
Researchers or investors could face jail terms if they work with someone they “ought to know” is under the direction of a foreign power.
The digital media group has restructured its corporate venturing activities on the same day as China revealed proposals which would place investments under greater scrutiny.
Various members of the corporate venturing industry have contacted Global Corporate Venturing to say they are concerned about proposed changes to European competition law. The European Commission recently consulted on a white paper which could chill venture investing by corporates in Europe.
A new finance measure should become effective by mid-2014, under which French companies or French subsidiaries of global companies will be incentivised to make riskier investments in small, innovative businesses.