+7 925 966 4690, 9am6pm (GMT+3), Monday – Friday
ИД «Финансы и кредит»

JOURNALS

  

FOR AUTHORS

  

SUBSCRIBE

    
Finance and Credit
 

Modern condition of venture capital market in Russia and in the world

Vol. 26, Iss. 2, FEBRUARY 2020

Received: 25 November 2019

Received in revised form: 18 December 2019

Accepted: 13 January 2020

Available online: 28 February 2020

Subject Heading: INVESTING

JEL Classification: G24

Pages: 430–441

https://doi.org/10.24891/fc.26.2.430

Korsheva M.A. Financial University under Government of Russian Federation, Moscow, Russian Federation
mashakorsheva@yandex.ru

https://orcid.org/0000-0003-1949-0604

Subject The article reviews major trends in the global venture capital market for 2018.
Objectives The interrelated objectives of this study include identifying the categories of innovation that are of priority for investments, analyzing global trends in the venture capital market in Russia and in the world, considering the structure of investments in Russia by categories of investors and their activities.
Methods The study draws on methods of comparative evaluation and differentiated approach to analysis, analysis and synthesis of information collected in newspaper articles and earlier studies on the issue.
Results The findings show that in the Russian market, the most significant investment volumes are in the corporate sector. The segment of private clients is stagnating. The most popular categories for investing are business solutions, virtual and augmented reality, transport, marketplaces, logistics, finance, and medicine.
Conclusions and Relevance Investor activity has increased significantly as compared to the previous year. This points to further development of the venture capital market in Russia.

Keywords: venture capital fund, venture investment, business angel, private investor, corporation

References:

  1. Veslopolova D.S. [Venture investment market in Russia: Development prospects and problems]. Teoriya i praktika obshchestvennogo razvitiya = Theory and Practice of Social Development, 2018, no. 1, pp. 57–60. URL: Link (In Russ.)
  2. Lanfz J.-S., Sahut J.-M., Teulon F. What Is the Real Role of Corporate Venture Capital? International Journal of Business, 2011, vol. 16, iss. 4, pp. 367–382. URL: Link
  3. Zinov V.G., Eremchenko O.A. [Corporate venture capital investments: Features and successful practices]. Ekonomika nauki, 2019, vol. 5, no. 3, pp. 170–184. URL: Link (In Russ.)
  4. Grasmik K.I., Yushchishina N.S. [Social capital and the development of venture industry in Russia]. Vestnik Omskogo universiteta = Herald of Omsk University, 2013, no. 2, pp. 165–168. URL: Link (In Russ.)
  5. Kozyrev A.V., Grishin A.I. [Development and challenges of the Russian venture capital funds market]. Rossiiskoe predprinimatel'stvo = Russian Journal of Entrepreneurship, 2018, vol. 19, no. 4, pp. 1189–1200. URL: Link (In Russ.)
  6. Aleksandrin Yu.N. [Russian venture investment market: Current state and growth prospects]. Ekonomika i biznes: teoriya i praktika = Economics and Business: Theory and Practice, 2018, no. 9, pp. 10–16. URL: Link (In Russ.)
  7. Aleksandrin Yu.N., Moiseenkova I.N. [Institutional aspects of Russian venture capital market]. Sovremennaya ekonomika: problemy i resheniya = Modern Economics: Problems and Solutions, 2013, no. 11, pp. 18–27. URL: Link (In Russ.)
  8. Tugushev T.Ya. [The development of venture investment in Russia: Problems and solutions]. Mezhdunarodnyi zhurnal gumanitarnykh i estestvennykh nauk = International Journal of Humanities and Natural Sciences, 2019, no. 7-2, pp. 91–95. URL: Link (In Russ.)
  9. Kuznetsov V.A., Shatin I.A. [State-of-the-art market venture investment in Russia]. Vestnik Chelyabinskogo gosudarstvennogo universiteta = Bulletin of Chelyabinsk State University, 2013, no. 15, pp. 103–108. URL: Link (In Russ.)
  10. Kaminskii S.M. [Tools and strategic prospects of venture investment of updating of economic systems]. Modeli, sistemy, seti v ekonomike, tekhnike, prirode i obshchestve = Models, Systems, Networks in Economics, Engineering, Nature and Society, 2019, no. 1-2, pp. 72–81. URL: Link (In Russ.)

View all articles of issue

 

ISSN 2311-8709 (Online)
ISSN 2071-4688 (Print)

Journal current issue

Vol. 30, Iss. 4
April 2024

Archive