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Ökonomische Analyse des Corporate-Venture-Capital-Marktes

Ökonomische Analyse des Corporate-Venture-Capital-Marktes

          
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About the Book

Inhaltsangabe: Einleitung: Seit Jahren erlebt der Private-Equity-Markt einen regelrechten Boom. Nicht nur in den USA, wo diese Möglichkeit der Finanzierung für junge und innovative Unternehmen seit Jahrzehnten zum Alltag gehört, sondern auch in Europa, gewinnt dieser Markt immer mehr Bedeutung, wobei immer größere Teile des Finanzierungsvolumens in frühe Finanzierungsphasen fließen. Während in den USA bereits seit vielen Jahren Industrieunternehmen Gelder in Form von Corporate Venture Capital (CVC) in den Private-Equity-Markt investieren, versuchen seit etwa einem Jahrzehnt auch immer mehr deutsche Unternehmen diese Möglichkeit der Beteiligung an jungen, innovativen Unternehmen aus den verschiedensten Gründen zu nutzen. Da das finanzielle Engagement von Industrieunternehmen in den vergangenen Jahren stetig zugenommen hat, stellt sich die Frage, welche Motive diese Firmen dazu bewegen, CVC-Investments zu tätigen und welche organisatorischen Möglichkeiten ihnen hierfür zur Verfügung stehen. Worin liegen die Vorteile einer solchen Finanzierung für den Investor und den Unternehmer und welche Probleme können daraus resultieren? Anschließend werden diese theoretischen Erklärungen anhand empirischer Untersuchungen überprüft. Gang der Untersuchung: Nachdem zunächst die Grundlagen des Private Equity dargestellt werden, erfolgt eine theoretische Erläuterung zum Thema CVC. CVC bietet dabei sowohl den Investoren als auch den jungen Unternehmen eine Möglichkeit, gemeinsam die eigenen Schwächen zu überwinden. Daher verfolgen beide Gruppen hauptsächlich strategische, aber auch finanzielle Ziele. Die auf beiden Seiten auftretenden Probleme können aber zu erheblichen Ineffizienzen führen. Ebenso wird an dieser Stelle überprüft, nach welchen Kriterien junge Unternehmen ausgewählt werden. Danach werden die Möglichkeiten der direkten und indirekten Finanzierung besprochen, indem jeweils die Vor- und Nachteile dieser Finanzierungsformen gegenübergestellt werden. Vor diesem Hintergrun


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Product Details
  • ISBN-13: 9783838627250
  • Publisher: Diplom.de
  • Binding: Paperback
  • Language: German
  • Returnable: N
  • Spine Width: 8 mm
  • Width: 148 mm
  • ISBN-10: 3838627253
  • Publisher Date: 27 Sep 2000
  • Height: 210 mm
  • No of Pages: 140
  • Series Title: German
  • Weight: 190 gr


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Ökonomische Analyse des Corporate-Venture-Capital-Marktes
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