development institutes

Introduction. Innovative development became a directing vector in development of economy of Russia. While the main tools and infrastructure elements, investment of innovative activity, i.e. venture investment are formed, remains insufficiently developed in theoretical and practical aspect. In article the substantial party of objects of venture investment – the innovative companies is investigated, criteria of reference of the companies to innovative are allocated, features of their functioning come to light.

In article necessity of effective partnership of the state and private business in the conditions of formation of the Russian innovative sys‑ tem is considered. Its perspective directions in construction of socially focused market economy of innovative type are revealed.