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State Support for The Venture Industry: Global Practice

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  • O. A. Eremchenko
  • V. G. Zinov

Abstract

The experience and features of state models of support for the corporate venture sector in the USA, China, and EU countries are summarized. A general trend in the development of the venture capital industry for foreign countries is the shift in the focus of venture capital funds to investments of late stages of financing. It is shown that the greatest efficiency of government programs in stimulating large companies to innovative and technological development is achieved with joint financing of startups, with the creation of a venture capital fund, with the introduction of tax incentives aimed at companies with high growth potential.

Suggested Citation

  • O. A. Eremchenko & V. G. Zinov, 2021. "State Support for The Venture Industry: Global Practice," Economics of Science, Delo Publishing house, vol. 7(1).
    • Handle: RePEc:abz:journl:y:2021:id:317
    DOI: 10.22394/2410-132X-2021-7-1-51-65
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