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Attracting Venture Capital To The Woodworking Industry Of The Chernivtsi Region

Author

Listed:
  • Oleg ILARIONOV

    (Krok Economics and Law University Kiev, Ukraine)

  • Nina ILARIONOVA

    (Chernivtsi National University, Ukraine)

Abstract

The downturn on traditional for the Ukrainian venture funds markets (construction, financial, retail) intensified the problem of finding projects attractive for both the venture capital and regional growth. Woodworking industry is among the state’s strategic priorities in many countries, including Ukraine; it is developing in regional clusters with synthetic knowledge base and requires more venture capital for fast innovative transformation. We offer a mechanism for creation and developing of the regional competitive advantages and attraction of venture capital..

Suggested Citation

  • Oleg ILARIONOV & Nina ILARIONOVA, 2010. "Attracting Venture Capital To The Woodworking Industry Of The Chernivtsi Region," Review of General Management, Spiru Haret University, Faculty of Management Brasov, vol. 11(1), pages 57-61, March.
    • Handle: RePEc:fmb:journl:v:11:y:2010:i:1:p:57-61
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