Problems of legal regulation of venture capital as a tool for developing innovative technologies in Russia
https://doi.org/10.38044/2686-9136-2025-6-2
Abstract
The modern order requires the development of information technologies, artificial intelligence technologies and high-quality digitalization of various spheres of society. The importance and necessity of systematic and effective support for developers of various forms of innovative technologies is already recognized worldwide: various measures are being created to support innovative companies. Foreign countries actively support the creation of venture funds. This study examines key challenges in the legal regulation of venture investment in Russia using recent statistical data. The authors identify systemic shortcomings in current legislation and substantiate the need for comprehensive reforms, including revisions to the regulatory framework, implementation of substantive investor protections, and development of incentive mechanisms. The proposed measures aim to establish a sustainable venture financing ecosystem in the Russian Federation.
About the Authors
E. K. Poleva
Moscow University of Humanities and Economics (Novorossiysk Institute (branch))
Russian Federation
Russian Federation
Ekaterina K. Poleva — student
36/37, Kommunisticheskaya st., Novorossiysk, 353900
A. G. Holevchuk
Moscow University of Humanities and Economics (Novorossiysk Institute (branch))
Russian Federation
Russian Federation
Artur G. Holevchuk — Ph.D. in Law, Associate Professor, Head of the Department of State and Civil Law Disciplines
36/37, Kommunisticheskaya st., Novorossiysk, 353900
References
1. Gavrilina, D., & Elkin, M. (2022). Strategic development of venture funds in Russia. Strategizing: Theory and Practice, 2(3), 454–469. https://doi.org/10.21603/2782-2435-2022-2-3-454-469
2. Kobernyuk, E., Stiles, D., & Ellson, T. (2014). International joint ventures in Russia: Cultures’ influences on alliance success. Journal of Business Research, 67(4), 471–477. https://doi.org/10.1016/j.jbusres.2013.03.034
3. Sukhorukov, A. V. (2022). Opredeleniye «startap» v pravovom regulirovanii innovatsionnoy predprinimatel’skoy deyatel’nosti v Rossiyskoy Federatsii [The definition of a «startup» in the legal regulation of innovative entrepreneurial activity in the russian federation]. Obrazovanie i Pravo, (8), 241–244.
4. Vakhrushev, D., Kulebyakin, K. (2011). Formirovaniye adekvatnykh institutsional’nykh usloviy deyatel’nosti venchurnykh fondov v strategicheskom napravlenii razvitiya innovatsionnoy deyatel’nosti v Rossii [Formation of adequate institutional conditions for venture funds activity in the strategic area of innovation activity development in russia]. Actualʹnye Problemy Ekonomiki i Prava, (3), 76–81.
Review
Views:
9
Email this article 