Overcoming the Discrete Nature of Innovation Financing in the Early Stages of Russia

The paper deals with the discontinuous process of establishment of an innovative company and aims to study the funding of innovative activities at the early stages in Russia to create opportunities for attracting funds at every stage of the evolution of ideas and companies. The authors study the process of a company establishment and picture its main theoretical and practical characteristics. The authors analyze international experience and Russian realities in the sphere of funds available for innovative projects at the early stages of development. The major result of this research are suggestions for introducing new elements and new mechanisms to decrease the possibility of development of the early stages funding gaps in innovative activities.