Innovative integration of large and small business. Venture financing

In the context of an open market economy increasing competition of business structures is getting the most important issue as the problem of ensuring strategic competitiveness of firms arises. Strategic competitiveness is determined with the level of innovative activity in the region. In this case large and small firms involved into research and development sector are interested in interacting with each other. For large companies it is an opportunity of getting fast and low-cost results, requiring only a small improvement and reducing risk for similar research in-house. For small business, it is an opportunity of solving many problems associated with the completion of work and entrance the market, since then large firms are considered to be organizers and sources of funding. This article studies the issues of creation of mechanism of interaction of business. The authors pay special attention to one of the most promising forms of integration of large and small business, i.e. venture financing.