Functioning of regional venture funds: problems, contradictions

Abstract

Possibilities of venture financing of innovative projects in Russia and its regions are limited to a number of the objective and subjective reasons. Besides essential limitation of the capital ready to investment in high-risk innovative projects, there are only separate elements ofnecessary infrastructure of support ofinnovative process, a transfer and commercialization of technologies, legal aspects of venture financing of the innovative companies aren’t worked. The author carried out the analysis of functioning of regional venture funds, problems and contradictions of their development are revealed.

Keywords

• малый бизнес
• венчурный капитал
• венчурный фонд
• инновации
• инвестици