The Enhanced Role of Banks in Shaping an Innovation Potential

The theoretical foundations and practical problems of banks’ participating in the financial support of innovation potential are researched. The aim of the article is to identify reserves of direct involvement of banks in the financial support of innovation potential. The following objectives are achieved in the article: the international experience of financial support for innovation potential is analyzed; the main prerequisites for strengthening the role of banks in financial support of innovation potential under the present conditions are systemized; quantitative and qualitative parameters of the functional involvement of banks in the process of financial support of innovative potential are evaluated depending on the direction of cash flows and stages of development of innovation potential. The method of comparing the possible range of characteristics of an object with the existing range is used. This allowed distinguishing the direct bank reserves and organizing the basic prerequisites of how to enhance the role of the banks in the financial support of innovation potential.