MINOR INNOVATIVE ENTERPRISES AND METHODS OF THEIR FINANCING IN RUSSIA

A. G. Komissarov
2016 Modernizaciâ, Innovaciâ, Razvitie  
Minor enterprises do not have resources sufficient for investment. Present experience of venture financing and attraction of funds from finance markets is poor in Russia. Main minor entrepreneurship financing sources are state allocations in the form of subsidies, subventionsand donations. This support promotes economics diversification and increases jobs. The state becomes client of innovations and provides for business environment favorable for minor entrepreneurship and for subsequent
more » ... r subsequent diffusion of innovations. One of most efficient innovationactivity stimulation methods (applied to minor enterprises as well) is provision for tax privileges, favorable state bank credits and preferences to innovation activity supporting commercial banks.
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