Models of public-private partnership in the venture market

The relevance of studying venture capital investment in investment activities is largely due to the fact that the procedure for raising funds in this case involves special methods and format for raising funds. Hence, it necessary to mention that the issue of increasing competitiveness in Russia is largely based on the formation of more favorable conditions for venture capital raising. Returning to reality, we note the fact that in the Russian economy, in contrast to the existing opportunities for innovative businesses to use capital through venture investment, there are a number of limitations that significantly complicate this mechanism. Such restrictions are due to both legislation and the specifics of the Russian economy. The latter includes, in particular, the issue of distrust of the venture capital market as a whole. Thus, these problems do not provide full opportunities for the development of both the venture capital market and innovation. The latter is not developing mostly because innovation largely correlates with venture capital raising tools. These problems make it important and significant for Russia to develop an effective mechanism for managing venture capital investments, which is especially important for the development of innovation in the Russian economy. Therefore, venture capital mechanisms for attracting capital for the development of innovations in Russia should be adapted taking into account the development of the Russian economy. The article examines the key problems of the development of the venture industry, presents the features of its formation in different time frames. Measures to improve the institutional regulation of the venture capital market in modern conditions are proposed.

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