Each country is required to have a clearly formulated and detailed national strategy in the transition period for the purpose of management, stimulation, assessment and funding of innovative technology development process. A range of various funding sources includes private venture capital...

Venture capital funds pool and manage money from investors seeking private equity stakes in small and medium-size enterprises with strong growth potential. These investments tend to be long term, and the industry is relatively new in emerging markets. So only very recently has it been possible...