Start-up as a tool for implementation of investment decisions


Abstract

Introduction. Start-up is the first necessary stage of a life cycle of innovations. Discovering of foreign experience shows us a limited count of theoretical researches  in case of the start-up business methodology. A high-speed system of a support of the start-ups  is the fundament for an activation of innovations deals, the increase of the volume of innovations production, the export of high-tech product.

Aim and tasks. The aim of the article is discovering of the matter and conditions of Ukrainian IT-business, finding the main sources of a financing of the start-ups in conditions of national economy instability and the detection of potential investment sources for some innovation projects on the data of the start-ups modern financing condition. This article uses dialectical method of research of economy actions and processes in their development and interconnection, systematically way for researching issues.

Research results. The start-up business has differences from the ordinary business, because the investors invest money in it in the beginning of existence, not in time of successful working. One of the main spheres of the modern start-up business is IT-industry.

The biggest spheres of modern investment: the outsourcing, the “Angels’ investments”, the crowdfunding. The Venture Capital and Direct Investment Association (UVCAeu) was founded in Ukraine and the task of this association is the assistance for global companies development in Ukraine and connecting Ukrainian and world’s start-up communities.

Conclusions. Ukraine is becoming the IT-nation. The Technology talent is the unique feature of our country. The one we really need is the entrepreneurial grip in meaning of the right presentation of our product. Today we have to be confident in our start-ups prospective, and each year the world will talk more and more about the success of the Ukrainian projects and our country in general.

Keywords:

start-up, investment, IT-company, outsourcing, kraudfanding, angelic investments, gadget, Ukrainian association of venture capital and direct investments, project

References

1. Kabachinsky, I., & Andrusyak, A. (2016). Reasonable money: how profitable investments into Ukrainian IT-projects. Forbes Ukraine, 5, 11-12 [in Ukrainian].
2. Yudina, N.V. (2017). Methods of the Startup-Project Developing Based on ‘the Four-Dimensional Thinking’ in Information Society. Marketing and Management of Innovations, 3, 245-254 [in Ukrainian].
3. Altinpara, A.O. (2017). Problems and prospects of investing in Ukrainian IT start-ups. International scientific and technical cooperation: principles, mechanisms, efficiency: a collection of works XIII (ХХV) of the All-Ukrainian scientific-practical conference (pp. 58). Kiev: KPI after Igor Sikorsky [in Ukrainian].
4. Kharlamov, P. (2015). Break a Million: Who Invest In Ukrainian Startups. Forbes Ukraine. Retrieved from: http://forbes.net.ua/magazine/forbes/1404940-sorvat-million-kto-investiruet-v-ukrainskie-startapy [in Ukrainian].
5. Danilin, A., & Slyusarenko, A. (2008). Architecture and strategy. Yin and yang information technology enterprise. Moscow: Internet Unt. Inform. Technologies, 504 [in Russian].
6. Pinto. M. (2017). What is project finance? Investment Management and Financial Innovations, 14 (1-1), 200-210 [ in Russian].
7. Petrenko, V.A., Demianenko, N.G., & Kriukova, A.A. (2017). Methodology for managing start-up projects. Problems of Economics and Management, 1 (65). Retrieved from: http://cyberleninka.ru/article/n/metodologii-upravleniya-startap-proektami [in Russian].
8. Boyarinova, K. O., Kopishinskaya, K. O. (2017) Peculiarities of legislative regulation of startup companies activity in Ukraine. The Economic Legislation of NTUU "KPI", 14, 393-398. [in Ukrainian].
9. Lueg R., Malinauskaite.L., & Marinova I. (2014). The vital role of business processes for a business model: the case of a startup company. Problems and Perspectives in Management, 12(4-1), 213-220.
10. Gura O., & Stoyanov M. (2016). Outsourcing usage in the international arena and in Ukraine. Modern scientific bulletin. Retrieved from: https://elibrary.ru/item.asp?id=25693368.
11. Dinkgreve, M., Denn, M.M., & Bonn, D. (2017). “Everything flows?”: elastic effects on startup flows of yield-stress fluids. Rheologica Acta, 56, (3), 189-194.
12. Koval V., Slobodianiuk O., & Yankovyi V. (2018). Production forecasting and evaluation of investments using Allen two-factor production function. Baltic Journal of Economic Studies, 4(1), 219-226. doi.org/10.30525/2256-0742/2018-4-1-219-226.
Published
2018-06-28
How to Cite
(1)
Gura, O. Start-up As a Tool for Implementation of Investment Decisions. Economics Ecology Socium 2018, 2, 1-11.
Section
Economic development and management of the national economy