Résumés
Résumé
Cet article pose la question des liens singuliers qu’entretiennent l’échec et la légitimité professionnelle. Nous choisissons le capital-risque pour explorer ces liens car les échecs y sont récurrents. La méthodologie est qualitative et prend appui sur une série d’entretiens semi-directifs. Nous montrons que l’échec est avant tout une affaire de perception. La syndication constitue la pratique professionnelle à travers laquelle la légitimité des capital-risqueurs est éprouvée. Nos investigations montrent que la légitimité n’est donc pas nécessairement altérée par l’échec. Tout dépend de la perception de l’échec (naturelle / dysfonctionnelle) et de la responsabilité de l’acteur dans cet échec (engagée / non engagée).
Mots-clés :
- capital-risqueur,
- échec,
- légitimité,
- responsabilité
Abstract
This article raises the question of the links between failure and legitimacy in the professional practice. We choose to focus on the venture capitalists because failures are recurrent in their practice. Our methodology is qualitative (semi structured-interviews with French venture capitalists). We show that failure is a matter of perception. The main professional practice of this profession – syndication – is the place where professional legitimacy is enhanced, maintained or damaged. Our results show that legitimacy is not necessarily affected by failure. It depends on the perception of failure and on the perceived responsibility of the actor in the failure.
Keywords:
- venture capital,
- failure,
- legitimacy,
- responsibility
Resumen
La cuestión planteada en este artículo es sobre el vínculo entre el fracaso y la legitimidad profesional. Para explorar este vínculo, elegimos el medio de capital-riesgo, donde el fracaso es recurrente. La metodología empleada es cualitativa (serie de entrevistas semi-estructuradas). Mostramos que el fracaso es antes que nada una cuestión de percepción. La sindicación constituye la práctica profesional a través de la cual la legitimidad de la entidad de capital-riesgo es probada. Nosotros proponemos una matriz que combina las percepciones del fracaso y de la responsabilidad de la entidad de capital-riesgo que revela diferentes efectos sobre la legitimidad.
Palabras clave:
- entidad de capital-riesgo,
- fracaso,
- legitimidad,
- responsabilidad
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Parties annexes
Notes biographiques
Sandra Charreire Petit est Professeur de Management Stratégique à l’Université Paris Sud. Elle dirige l’Ecole Doctorale de Droit-Economie et Gestion et développe ses recherches au laboratoire RITM. Ses travaux actuels traitent des dynamiques d’apprentissage dans les réseaux d’innovation territorialisés. Elle s’intéresse également à la RSE et plus particulièrement aux outils de gestion de la RSE dans une perspective critique.
Emmanuelle Dubocage est maitre de conférences en sciences de gestion. Elle est membre du laboratoire RITM de l'université Paris Sud. Ses recherches portent sur le financement de l'innovation et plus particulièrement sur le capital-risque.
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10.7202/1020672arParties annexes
Biographical notes
Sandra Charrreire Petit is Professor of Strategic Management at Paris Sud University. She is Head of the Doctoral School in Management, Economy and Law and she develops her research at the RITM Research Center. Her current works focus on learning dynamics in innovation's territorialized networks. She works also on CSR and focuses her interest on CSR’s management tools in a critical perspective.
Emmanuelle Dubocage is assistant profesor in Management. She develops her research at the RITM Research Center. Her current Works focus on innovation financing and more specifically to venture capital.
Parties annexes
Notas biograficas
Sandra Charreire Petit es Profesora de gestión estratégica en la Universidad de Paris Sud. Dirige la Escuela Doctoral de Derecho, Economía y Gestión, y desarrolla sus investigaciones en el laboratorio RITM. Sus trabajos actuales tratan sobre las dinámicas de aprendizaje en las redes de innovación territorializadas. Se focaliza también en la responsabilidad social empresarial (RSE) y particularmente en las herramientas de gestión de la RSE en una perspectiva crítica.
Emmanuelle Dubocage es Profesora de conferencias en ciencias de la gestión. Ella es miembro del laboratorio RITM en la Universidad de Paris Sud. Sus investigaciones tratan sobre el financiamiento de la innovación y más específicamente sobre el capital riesgo.