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Trends in innovation and investment development of high-tech enterprises

https://doi.org/10.32362/2500-316X-2019-7-5-79-92

Abstract

The article deals with the main prospects and problems of investing in innovative activities of high-tech enterprises. The principles of construction of venture investment and the mechanism of venture financing of a project when creating technological innovation were investigated. The overview of the Russian venture capital market shows the positive dynamics associated with the termination of a significant outflow of funds from the market and the growth in the number of newly created funds. There were also revealed promising areas for the development of the venture capital market and support high-tech enterprises, namely: success stories; low profitability of traditional investment instruments; the growth of activity of state corporations; growth in the number of startups focused on the international market; state support; angel investing growth; promotion of VC and innovations; the emergence of smart industries. Such barriers to the development of venture capital investment as the disunity of the market, the lack of co-investment. There were made conclusions about the prospects of engaging businesses in the processes of research and development of new products, as well as its promotion in promising markets among partners with special competencies, and that human resources are becoming the most important component of the success of high-tech industries.

About the Authors

I. A. Mandych
MIREA – Russian Technological University
Russian Federation

Cand. of Sci. (Economics), Associate Professor of the Chair of Management, Institute of Innovative Technologies and Public Administration, 

78, Vernadskogo pr., Moscow, 119454



A. V. Bykova
MIREA – Russian Technological University
Russian Federation

Cand. of Sci. (Psychology), Associate Professor of the Chair of Management, Institute of Innovative Technologies and Public Administration, 

78, Vernadskogo pr., Moscow, 119454



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Supplementary files

1. Fig. 5. Distribution of high-tech companies by the cooperation subjects in the development and launch of new products to the market with other organizations [9].
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Type Исследовательские инструменты
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Mandych I.A., Bykova A.V. Trends in innovation and investment development of high-tech enterprises. Russian Technological Journal. 2019;7(5):79-92. (In Russ.) https://doi.org/10.32362/2500-316X-2019-7-5-79-92

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ISSN 2782-3210 (Print)
ISSN 2500-316X (Online)