D.U. Ivanov, C.U. Orlova, A.A. Ajupov, V.D. Bogatirev, E.V. Pavlova, Venture Capital Management Technique Based on Real Options, International Business Management, Volume 10,Issue 22, 2016, Pages 5286-5290, ISSN 1993-5250, ibm.2016.5286.5290, (https://makhillpublications.co/view-article.php?doi=ibm.2016.5286.5290) Abstract: The study describes innovative process stages, provides statistics of innovative projects realization, develops a model of the innovative project evaluating by real options method. Keywords: Innovation project;innovation process;real options;venture capital;model;decision making