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Venture Investments and Innovations
https://doi.org/10.32609/0042-8736-2006-5-115-121
Abstract
Using the agent relations framework the authors discuss main principles of venture investments in a market economy. The positive impact of venture capital on innovations’ quality improvement and their acceleration as well as its role in the process of new technological and informational chains’ creation are demonstrated. Limited dependence of venture investments on the dominating national financial system’s model is stated. The pivotal role of the state policy in the venture market’s formation is shown.
About the Authors
Ya. Sergienko
Institute of Economics, Russian Academy of Sciences
Russian Federation
Russian Federation
A. Frenkel
Institute of Economics, Russian Academy of Sciences
Russian Federation
Russian Federation
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Review
For citations:
Sergienko Ya., Frenkel A. Venture Investments and Innovations. Voprosy Ekonomiki. 2006;(5):115-121. (In Russ.) https://doi.org/10.32609/0042-8736-2006-5-115-121
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