Victoria Kuzenkova

National Research University Higher School of Economics | HSE

Development institutions are the most important tool for stimulating innovation processes and infrastructure development. These organizations finance long-term investment projects that contribute to the socio-economic development of the industry, region or country. Such specificity of activity leads to significant difficulties in the assessment of...

The authors maintain that low sustainability level of startups in Russia has its roots in the lack of financial support from the government. The hypothesis is put forward that a more developed system of state support could increase the “survival rate” of small innovative companies. Both traditional measures of state financial support for startups a...

The article examines the role of development institutions in the modern economy and substantiates the relevance of their research. The purpose of this article is to study existing approaches to assessing the effectiveness of development institutions, identifying features and studying their practical application. The systematization and analysis of...

The article deals with the retrospective analysis of concepts of development institutions in overseas and Russian research. In spite of the serious role played by development institutions in economy of states and economic unions the work of Russian development institutions can hardly be assessed as efficient. In order to find reserves of raising th...