Improving Financing Mechanisms for High-Tech Business Investment Projects in the Context of Tight Monetary Policy
Abstract
The subject of the study is the impact of tight monetary policy on the mechanisms for attracting financial resources. The objectives of the work are to analyze and systematize financing mechanisms for investment projects in the high–tech sector, taking into account the specifics of this sector and the external financial and economic conditions of its functioning in Russia, to establish directions for improving the system of financing mechanisms to achieve the objectives of scientific and technological development of the Russian economy. The paper analyzes the monetary policy implemented in Russia, as well as approaches to the definition of high-tech companies, reflects the features of investment projects related to the high-tech sector of the economy. The features of existing methods of financing investment projects and existing measures of state support and incentives are considered. Proposals have been formulated to improve the system of mechanisms for attracting financing to investment projects, taking into account the specifics of the high-tech sector. Special attention is paid to the possibilities of putting into practice tools related to the expected start of the use of digital currency and the expansion of the use of digital financial assets. The conclusion is made about the need for a systematic approach to the introduction of new mechanisms for financing investment projects, as well as their state support
About the Authors
E. V. Andreev
Institute of Public Administration and Management, Russian Presidential Academy of National Economy and Public Administration, Moscow, Russia
Russian Federation
Russian Federation
Evgeny V. Andreev — Cand. Sci. (Tech.), Assoc. Prof. of Department of State Regulation of Economics
E. A. Lazareva
Bank of Russia, Moscow, Russia
Russian Federation
Russian Federation
Ekaterina A. Lazareva — Chief Economist of Department of Banking Regulation and Analytics
A. O. Sokolovskiy
JSC ˝NPO Energokontrakt˝, Moscow, Russia
Russian Federation
Russian Federation
Alexander O. Sokolovskiy — Deputy technical director
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Review
For citations:
Andreev E.V., Lazareva E.A., Sokolovskiy A.O. Improving Financing Mechanisms for High-Tech Business Investment Projects in the Context of Tight Monetary Policy. Economics, taxes & law. 2024;17(6):56-67. (In Russ.)
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