Benjamin LE PENDEVEN
Assistant Professor
- Business & Society Department
Chair Holder - Finance for Innovation
Research Domains
Innovation and Entrepreneurship
Entrepreneurial FInance
Social FInance / Impact Investing
Venture Capital
Curriculum vitae
Doctorate, Business administration, Entrepreneurship
Conservatoire National des Arts et Métiers (CNAM), France (2018)
Master of Science in Innovation and Technological Management
Université de Paris IX - Dauphine, France (2013)
Master of Science in Finance
IAE Gustave Eiffel, Université Paris XII, France (2012)
Bachelor in Entrepreneurship
Advancia Business School, France (2011)
Academic Experience
Consulting for ADEME - Call for Projects about Social Impact Bonds l'Appel à Manifestation d'Intérêt sur les Contrats à Impact (Social Impact Bonds)
ADEME, France,
2019 - 2020
Chair Holder - Finance for Innovation
Audencia Business School, France,
Since 2018
Researcher
Université de Paris IX - Dauphine, France,
2013
Other professional experience
Co-founder, Managing Director, and CFO
Softcorner,France,
2013 - 2014
Project Manager
LinkMe Up,France,
2013
Investment Manager
Citizen Capital,France,
2011 - 2012
Innovation Manager
Webhelp call-centers,France,
2010 - 2011
Project Manager
CroissancePlus,France,
2008 - 2010
Teaching
Cours externe Entrepreneurial finance
EM Lyon, France, 2021
Cours Externe "Financement de l'innovation"
Conservatoire National des Arts et Métiers (CNAM), France, 2020
Course "Innovation financing"
Mines Paris Tech, France, 2020
Cours externe Entrepreneurial finance
EM Lyon, France, 2020
Cours externe - Financement de l'innovation
Conservatoire National des Arts et Métiers (CNAM), France, 2019
Cours externe - Financement de l'innovation
Mines Paris Tech, France, 2019
Course "Entrepreneurial finance" for engineers
EM Lyon, France, 2019
Course "Innovation financing"
Conservatoire National des Arts et Métiers (CNAM), France, 2018
Course "Innovation financing"
Université de Paris IX - Dauphine, France, 2018
Courses to engineers
EM Lyon, France, 2018
Course "Innovation financing"
Mines Paris Tech, France, 2017
Teaching and research
Supervision - group of students in the Executive Master of Public Affairs at Science Po Paris for the European Investment Bank for a project « Mapping the Impact Investors in Europe »
IEP Paris, France, 2020
Supervision - group of students in the Executive Master of Public Affairs at Science Po Paris
IEP Paris, France, 2019
Course "Innovation financing"
Conservatoire National des Arts et Métiers (CNAM), France, 2017
Publications
2020
FENDT, J., MILOSEVIC, M., LE PENDEVEN, B. (2020) . Follow-on financing through syndication in the VC industry – a signaling perspective of VC human capital and fund characteristics, Venture Capital: An International Journal of Entrepreneurial Finance, 22 (1), 35-69
2019
LE PENDEVEN, B. (2019) . Financements innovants de l’innovation, Finance Contrôle Stratégie, Special Issue n°5
LE PENDEVEN, B. (2019) . Social Impact Bonds: A New Public Management Perspective, Finance Contrôle Stratégie, Special Issue n°5
2015
LE PENDEVEN, B., MARIAGE, G. (2015) . Non-banking : une alternative au financement bancaire pour les entrepreneurs, Entreprendre et Innover, 2 (25), 8-20
2013
LE PENDEVEN, B., FOURNY, T. (2013) . Au-delà de la diversité, l’atypisme - enquête sur les managers atypiques, Humanisme et Entreprise, 5 (315), 77-107
LE PENDEVEN, B. (2013) . Capital-investissement et entrepreneurs de la diversité : retour sur le cas Citizen Capital, Entreprendre et Innover, 1 (20), 39-49
LE PENDEVEN, B. (2013) . Capital-investissement et entreprises de service : questionnements et déterminants des levées de fonds, Revue du Financier, 35 (202), 41-60
LE PENDEVEN, B. (2013) . Le capital-investissement à vocation sociale existe-il en France ?, Entreprendre et Innover, 1 (17), 44-56
BUFFA, V., LE PENDEVEN, B. (2020). What do we know about the Social Impact Bonds: A Systematic literature Review. EURAM Conference.
BERRE, M., LE PENDEVEN, B. (2020). A systematic review of the literature on start-up valuation drivers. EURAM Conference.
LE PENDEVEN, B., BARDON, T., MANIGART, S. (2020). Explaining the craze for crowdfunding as an academic research topic. British Journal of Management Colloquium – Special Issue PDW in honor of Mike Wright.
LE PENDEVEN, B., BARDON, T., MANIGART, S. (2019). Academic Fashion and Crowdfunding: How to Explain the Craze for Crowdfunding as a Research Topic. 4th ENTFIN Conference.
LE PENDEVEN, B., BERRE, M., WIRTZ, P. (2019). A targeted review of literature on start-up valuation driving factors. EU-SPRI Early Career Researcher Conference.
LE PENDEVEN, B., & SCHWIENBACHER, A. (2018). Equity Crowdfunding & Innovation., Workshop A Multidisciplinary Perspective into Entrepreneurship: Research at the Cross Borders of Finance, Psychology and Entrepreneurship.
LE PENDEVEN, B. (2018). From Corporate Venture Capital to Multi Corporate Venture Capital: An Exploratory Study., 3rd ENTFIN Conference.
