Problems of legal regulation of venture capital as a tool for developing innovative technologies in Russia

The modern order requires the development of information technologies, artificial intelligence technologies and high-quality digitalization of various spheres of society. The importance and necessity of systematic and effective support for developers of various forms of innovative technologies is already recognized worldwide: various measures are being created to support innovative companies. Foreign countries actively support the creation of venture funds. This study examines key challenges in the legal regulation of venture investment in Russia using recent statistical data. The authors identify systemic shortcomings in current legislation and substantiate the need for comprehensive reforms, including revisions to the regulatory framework, implementation of substantive investor protections, and development of incentive mechanisms. The proposed measures aim to establish a sustainable venture financing ecosystem in the Russian Federation.