INNOVATIVE INFRASTRUCTURE OF ENTREPRENEURSHIP DEVELOPMENT

Abstract

The article deals with the actual issues of such forms of innovative infrastructure development as venture capital and clustered formation. Particularities of their functioning in the market conditions and problems of their existent are analyzed in the article. Special attention is devoted to the different types of innovative clusters such as truncated, branch, innovative branch, pro-innovative and innovative oriented ones. Also the foreign experience of cluster's formations functioning in different conditions are researched according to use it in current conditions in Ukraine. The specific features of the venture investments forms are mentioned with the aim of different purposes to make venture investments. Two types of venture capital such as internal and external are researched in the article too. Formation of venture financing in Ukraine is researched from the beginning to present days. The prospects of venture entrepreneurship in Ukraine are characterized; three tendencies of venture funds in Ukraine over the last years are noticed. Also in the article the abilities, restrictions and prospects for venture capital development in Ukraine are listed. Ukrainian small business has very significant problems with using venture financing because of infrastructure and continuously changing legislation. It's necessary to create the conditions for stimulation the investments flow therefore developing the venture financing and domestic economic growth. The problems of Ukrainian legislation have to be solved as soonest to simulate the domestic production with the usage of venture financing. Also the significant meaning for innovative development has the state innovative policy which has to be aimed to making innovations especially in current conditions.

Authors and Affiliations

Oksana Mykytyuk, Olha Honcharova

Keywords

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  • EP ID EP404319
  • DOI 10.17721/1728-2667.2014/159-6/13
  • Views 58
  • Downloads 0

How To Cite

Oksana Mykytyuk, Olha Honcharova (2014). INNOVATIVE INFRASTRUCTURE OF ENTREPRENEURSHIP DEVELOPMENT. Вісник Київського національного університету імені Тараса Шевченка. Економіка., 6(159), 72-76. https://europub.co.uk/articles/-A-404319