FEATURES OF PUBLIC ADMINISTRATION IN SHAPING STRATEGY OF VENTURE INVESTMENT OF BUSINESS ENTERPRISES
##plugins.themes.bootstrap3.article.main##
##plugins.themes.bootstrap3.article.sidebar##
Abstract
The purpose of this study is to define the content of the category “venture investment”, and to establish the relationship between the concepts of “venture investment” and “venture capital”, to analyze the state of venture investment in Ukraine and determine its role in innovative development of the economy, to systematize international experience consider the possibility of its adaptation in Ukraine. Object of research: venture capital in the system of financing innovation processes in the modern economy. The methodological basis of the study is a set of general scientific and special methods of cognition. Methods of analysis and synthesis, generalization and scientific abstraction were used in the formation of the conceptual and categorical apparatus. The analysis of approaches to understanding the essence of venture investment, its components was carried out using dialectical and systemic-structural methods. The application of the historical and logical method, induction and deduction made it possible to study the genesis of the theory of economics and enterprise management, the factors of the strategy of development of venture investment of business entities. Within the framework of the study of the current state of venture investment, calculation and analytical methods of observation, measurement, analysis and comparison are used. Conclusions. Based on the above study, we can assume that venture capital is a combination of financial, human and intellectual resources, which with a high level of risk is invested in the development and implementation of high-tech products of companies that are in their infancy and initial development and are not listed on the stock market and in case of success brings its owner a profit that is much higher than the industry average. Despite the riskiness of investments, venture investments have a number of attractive prospects and advantages. As world experience shows, venture-backed companies are better prepared to innovate, grow faster and create more jobs in the future.
How to Cite
##plugins.themes.bootstrap3.article.details##
venture investment, venture capital, innovations, investment fund, investments, association, financial institutions, company, startups
Vashchenko, I. V., Kuzmich, O. I., & Syzov, A. I. (2010). The current state of the organization of wages of workers in the Armed Forces of Ukraine. Bulletin of Kyiv National University. Taras Shevchenko. Military special sciences, vol. 25, pp. 84–87.
Velyka, K. V. (2012). Organizational forms of venture business: features and advantages. Bulletin of socio-economic research, vol. 2 (45), p.157–162.
Zyanko, V. V., & Epifanova, I. Yu. (2015). Innovative activity of enterprises and its financial support in the conditions of transformational changes of economy of Ukraine. Monograph. Vinnytsia: VNTU, 172 p.
Zinchenko, O. P., Ilchuk, V. P., et al. (2004). The state of development of organizational forms of venture entrepreneurship and its infrastructure in the countries of the world and in Ukraine. Kyiv: NDESEP, 80 p.
The BVCA Private equity and Venture Capital Report on Investment Activity (2012). Available at: http://www.bvca.com.uk/
Weiss, K. G. (2000). Evaluation: methods of research programs and policies. Kyiv: Foundations, 671 p.
All about marketing: collection of materials for managers of enterprises, economic and commercial services (2000). Moscow.
Krasovskaya, O. V. (2013). Venture financing: global trends and the situation in Ukraine. Kyiv: Cone-Yu, 108 p.
Lapko, O. O. (1999). Innovative activity in the system of state regulation. Kyiv: IEP NASU, 254 p.
Public administration: dictionary-directory. (2002). Kyiv: Press ADU, 228 p.
Deineko, L. V., Tsymbalyuk, A. V., & Romanchyk, I. M. (2000). Development of food industry in the context of food security. Ekonomika promyslovosti Ukrainy. Kyiv: RVPS of Ukraine, National Academy of Sciences of Ukraine, pp. 123–130.
Oliver, N. (1996). Benchmarking Product Development. Working Paper, Judge Institute of Management Studies, University of Cambridge.
European Venture Capital Assosiation. Available at: http://www.evca.org.
NVCA Yearbook (2016). National Venture Capital Association. Available at: http://nvca.org/research/stats-studies