기업형 벤처캐피털의 이해 : CVC의 이론과 전략

석봉인

저자:석봉인
한국산업기술진흥원(KIAT)산업공급망진흥실책임연구원.경영학박사.
EY(한영회계법인)세무회계컨설팅,한국파렛트풀(주)경영전략,서경대·국민대강의,우즈베키스탄회계학교수를거쳐현재KIAT에서산업기술정책지원과첨단산업관련정부사업의기획및관리를담당하고있다.CVC·기술사업화·개방형혁신을연구해국내외학술지(KCI·SSCI)에17편의논문을게재했다.
저서로『회계정보의이해』(공저)가있다.

CHAPTER01기업형벤처캐피털(CVC)의개요·········································6
SECTION01기업형벤처캐피털(CVC)의정의8
SECTION02기업형벤처캐피털(CVC)과전통적벤처캐피털(VC)의차이23
SECTION03혁신생태계에서의CVC역할28
CHAPTER02CVC의역사와발전······················································32
SECTION01CVC의초기사례41
SECTION02국내CVC의시초50
SECTION03일본·미국·중국CVC산업과현황53
CHAPTER03기술혁신(TechnologicalInnovation)과CVC····················68
SECTION01기술과혁신의개념70
SECTION02경쟁우위·경쟁전략과기술혁신78
SECTION03기술전략과R&D전략81
SECTION04기업의기술전략과CVC84
CHAPTER04CVC의전략적목표······················································92
SECTION01전략적투자97
SECTION02재무적투자101
SECTION03모기업사업목표와의연계103
SECTION04모기업의전략적목표와재무적수익의균형106
CHAPTER05CVC투자프로세스·····················································108
SECTION01투자프로세스의이해110
SECTION02CVC의다단계투자과정113
SECTION03CVC투자프로세스의특징117
SECTION04CVC투자프로세스의실무적쟁점126
(1)투자선정(InvestmentSelection)단계의전략적적합성평가126
(2)가치평가및분석(Valuation&Analysis)단계의복합적접근142
(3)투자의사결정속도와모기업승인절차144
(4)피투자기업의우려관리와장기적신뢰구축146
(5)모기업사업부서와의협력체계152
(6)소결155
SECTION05실물옵션(RealOption)과CVC투자157
SECTION06CVC투자방법161
(1)지분투자161
(2)전략적제휴162
(3)인수·합병(M&A)163
(4)조인트벤처(합작투자)164
SECTION07CVC투자방법의종합비교및마무리165
(1)CVC투자방법의종합비교165
(2)마무리166

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