Abstract
The article is based on the results of the scientific research within the framework of the university-wide comprehensive theme “A new paradigm of social development in the digital economy” carried by the Financial University under the Government of the Russian Federation. The purpose of this study was to analyze the trends in the development of innovative activities of Russian companies and identify the features of attracting venture capital as the main source of financing innovation. The problems of enhancing innovation in both state corporate structures and private business were examined in the course of research. The main directions of the venture market development in Russia and the peculiarities of financing innovation in the context of the Russian economy transition to innovative development have been evaluated.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
References
Chesbrough, H.W.: Making sense of corporate venture capital. Harv. Bus. Rev. 80(3), 90–99 (2002)
Global Innovation Index: Report 2019 – 12th Edition (2019). https://www.globalinnovationindex.org/gii-2019-report. Accessed 25 May 2020
Gompers, P., Gornal, W., Kaplan, S.N., Strebulaev, I.A.: How do venture capitalists make decisions. J. Financ. Econ. 135(1), 169–190 (2020)
Gornall, W., Strebulaev, I.A.: Squaring venture capital valuations with reality. J. Financ. Econ. 135(1), 120–143 (2020)
InfestForesight: Sberbank invests in alms collection payment system (2019). https://investforesight.com/sberbank-invests-in-alms-collection-payment-system/. Accessed 25 May 2020
Millman, D.: Way of the Peaceful Warrior: A Book that Changes Lives. HJ Kramer, California (2006)
Neto, J.C., Filipe, J.A., Caleiro, A.B.: Creativity and innovation: a contribution of behavioral economics. Int. J. Innov. Stud. 3, 12–21 (2019)
Rosstat: Investments in Russia (2019). https://www.gks.ru/storage/mediabank/Invest_2019.pdf. Accessed 25 May 2020
Rosstat: Russia in numbers (2019). https://www.gks.ru/free_doc/doc_2019/rusfig/rus19.pdf. Accessed 25 May 2020
Sokolov, A., Chulok, A.: Priorities for future innovation: Russian SandT Foresight 2030. Futures 80, 17–32 (2016)
Šoltés, V., Gavurová, B.: Innovation policy as the main accelerator of increasing the competitiveness of small and medium-sized enterprises in Slovakia. Procedia Econ. Financ. 15, 1478–1485 (2014)
Vančura, C.: Financial metrics in corporate venture capital: enhancing strategic value by focusing on financial goals. Kauffman Fellows (2014). https://www.kauffmanfellows.org/journal_posts/financial-metrics-in-corporate-venture-capital. Accessed 20 Apr 2020
Vokoun, M.: The economics and politics of process innovation and the sustainable urban development. Procedia Eng. 161, 2229–2233 (2016)
Author information
Authors and Affiliations
Corresponding author
Editor information
Editors and Affiliations
Rights and permissions
Copyright information
© 2021 The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Switzerland AG
About this paper
Cite this paper
Pashtova, L.G. (2021). Special Aspects of Venture Capital Funding of Innovations in Russia. In: Ashmarina, S.I., Horák, J., Vrbka, J., Šuleř, P. (eds) Economic Systems in the New Era: Stable Systems in an Unstable World. IES 2020. Lecture Notes in Networks and Systems, vol 160. Springer, Cham. https://doi.org/10.1007/978-3-030-60929-0_89
Download citation
DOI: https://doi.org/10.1007/978-3-030-60929-0_89
Published:
Publisher Name: Springer, Cham
Print ISBN: 978-3-030-60928-3
Online ISBN: 978-3-030-60929-0
eBook Packages: EngineeringEngineering (R0)