Problems and prospects of public-private partnerships at Russia’s market of venture capitals
There is low economic effectiveness from free money using in closed-end investment funds of venture investments. Regional Government has limitations to rule closed-end investment funds of venture investment. Russia’s venture capital structure lowers the rivalry and the pace of development of free venture investment market in regions. The article expounds problems and prerequisites in the present state of affairs. It estimates possible scenarios for development of the venture capital market in Russian regions and possible tendencies for Russia’s economy development.
Keywords: state capitalism, closed-end venture fund, trust management, banks, private-public partnerships, innovative economy, low efficiency of investment
