Essence of Venture Investments

Development of the innovative economy in Russia predetermines the need to adapt to new challenges and global economic trends. World experience demonstrates the effectiveness of the acceleration mechanism in supporting innovative projects, expanding the network interaction of the elements of innovative ecosystems, and accelerating the implementation of breakthrough ideas. The existing imbalance in the socio-economic development of the Russian regions, the differentiation of their resource potentials determine the search for institutional solutions that activate the innovation process. The conceptual and methodological basis for acceleration platforms and foreign and domestic experience of business accelerators are analyzed. The stages of change management in the context of acceleration logic are systematized. These are hackathon, foresight, acceleration, project development. The article substantiates the expediency of acceleration of innovations in the Udmurt Republic as an institutional element of the innovative environment that meets the specifics of the military-industrial complex, the declared diversification of defense industries and actualization of the request to increase the share of high-tech civilian products in the total volume. The mission and goals of the accelerator and the main program stages are described. The graphical model of a regional accelerator is presented. It integrates key elements of the innovation environment. The result is stimulation of the innovation process, support of the technological entrepreneurship, strong regional innovative competencies, qualitative growth of project activities, which will significantly increase the level of competitiveness of regional enterprises and the role of the region in the global economic system.

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“…The domestic vector of research is represented by the works by S. Makarov, A.A. Sytnik, M.A. Kamenskikh [10][11][12]. O.A.…”

Section: Methodsmentioning

confidence: 99%