Home  Journals  Regional Economics: Theory and Practice  10(193) - 2011 March

Models for financing innovation economy at the regional level

Available online: 15 March 2011

Subject Heading: Innovations and investments

JEL Classification: 

The cover model of financing of innovation in the region. Principles of the funding should be targeted at multiple sources of funding and expect rapid and effective implementation of innovations and their commercialization, providing increased financial return on innovation. A form of collective investment which flourished in Russia in pre-crisis years but so far nothing has been used to encourage investment in innovation sphere is a mutual investment Fund (MIF). Mutual funds can be considered as a long-term source of financing innovation, particularly at the level of region, on the one hand, to ensure maximum transparency of funds and increase public confidence, on the other hand, if you use the competent marketing policies to direct resources to development of collective investment innovation economy.

Keywords: innovation economy, finance, investment, venture capital, mutual fund

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ISSN 2311-8733 (Online)
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