ATTRACTING VENTURE CAPITAL TO THE WOODWORKING INDUSTRY OF THE CHERNIVTSI REGION

Oleg Ilarionov () and Nina Ilarionova ()
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Oleg Ilarionov: Krok Economics and Law University Kiev, Ukraine
Nina Ilarionova: Chernivtsi National University, Ukraine

Review of General Management, 2010, vol. 11, issue 1, 57-61

Abstract: The downturn on traditional for the Ukrainian venture funds markets (construction, financial, retail) intensified the problem of finding projects attractive for both the venture capital and regional growth. Woodworking industry is among the state’s strategic priorities in many countries, including Ukraine; it is developing in regional clusters with synthetic knowledge base and requires more venture capital for fast innovative transformation. We offer a mechanism for creation and developing of the regional competitive advantages and attraction of venture capital..

Keywords: venture capital; woodworking cluster; innovations (search for similar items in EconPapers)
Date: 2010
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Persistent link: https://EconPapers.repec.org/RePEc:fmb:journl:v:11:y:2010:i:1:p:57-61

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