Венчурные экосистемы России и США: сравнительный анализ

Вестник Университета (Государственный университет управления). 2020. № 12. С. 95–102.

Dunenkova E., Лысова Е. А.

The aim of the research is to analyse the features of development and current state of the
main elements of venture ecosystem in Russia and the United States. To achieve this goal, the authors
reveal and analyse the key features of the studied natural ecosystems. The paper considers the chronology
of the stages of development of venture ecosystems in both countries, determines their current
state, including the volume and number of concluded venture transactions, their ratio by stages of the
investment process. The article highlights the key differences between socio-cultural factors and legal
frameworks that regulate and influence the activities of venture ecosystems. The study identifies
the main problematic aspects of the development of the innovative potential of the Russian Federation
and the reasons for their occurrence. The authors carry out a comparative analysis of the venture industry
in Russia and the United States, identify on its basis, the key problems that hinder the development
of the venture ecosystem in Russia, and give recommendations for overcoming

Keywords: инвестиции, США, инновации, Россия, инновационная деятельность, Russia, USA, инновационный потенциал, investments, инновационный процесс, венчурный капитал, венчурные инвестиции, венчурный фонд, innovative activity, innovations, venture capital, venture capital investments, innovative process, innovative capacity, венчурная экосистема, venture capital fund, venture capital ecosystem, high-tech projects, высокотехнологичные проекты