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The innovation activity financing's conceptual frame work and foreign experience: lessons for Ukraine

Author

Listed:
  • Vladyslav Zymovets'

    (Institute for Economics and Forecasting, Ukrainian NAS, Kyiv)

  • Inna Shovkun

    (Institute for Economics and Forecasting, Ukrainian NAS, Kyiv)

Abstract

The innovations financing forms at the different stages of innovation process are researched. The risks and macroeconomic barriers which restrict the access to financing innovation are analysed. The choice of financing instrument is offered to carry out taking into account the innovation activities' inhomogeneity concerning its contents and risk degree at its different stages.

Suggested Citation

  • Vladyslav Zymovets' & Inna Shovkun, 2015. "The innovation activity financing's conceptual frame work and foreign experience: lessons for Ukraine," Ukrainian Journal Ekonomist, Yuriy Kovalenko, issue 1, pages 10-14, January.
    • Handle: RePEc:uje:journl:y:2015:i:1:p:10-14
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    References listed on IDEAS

    as
    1. SAU, Lino, 2007. "New Pecking Order Financing for Innovative Firms: an Overview," MPRA Paper 3659, University Library of Munich, Germany.
    2. Bakker, Gerben, 2013. "Money for nothing: How firms have financed R&D-projects since the Industrial Revolution," Research Policy, Elsevier, vol. 42(10), pages 1793-1814.
    3. Paunov, Caroline, 2012. "The global crisis and firms’ investments in innovation," Research Policy, Elsevier, vol. 41(1), pages 24-35.
    4. Boyan Jovanovic & Balàzs Szentes, 2007. "On the Return to Venture Capital," NBER Working Papers 12874, National Bureau of Economic Research, Inc.
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