VENTURE CAPITAL FUNDS – CURRENT POSITION IN THE ECONOMY OF SERBIA

The current economic and financial crisis has put a serious task in front of the economic policy makers, especially in the countries that are relying on banking sector. This task concerns how to find enough money to support steady economic development in future. Most of these countries do not have alternative sources of capital such as capital markets or venture capital funds. In the absence of competition, banking sector is not motivated either to decrease interest rates or to become a partner through investment with entrepreneurs.

Key words: economic development, capital, venture capital funds

JEL Classification: G24