Venture Firm in the System of Forming of Innovative-Integrated Structures: Advantages and Disadvantages Cover Image

Венчурна фірма в системі формування інноваційно-інтегрованих структур: переваги та недоліки
Venture Firm in the System of Forming of Innovative-Integrated Structures: Advantages and Disadvantages

Author(s): Oleksandr Levchenko, Ilona Tsarenko
Subject(s): Economy, National Economy, Business Economy / Management, Micro-Economics
Published by: Кіровоградський національний технічний університет
Keywords: venture firm; venture entrepreneurship; forms of venture firm; advantages and disadvantages of venture firm; external and internal of ventures;"buyout"; "spin-offs";

Summary/Abstract: The paper is defined an analysis the peculiarities of the forming and functioning of venture firms in the system of forming of innovative-integrated structure, their advantages and disadvantages. The essence of the definition "venture firm", "venture enterprise / entrepreneurship" is revealed in the paper, conditions for it forming are highlighted. The most common organizational forms of venture firms are considered. The strengths and weaknesses of the forms of venture entrepreneurship are presented. The advantages and disadvantages of venture firms are described. The Venture Capital and Private Equity Country Attractiveness Index of 2016 is analyzed, the dynamics of change of the Ukraine's position within the rating are analyzed.The annual review of the Ukrainian Association of Venture Capital and Direct Investments for Investing in Ukraine is considered and the main obstacles for functioning of venture firms in Ukraine at the current stage of reforming of the national economy are given.