Authors: Mondher Cherif, Jean-Louis Pare
Addresses: Centre Euro-Mediterraneen du Management, Universite de Reims et Euromed Marseille, 27 Avenue Gonzalve 94420, Le Plessis-Trevise, France. ' Hec/Escp-Eap/Advancia-Negocia/Esiee, 39 Avenue Trudaine 75009, Paris, France
Abstract: The goal of this article is to analyse the public policies that have been set up in France since 1997, to promote venture capital. After having studied the academic literature on the topic, the authors will present a detailed analysis of all the French fiscal and regulatory tools (fiscal transparency of investment vehicles, tax exemptions for individuals, financial support for creation and innovation, direct public contribution to financing, etc.). The reader will then be able to realise that France now offers a comprehensive system for financing companies at every stage of their development.
Keywords: venture capital; public policy; France; public sector; performance management; fiscal policy; regulation; investment; transparency; tax exemptions; personal taxation; financial support; innovation; incentives.
International Journal of Public Sector Performance Management, 2009 Vol.1 No.3, pp.295 - 311
Available online: 04 Nov 2009 *Full-text access for editors Access for subscribers Purchase this article Comment on this article