Venture financing as a tool for the development of innovation activity in Russia

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Abstract

 

The article describes the main elements of the procedure for venture financing of innovative projects. The author gives definitions of key terms on the topic: "innovations", "venture financing", "venture capital". It also describes the advantages and disadvantages of this procedure, lists the main subjects of investment (venture funds, business angels). The article provides a comparative analysis of venture financing of innovative activities for 2020-2021. in Russia and abroad, the problem of attracting venture capital investments in the country is identified and recommendations are given. The authors provide indicators for assessing the profitability of an innovative project, which is supposed to make financial injections.

About the authors

Alina Zaurbekovna Kardanova

Peoples’ Friendship University of Russia (RUDN University)

Author for correspondence.
Email: miss.kardanova@gmail.com
ORCID iD: 0000-0001-5917-6068
SPIN-code: 3670-0107

Master's student of the Faculty of Economics

117198, Moscow, Miklukho-Maklaya str., 6

Elena Mikhailovna Grigorieva

Peoples’ Friendship University of Russia (RUDN University)

Email: Grigorieva-Elena@rudn.ru
ORCID iD: 0000-0002-8345-5152
SPIN-code: 6055-2720

PhD, Associate Professor, Associate Professor of the Department of Finance and Credit at the Faculty of Economics

117198, Moscow, Miklukho-Maklaya str., 6

References

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