Chapter 29

Venture Capital in the New Economy
B. Guilhon (Université de la Méditerranée) & S. Montchaud (Université de la Méditerranée)

Any appreciation of the role of venture capital in the new economy calls for a definition of this concept and an evaluation of the importance of this type of financing, as well as analysis of both the reasons for its emergence on the scene and the way it works, and, last, a definition of the tools appropriate to facilitate the decision-making process.