| Title |
Effect of risk capital on country's competitiveness: theoretical aspects / |
| Authors |
Padgureckienė, Aistė |
| Full Text |
|
| Is Part of |
Professional studies: theory and practice : social sciences / Šiauliai State College.. Šiauliai : Šiauliai State College. 2019, no. 6 (21), p. 63-72.. eISSN 2424-5321 |
| Keywords [eng] |
venture capital ; innovation ; technology ; scientific research ; national competitiveness |
| Abstract [eng] |
The article analyses the theoretical aspects of the impact of venture capital on country's competitiveness. Many scientists have proven that investment in technology, science and innovation are means of achieving national prosperity and a high level of competitiveness. Qualitative factors of economic growth prevail in the country as a result of the continuous development of R&D and acquiring results of R&D. Innovative businesses need a favorable way of financing. Most start-ups do not meet the eligibility criteria for loans and thus lack the capital to start a business. Venture capital is a vital alternative form of business financing to traditional financing, helping companies to develop their business. Venture capital investments provide not only financial but also intellectual capital to innovative and promising companies, thus positively affecting the country's competitiveness. |
| Published |
Šiauliai : Šiauliai State College |
| Type |
Journal article |
| Language |
English |
| Publication date |
2019 |
