Economic Nature and Contradictions of Venture Capital Development in Russian Economy

Abstract

The guarantee of a steady social and economic development of the country is possible within the framework of the dynamically developing innovative progressive economy. Venture capital is an important factor of increasing the economic transformation efficiency achieved in many countries through the conversion of the national economy into the innovative way of development. In Russia, the importance of the venture financing development is connected with the fact that the domestic economy faces a burning issue of the capital sourcing for the development of innovation enterprises. The impulse of the venture capital development is considered to be the conflict resolution between its entities. The conflict resolution of the venture capital development and the innovative activity intensification depend in many respects on the formed institutional conditions in the country.