The Role of Venture Investments in the World Economy

Invention and innovation drive today's global economy. However, traditional sources of funds have a rather limited ability to provide financing for high-tech business projects. Therefore, the founders of innovative projects are looking for funding from a relatively new type of investors - venture capital investors. The article explores the theoretical basis for the functioning of venture capital investments. The functions of venture investments are revealed. Three main groups of venture investment subjects are identified, their roles in the investment process and the benefits they receive from their interaction are considered. The most active countries in the field of venture investments are noted. The trends in the development of venture investments over 10 years and the current trends observed in the field of venture investments in the context of the development of the coronavirus pandemic are analyzed.