Opportunities for Venture Financing of Innovation Activities in the Context of the Global Pandemic Crisis
DOI:
https://doi.org/10.51699/ajdes.v28i.658Keywords:
venture financing, innovation activities, COVID-19 pandemic, economic crisis, government policies, investment opportunitiesAbstract
The COVID-19 pandemic has brought unprecedented challenges to the global economy, including the venture capital industry. This article explores the opportunities for venture financing of innovation activities in the context of the pandemic crisis. Based on a literature review, analysis of data from PitchBook, and interviews with experts, the article discusses the impact of economic crises on venture financing, the role of government policies in supporting venture financing during the pandemic, and examples of successful venture financing during the crisis. The study also identifies potential areas for innovation activities that could attract venture financing during the crisis. The findings suggest that although the pandemic has created significant challenges for the venture capital industry, it has also created opportunities for innovation and investment in certain sectors. The article concludes with recommendations for policymakers, investors, and entrepreneurs.
References
Brown, R. (2020). Venture Capital in the Time of COVID-19. Entrepreneur. https://www.entrepreneur.com/article/347433
Gompers, P., Gornall, W., Kaplan, S. N., & Strebulaev, I. A. (2020). How Venture Capitalists Are Responding to the COVID-19 Crisis. Harvard Business Review. https://hbr.org/2020/05/how-venture-capitalists-are-responding-to-the-covid-19-crisis
Organization for Economic Cooperation and Development (OECD). (2020). Policy Responses to COVID-19: Supporting innovation and entrepreneurship. https://www.oecd.org/coronavirus/policy-responses/supporting-innovation-and-entrepreneurship-during-the-covid-19-crisis-d5f8c09b/
Venture Capital Journal. (2021). Global venture capital funding reports. https://www.venturecapitaljournal.com/research-reports/venture-capital-funding-reports/
World Economic Forum. (2021). Global Risks Report 2021. https://www.weforum.org/reports/the-global-risks-report-2021
Gompers, P. (2016). Reflections on the past and future of venture capital. Journal of Applied Corporate Finance, 28(1), 8-18.
Lerner, J., & Tåg, J. (2016). Institutions and venture capital. Journal of Economic Perspectives, 30(2), 153-174.
Murray, G. C., & Lott, J. (2016). The evolution of the venture capital industry and the entrepreneurial ecosystem: Exploring the implications for policy. Journal of Technology Transfer, 41(1), 10-25.
O'Connor, T. (2016). The impact of the 2008 financial crisis on the venture capital industry: An empirical analysis. Journal of Entrepreneurial Finance, 18(2), 1-28.
Parker, S. C., & Van Praag, C. M. (2016). School ties: The effect of university peers on entrepreneurial entry. Journal of Economic Behavior & Organization, 125, 82-97.
Shane, S. (2016). Reflections on the 2016 US presidential election and its implications for entrepreneurship research. Journal of Business Venturing Insights, 6, 18-21.
Tolliyevna Q. G., Nodirbek B., Otabek M. THE ROLE OF VENTURE CAPITAL IN DRIVING INNOVATION AND ECONOMIC GROWTH //TA'LIM VA RIVOJLANISH TAHLILI ONLAYN ILMIY JURNALI. – 2023. – Т. 3. – №. 3. – С. 202-204.
Tolliyevna, Q. G., & Zokirjon, M. (2023). Effective Methodologies for Managing Risks in Venture Financing of Innovative Projects. Spanish Journal of Innovation and Integrity, 16, 30-34.
Tolliyevna, Q. G. . . (2023). the Role of Venture Investments in the World Economy. International Journal of Discoveries and Innovations in Applied Sciences, 3(2), 12–16.
Tolliyevna, Q. G. (2022). The Role of Venture Investments in Financing Innovative Activities and the Digital Sector. International Journal on Economics, Finance and Sustainable Development, 4(12), 1-4.
Каражанова Г. Т. Бобокулов Д. Санакулов Р. СУЩНОСТЬ, ОСОБЕННОСТИ И СПОСОБЫ ПРИВЛЕЧЕНИЯ ВЕНЧУРНОГО КАПИТАЛА В ИННОВАЦИОННЫЕ ПРОЕКТЫ //BARQARORLIK VA YETAKCHI TADQIQOTLAR ONLAYN ILMIY JURNALI. – 2023. – Т. 3. – №. 2. – С. 1-4.
Tolliyevna, Q. G. ., Xurziyoxon, K. ., & Murtazo, S. . (2023). THE ROLE OF VENTURE CAPITAL IN EMERGING INDUSTRIES. IJTIMOIY FANLARDA INNOVASIYA ONLAYN ILMIY JURNALI, 3(3), 201–207.
