Venture-based sociosystem of the agroindustrial complex of the Republic of Belarus: conception and perspective

Abstract

According to a number of influential consultants on business models and new technology economics, the market system of innovative projects and technology startups is not capable of producing or benefiting from disruptive technologies, generating significant efficiency, long-term growth or providing well-paying jobs for employees. Stimulation of this business model by the state leads to uncontrolled privatization of the benefits and preferences provided, and their detachment from positive change. Therefore, the state policy in the field of venture capital activity should solve the key question: how to combine the goals of Belarusian society related to the development of knowledge-intensive industries and new technologies in agribusiness with the goals of the entrepreneurs themselves, whose main incentive is the efficiency of investment.