An analysis of the impact of venture capital investment on economic growth and innovation: Evidence from the USA and Russia

An analysis of the impact of venture capital investment on economic growth and innovation: Evidence from the USA and Russia

We hear a lot of political declarations stating the importance of developing an innovation economy by fostering venture capital inflows. But it is obvious that the venture capital market makes an extremely low contribution in terms of total R&D spending or gross investment. Thus, theory...

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Bibliographic Details
Main Authors: Kolmakov Vladimir Vladimirovich, Polyakova Aleksandra Grigorievna, Shalaev Vasily Sergeevich
Format: Article
Language:English
Published: Faculty of Economics, Belgrade 2015-01-01
Series:Ekonomski Anali
Subjects:
venture capital investment
economic growth
innovation
comparative studies
R&D spending
Online Access:http://www.doiserbia.nb.rs/img/doi/0013-3264/2015/0013-32641507007K.pdf

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