Modelling Of Criteria For The Feasibility Assessment Of Intellectual Products' Potential In The Venture Financing System
Objective of the research is to develop a logical modeling variant of criteria for the feasibility assessment of intellectual products` potential in the venture financing system. Research methodology is based on synthesis of institutional and new institutional economics theory, theories of innovations, uncertainty and risk, management of innovations. Essential characteristics of venture financing are structured in the article, its treatment as an economic category is suggested. The structure of institutional field of venture financing (by the example of Russia) is elaborated with consideration of projected development and co evolution of formal and informal institutions as a favorable environment for drawing into economic turnover and commercialization of technological developments and projects. A logical model of institutional criteria for the assessment of intellectual products` potential feasibility in the system of venture financing is suggested.
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Bronwyn Hall, 2004.
"The financing of research and development,"
in: Financial Systems, Corporate Investment in Innovation, and Venture Capital, chapter 2
Edward Elgar Publishing.
- Bronwyn H. Hall, 2003. "The Financing of Research and Development," Finance 0303003, EconWPA.
- Hall, Bronwyn H., 2002. "The Financing of Research and Development," Department of Economics, Working Paper Series qt34c1c643, Department of Economics, Institute for Business and Economic Research, UC Berkeley.
- Bronwyn H. Hall, 2002. "The Financing of Research and Development," NBER Working Papers 8773, National Bureau of Economic Research, Inc.
- Hall, Bronwyn, 2002. "The Financing of Research and Development," Department of Economics, Working Paper Series qt5rf0x9gz, Department of Economics, Institute for Business and Economic Research, UC Berkeley.
- Romer, Paul M, 1990.
"Endogenous Technological Change,"
Journal of Political Economy,
University of Chicago Press, vol. 98(5), pages S71-102, October.
- Kerstin Bernoth & Roberta Colavecchio & Magdolna Sass, 2010.
"Drivers of Private Equity Investment in CEE and Western European Countries,"
Discussion Papers of DIW Berlin
1002, DIW Berlin, German Institute for Economic Research.
- Kerstin Bernoth & Roberta Colavecchio & Magdolna Sass, 2010. "Drivers of Private Equity Investment in CEE and Western European Countries," Working Paper / FINESS 3.5, DIW Berlin, German Institute for Economic Research.
- George A. Akerlof, 1970. "The Market for "Lemons": Quality Uncertainty and the Market Mechanism," The Quarterly Journal of Economics, Oxford University Press, vol. 84(3), pages 488-500.
When requesting a correction, please mention this item's handle: RePEc:mje:mjejnl:v:8:y:2012:i:1:p:197-206. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Eryk Wdowiak)
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.