Российский рынок венчурных инвестиций: актуальные проблемы и пути их решения
The study presented in the article is devoted to topical problems of the Russian venture capital market. Despite the fact that this area has good funding from the state and the presence of large development institutions, today it can not be called successful. The authors aim was to characterize the current state of the venture market in Russia, identifying the most important problems, and form recommendations for overcoming these problems. It was accomplished by taking in-depth interviews with leading experts in the field – representatives of investment and venture funds, state development institutions and business angels. Obtain expert evaluation allowed the authors to form a holistic view about the current situation on the venture capital market, as well as to identify the possible ways of its further development.
In the article the main tendencies and problems of development of the Russian pharmaceutical industry and the pharmaceutical market are considered. It is shown that low competitiveness of pharmaceutical industry and a high share of an import in the domestic pharmaceutical market are in many respects caused by low innovative activity of the Russian pharmaceutical companies. The contents «Strategy of development of pharmaceutical industry of the Russian Federation for the period till 2020» in interrelation with a complex of system problems of the Russian pharmaceutical industry and prospects of realization of innovative option of its modernization is considered and analysed.
Article gives a characteristics of workforce and examines principals and approaches to development of it s innovation in modern conditions.
Prospects of modernization of Russian education on the basis of realization of the possibities given by an information society are discussed. Conditions of formation and development of the information-communication educational space are studied. The concept of the intellectual control system of innovative development of the Russian educational complex in the conditions of information society is stated/
The concept of an information-analytical Internet-portal of the Russian medical industrial complex as the basis of the intellectual control system of innovative development of the MIC is stated.
The paper examines the structure, governance, and balance sheets of state-controlled banks in Russia, which accounted for over 55 percent of the total assets in the country's banking system in early 2012. The author offers a credible estimate of the size of the country's state banking sector by including banks that are indirectly owned by public organizations. Contrary to some predictions based on the theoretical literature on economic transition, he explains the relatively high profitability and efficiency of Russian state-controlled banks by pointing to their competitive position in such functions as acquisition and disposal of assets on behalf of the government. Also suggested in the paper is a different way of looking at market concentration in Russia (by consolidating the market shares of core state-controlled banks), which produces a picture of a more concentrated market than officially reported. Lastly, one of the author's interesting conclusions is that China provides a better benchmark than the formerly centrally planned economies of Central and Eastern Europe by which to assess the viability of state ownership of banks in Russia and to evaluate the country's banking sector.
The paper examines the principles for the supervision of financial conglomerates proposed by BCBS in the consultative document published in December 2011. Moreover, the article proposes a number of suggestions worked out by the authors within the HSE research team.