LE PENDEVEN, B., & SCHWIENBACHER, A. (2018). Equity Crowdfunding & Innovation., 2nd Emerging Trends in Entrepreneurial Finance Conference.
LE PENDEVEN, B., & SCHWIENBACHER, A. (2018). Equity Crowdfunding & Innovation., 3rd Abbé Grégoire Innovation Days.
LE PENDEVEN, B., & SCHWIENBACHER, A. (2018). Equity Crowdfunding & Innovation., Workshop A Multidisciplinary Perspective into Entrepreneurship: Research at the Cross Borders of Finance, Psychology and Entrepreneurship.
LE PENDEVEN, B. (2018). Social Impact Bonds: A New Public Management Perspective., CR3+ Conference, Audencia Business School, Nantes, France.
LE PENDEVEN, B. (2017). From Corporate Venture Capital to Multi Corporate Venture Capital., GT « Innovation » de l’AIMS.
LE PENDEVEN, B., & MAGNIER, C. (2017). Les sorties du capital-innovation en France.
LE PENDEVEN, B., NICO, Y., & GACHET, B. (2015). Social Impact Bonds, un nouvel outil pour le financement de l’innovation sociale, Etude Institut de l'Entreprise.
LE PENDEVEN, B., & ABDESSLAM, M. (2015). Les nouveaux modes de financement des PME, study for Fondation pour l’Innovation Politique.
Articles
LE PENDEVEN, B. (2020). Crise : vers un paysage contrasté des valorisations de start-up. Les Echos, https://business.lesechos.fr/entrepreneurs/financer-sa-creation/0603437986489-crise-vers-un-paysage-contraste-des-valorisations-de-start-up-338668.php.
LE PENDEVEN, B. (2020). Why COVID-19 is not all bad news for start-up valuations. Growth Business, https://www.growthbusiness.co.uk/why-covid-19-is-not-all-bad-news-for-start-up-valuations-2557683/.
LE PENDEVEN, B., BUFFA, V. (2019). Entre espoir et prudence : revue de littérature sur les contrats à impact social. Fonds B. Papers, https://www.fondsb.org/fr/publications/3-article-1-entre-espoir-et-prudence-revue-de-litterature-sur-les-contrats-a-impact-social.
BUFFA, V., LE PENDEVEN, B. (2019). Le rôle des capitaux privés dans les mécanismes de paiement au résultat. Fonds B. Papers, https://www.fondsb.org/fr/publications/4-article-2-le-role-des-capitaux-prives-dans-les-mecanismes-de-paiement-au-resultat.
BUFFA, V., LE PENDEVEN, B. (2019). Contrats à Impact Social : succès ou feu de paille ?. Fonds B. Papers, https://www.fondsb.org/fr/publications/5-article-3-contrats-a-impact-social-succes-ou-feu-de-paille-a.
BUFFA, V., LE PENDEVEN, B. (2019). Development Impact Bonds - L’application du paiement au résultat dans le domaine du développement et de l’aide humanitaire. Fonds B. Papers, https://www.fondsb.org/fr/publications/6-article-4-development-impact-bonds-lapplication-du-paiement-au-resultat-dans-le-domaine-du-developpement-et-de-laide-humanitaire.
Professional Conferences
LE PENDEVEN, B. (2019). Contrats à impact social #2 – DIB et SIB étrangers, quelles conclusions pour la France ?.
LE PENDEVEN, B. (2019). Labo Fintech & Financement - La Fintech au service des entreprises de l’Ouest. NAPF.
LE PENDEVEN, B. (2019). Contrats à impact social #1 – Retour d’expérience & perspectives. Conférences Fonds b..
LE PENDEVEN, B. (2017). Innovative financing tools for SMEs and innovations.
LE PENDEVEN, B. (2017). Pratiques en matière de liquidité et du financement de la croissance des jeunes entreprises à fort potentiel de croissance., Annual Meeting France Angels.
LE PENDEVEN, B. (2017). Social Impact Bonds Les contrats à impact social : enjeux, implications, et perspectives de développement en France.
Scientific activities
Guest Editor :
- Finance Contrôle Stratégie
- La Revue de l’Entrepreneuriat
- Entreprendre & Innover
Reviewer for an academic journal :
- Journal of Business Ethics (Since 2019)
- Venture Capital: An International Journal of Entrepreunarial Finance (Since 2018)
- Entrepreneurship Theory and Practice (Since 2018)
- Management International
- Qualitative Research in Financial Markets
- Revue de l'EntrepreneuriatRevue de l'Entrepreneuriat
- Finance Research Letters
- Revue Internationale PME
- Revue Française de Gestion
- Revue de l’entrepreneuriat
- Entreprendre & Innover
- Finance Contrôle Stratégie
- International Journal of Entrepreneurship and Small Business
- Journal of Financial Management, Markets and Institutions
Founder of an academic association :
- Founder and organizer of the Abbé Grégoire Innovation Days
Member of the Board of Directors :
- Académie de l’Entrepreneuriat et de l’Innovation (2016-2021)
Member of an academic association :
- European Academy of Management
Member of the scientific board :
- Membre du Comité Scientifique de la conférence du GT Innovation de l'AIMS
- Paris Innovative Finance and FinTech Workshop
Awards and Honors
- Finalist - Best PhD thesis Award - Académie de l'Entrepreneuriat et de l'innovation 2018 , 2019
- Best Paper Award 3rd Entrepreneurial Finance Conference, Milano, Italy , 2018
Doctoral supervision
Thesis co-director
Maxens Berre : Valuation of Start-ups
Audencia Business School, France
Vincenzo Buffa : Social Impact Bonds
, France