Venture Investments and Innovations

Ya. Sergienko and A. Frenkel

Voprosy Ekonomiki, 2006, issue 5

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.

Date: 2006
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Persistent link: https://EconPapers.repec.org/RePEc:nos:voprec:y:2006:id:1739

DOI: 10.32609/0042-8736-2006-5-115-121

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