OPTIMIZING THE FINANCIAL SUPPORT MODEL FOR INNOVATION PROJECTS IN BUSINESS ENTITIES

OPTIMIZING THE FINANCIAL SUPPORT MODEL FOR INNOVATION PROJECTS IN BUSINESS ENTITIES

Authors

  • Jubanova Bayramgul

DOI:

https://doi.org/10.5281/zenodo.17730785

Keywords:

innovative projects, funding, investments, venture capital, crowdfunding, government support, business entities.

Abstract

The article examines the mechanisms for financing innovative projects in business entities. Existing investment
attraction models are analyzed, key issues are identified, and possible solutions are proposed. Special attention is given to
government support programs, venture financing, and crowdfunding as promising tools. Recommendations are provided
to improve the funding system for innovative projects to enhance companies' competitiveness

Author Biography

Jubanova Bayramgul

Innovation techology university,
PhD, Associate Professor

References

Lerner, J. (2010). The Venture Capital Cycle. MIT Press.

Pikkarainen, M., & Melander, P. (2018). Financing Innovation: Government Support for R&D and Technological

Advancement. Springer.

OECD. (2020). Innovation and Technology Financing in Emerging Economies. OECD Publishing.

Harrison, R., & Leitch, C. M. (2019). Entrepreneurial Finance and Innovation: Policy Approaches. Journal of Business

Venturing, 34(2), 320-339.

European Commission. (2021). Horizon Europe: A Strategy for Financing Innovation in the EU. European Union.

Shane, S. A. (2018). The Innovator’s Dilemma: When New Technologies Cause Great Firms to Fail. Harvard Business

Review Press.

OECD. (2019). Financing Innovation for Growth: International Practices and Policy Solutions. OECD Publishing.

Mazzucato, M. (2013). The Entrepreneurial State: Debunking Public vs. Private Sector Myths. Anthem Press.

World Bank. (2020). Innovation, Technology, and the Economy: Trends and Challenges in Financing R&D. World Bank

Group.

Czarnitzki, D., & Hottenrott, H. (2011). R&D Investment and Financing Innovation in Small and Medium-Sized

Enterprises: A European Perspective. Research Policy, 40(5), 745-758.

Downloads

Published

2025-10-01

How to Cite

Jubanova, B. (2025). OPTIMIZING THE FINANCIAL SUPPORT MODEL FOR INNOVATION PROJECTS IN BUSINESS ENTITIES. Innovation Science and Technology, 1(10). https://doi.org/10.5281/zenodo.17730785
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