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FEATURES financing of innovative projects economic entities in periods of recession ECONOMY

Abstract

The article focuses on a topical issue that reflects especially the financing of innovative projects of the industrial sector in Russia in the period of economic crisis. The main emphasis is on the risk component of the process. Analysis of the product from the perspective of the availability of financial resources for the entity and its structure for the businessman-innovator in the prevailing economic conditions in Russia. The necessity of the use of venture capital investment of innovative activity in modern conditions. The findings are based on the analysis of the dynamics of expenditure on technological innovation according to Russian statistics and indicators of the Povolgsliy Federal District. The authors implemented a comparative analysis of existing sources of financial resources of enterprises from the perspective of risk and the implementation of the investment management process, revealed positive and negative aspects in the choice of sources of financing in terms of appearance.

About the Authors

I. S. Vinnikova
Minin Nizhny Novgorod Statе Pedagogical University
Russian Federation

PhD in Economics, Associate Professor of the Department of insurance, finance and the credit, 

Nizhni Novgorod



E. A. Kuznetsova
Minin Nizhny Novgorod Statе Pedagogical University
Russian Federation

the senior teacher of the department of insurance, finance and the credit, 

Nizhni Novgorod



E. V. Shpilevskaya
Rostov institute Protection of Businessman, Rostov-on-Don
Russian Federation

PhD in Economics, Associate Professor of the Department of Economics and Accounting, 

Rostov-on-Don



T. O. Zagornaya
Makiyivka Institute of Economics and Humanities
Ukraine

Doctor of Economics, Professor, Vice-Rector for Science and International Affairs, 

Makiyivka-57



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