FINANCING AND CREDIT SUPPORT OF THE REAL SECTOR OF ECONOMY
The increase of the competitiveness of the national economy is possible only through the development of business of the real sector of economy. It allows to provide positive structural changes in economy and gives the impulse to the sustainable economic growth. One of the investment recourses for the financing of the real economy in the developed countries is venture financing. The world practice evidences that venture financing intensifies productions and becomes a factor of the accelerated development of the scientific and technological progress.
Nowadays the development of the enterprises in the real sector of economy require the analysis of the possibilities to attract all potential sources for financing production projects and their diversification in order to minimize risks. In this regard the development of the venture financing has an important value because it ensures the attraction of the long-term financial recourses of the wide range of institutional and private investors into the real sector of economy.
The importance of this problem, its relevance and urgency to solve the defining objectives explains the choice of the topic of this scientific paper and determines the range of questions that are investigated in it. The article considers the role and place of the venture financing as a source to finance productions in the real sector of economy, analyzes the current state of the market direct investments in Ukraine and part of the venture investment in it, and proposes the stages of the venture financing.
The development of the venture financing in the real sector of economy proves the urgency of its transformation, reveals the potential and institutional opportunities of its development. The research of the venture financing of the entities of the real sector of the economy needs the further studying of securities market development; the approachability of the venture capital for the enterprises of the real sector of economy; determination of the optimal proportional of the institutional investors in the venture capital.
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Keywords: venture financing, interaction, the real economy, the stock market |
FINANCIAL INSTITUTIONS
Matsuk Zoriana
PhD, Associated Professor Ivano-Frankivsk national technical university of oil and gas
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