Emerging approaches for financing innovation.

Summary Driven by technological changes, new legal frameworks, a growing demand for financing on the part of innovative companies, and a rise in the maturity of market operators, innovation financing professionals have partly modified their practices and new tools are emerging. This thesis aims to investigate three of these financing methods. The first, Social Impact Bonds, is a method of financing non-entrepreneurial social innovation that appeared in Great Britain in 2010. The second tool analyzed is crowdfunding. An emerging form of crowdfunding for entrepreneurial projects on the internet, it has experienced strong growth over the past decade. The thesis questions the impact of the degree of innovation on the success of campaigns. The third and final tool discussed in the thesis is Multi Corporate Venture Capital (MCVC) funds and their organizational forms.