SPECIFICATIONS OF THE VENTURE CAPITAL INVESTMENTS IN THE UKRAINIAN IT INDUSTRY
Journal Title: Journal L`Association 1901 SEPIKE - Year 2017, Vol 2, Issue 2
Abstract
Ukrainian venture capital market formation has started in the beginning of the second decade of the century and started developing very rapidly ever since. Ukraine has always had a long history working on innovations that were influential in many spheres of economy such as aerospace, machine and shipbuilding, and computer science. Among all the industries, which provide a considerable share in the GDP gross value of Ukraine, the information technology or IT industry is the most dynamic and promising one. The technology industry itself should reinvest the money into its development so that it attracts more financial support for its growth. The recent several years have brought many difficulties to the Ukrainian economic situation and damaged its image greatly. Despite such conditions, Ukrainian tech product and outsourcing companies are still growing in a slow but stable pace. Currently, the market consists of over thousand companies that employ almost 100,000 tech specialists who serve clients from all over the world. Ukraine is also a valuable residence place for many global tech players who have put their research and development centers in Ukraine. They are situated not only in the capital but in the regions as well.
Authors and Affiliations
Pavlo Kukhta, Lesya Olikh
Keywords
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