COOPERATION BETWEEN HIGHER EDUCATION INSTITUTIONS, BUSINESS AND GOVERNMENT AS A FORM OF ECONOMIC INTERACTION OF KEY STAKEHOLDERS IN CREATING AN INNOVATIVE ECONOMY
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Keywords

innovation ecosystem
cooperation
smart specialization
entrepreneurial universities
innovative decentralization
technology transfer
public-private partnership
economic interaction

How to Cite

Androshchuk, I., Horpynchenko, M., Lysenko, Y., Romanchuk, O., & Ptashko, P. (2025). COOPERATION BETWEEN HIGHER EDUCATION INSTITUTIONS, BUSINESS AND GOVERNMENT AS A FORM OF ECONOMIC INTERACTION OF KEY STAKEHOLDERS IN CREATING AN INNOVATIVE ECONOMY. Social Development: Economic and Legal Issues, (11). https://doi.org/10.70651/3083-6018/2025.11.02

Abstract

The article examines the processes and strategic consequences of cooperative interaction between higher education institutions, the business environment and government institutions within the economy of Ukraine. The purpose of the study is to form strategic directions of innovation cooperation to identify ways to strengthen the national innovation system and increase the country’s competitiveness. The methodological basis of the study is formed by the integration of systemic, institutional and comparative approaches, which allowed for a comprehensive study of the relationships between education, science and innovation. The methods of structural-logical analysis, content analysis of regulatory legal acts of Ukraine and generalization were applied to formulate conceptual provisions on the strategic interaction of stakeholders. The obtained scientific results showed that the concept of the “knowledge triangle” defines the synergistic interaction of higher education institutions as generators of knowledge, business as a mechanism of commercialization and government as an institutional coordinator, forming the basis of the national innovation ecosystem. Key models of cooperation are identified – triple helix, academic-industrial partnerships, innovation clusters, technology parks and regional hubs, which ensure technology transfer and the development of high-tech entrepreneurship. Strategic development directions, innovative decentralization, transformation of universities into entrepreneurial ones, expansion of public-private partnerships and digital platforms for joint research are substantiated. The practical value of the study lies in the possibility of using the proposed models and algorithms to develop regional innovation strategies, improve the regulatory framework and create effective mechanisms for commercializing scientific results. The results can be implemented by government bodies, higher education institutions and business structures to strengthen regional ecosystems and increase the economic efficiency of cooperation. Prospects for further research are associated with an empirical assessment of the effectiveness of the implementation of Smart Specialization in individual regions of Ukraine and monitoring the impact of entrepreneurial universities on the growth of the number of spin-offs.

https://doi.org/10.70651/3083-6018/2025.11.02
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Copyright (c) 2025 Ilona Androshchuk, Maksym Horpynchenko, Yaroslav Lysenko, Oleh Romanchuk, Pavlo Ptashko