An. Laurinavicius, Doctoral student, Vilnius University Venture capital as a catalyst of business development in Lithuanian

Article tries to establish whether (and how) appropriate financing sources – especially venture capital funds – could reveal any strategic opportunities of new and innovative companies and of the whole national economy. The question is raised about which – private or public – venture capital is more able to solve the problem of insufficiency of capital for the beginning of innovative businesses.

Keywords: venture capital, public venture capital fund, innovation.

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