Pikulina N. Venture capital in the system of market economy

The capital of the economy of knowledge functioning in the innovative sphere. The essence and patterns of formation and development of venture capital have been revealed and deepened. The methods of analysis and synthesis, of concrete and abstract, qualitative and quantitative analysis,economic and statistical. The author's definition of venture capital have been provided, organizational-economic forms of venture capital have been analyzed.The recommendations on the innovative sphere reforming by introducing the mechanisms of funding on the basis of venture capital have been suggested. The small venture business, executive authorities.