis and interpretation of the results collected 44</p> <p>1.3.3. Validation of hypotheses: the influence of the ecosystem on the financing of start-ups 51</p> <p>1.4. Conclusion 52</p> <p><b>Chapter 2. Financing Young Innovative Companies in France </b><b>55</b></p> <p>2.1. Introduction 55</p> <p>2.2. Contextual framework: young innovative companies in France 56</p> <p>2.2.1. Characteristics of young innovative companies 56</p> <p>2.2.2. Impact of innovative entrepreneurship on growth 58</p> <p>2.2.3. Financing innovative entrepreneurship 61</p> <p>2.2.4. France’s place in the financing of young innovative companies 70</p> <p>2.3. Empirical study: analysis of entrepreneurial dynamics in France 72</p> <p>2.3.1. Method of analysis 72</p> <p>2.3.2. The strategy of funding assistance institutions 75</p> <p>2.3.3. The strategy of innovation entrepreneurs 79</p> <p>2.4. Reinforcing aid for the financing of young French companies 82</p> <p>2.4.1. Lessons learned from foreign models 83</p> <p>2.4.2. The American model 83</p> <p>2.4.3. The British model 85</p> <p>2.4.4. The case of Singapore 88</p> <p>2.5. Strengthening participatory financing structures 90</p> <p>2.5.1. Characteristics of participatory financing 90</p> <p>2.5.2. Interest of participatory financing 92</p> <p>2.6. Economic recommendations 93</p> <p>2.7. Conclusion 94</p> <p><b>Chapter 3. Equity Crowdfunding of Start-ups in France </b><b>97</b></p> <p>3.1. Introduction 97</p> <p>3.2. Contextual framework: state of play on the financing of start-ups in France 99</p> <p>3.2.1. The evolution of entrepreneurial finance and sources of financing 99</p> <p>3.2.2. Financing practices of start-ups 106</p> <p>3.2.3. The process of raising funds from private investors 112</p> <p>3.3. Equity crowdfunding: a fast-growing financing alternative 120</p> <p>3.3.1. Presentation of participatory financing and equity crowdfunding 120</p> <p>3.3.2. The stakes and limits of equity crowdfunding 127</p> <p>3.3.3. Complementarity of financing methods 132</p> <p>3.4. The entrepreneur at the head of strategic decisions 135</p> <p>3.4.1. Meeting with entrepreneurs: presentation of the study conducted 136</p> <p>3.4.2. The perception of financing by entrepreneurs 139</p> <p>3.4.3. The success of the company as perceived by entrepreneurs 144</p> <p>3.5. Conclusion 146</p> <p>Conclusion 149</p> <p>References 153</p> <p>Index 165 </p>

<p>David Heller is a professor-researcher in finance and head of the Master’s course in Finance at ISC Paris, France.<br /> <br /> Sylvain de Chadirac works in the start-up financing consultation market. He is the managing director of Paris Business Angels.<br /> <br /> Lana Halaoui is preparing to start her own company after completing her Master’s degree at ISC Paris, France.<br /> <br /> Camille Jouvet has undertaken several projects, such as the ISC Business Tour, aimed at boosting the ISC Paris alumni network internationally. </p> <p> </p>

US