RESEARCH OF FOREIGN EXPERIENCE IN COMMERCIALIZATION OF INTELLECTUAL AND INNOVATIVE TECHNOLOGIES

Abstract. The article studies foreign experience in commercialization of intellectual and innovative technologies in the activities of industrial enterprises. It is determined that synergistic interaction between universities, research centers, business and government is the basis for the formation of innovation ecosystems. At the same time, an important factor is state support in the form of grants, tax breaks, as well as promotion of venture financing, which stimulates the development of innovative enterprises. It is substantiated that the infrastructure for innovation (technology parks, business incubators and accelerators provide the necessary conditions for startups and young companies) in foreign enterprises has a significant impact on the efficiency of technology commercialization only if there is an effective patent system and intellectual property protection mechanisms that contribute to the introduction of developments into production. Emphasis is placed on the fact that international cooperation and adaptation of best practices in the commercialization of innovations, taking into account local conditions, play a key role in the formation of a competitive innovation policy.

Authors

Publication Details

Journal
Actual problems of improving of current legislation of Ukraine
Published
2024-12-13
DOI
https://doi.org/10.20998/2313-8890.2024.10.05
Citations
1
Primary Topic
Business and Economic Development
Type
article
Field-Weighted Citation Impact
0.71
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article

RESEARCH OF FOREIGN EXPERIENCE IN COMMERCIALIZATION OF INTELLECTUAL AND INNOVATIVE TECHNOLOGIES

Andrii Ievsieiev
1 citations
Actual problems of improving of current legislation of Ukraine
Business and Economic Development
0.71
article

RESEARCH OF FOREIGN EXPERIENCE IN COMMERCIALIZATION OF INTELLECTUAL AND INNOVATIVE TECHNOLOGIES

Andrii Ievsieiev
article en
1 citations

Abstract

Abstract. The article studies foreign experience in commercialization of intellectual and innovative technologies in the activities of industrial enterprises. It is determined that synergistic interaction between universities, research centers, business and government is the basis for the formation of innovation ecosystems. At the same time, an important factor is state support in the form of grants, tax breaks, as well as promotion of venture financing, which stimulates the development of innovative enterprises. It is substantiated that the infrastructure for innovation (technology parks, business incubators and accelerators provide the necessary conditions for startups and young companies) in foreign enterprises has a significant impact on the efficiency of technology commercialization only if there is an effective patent system and intellectual property protection mechanisms that contribute to the introduction of developments into production. Emphasis is placed on the fact that international cooperation and adaptation of best practices in the commercialization of innovations, taking into account local conditions, play a key role in the formation of a competitive innovation policy.

Actual problems of improving of current legislation of Ukraine(10(201))
Openalex Percentile: Top 18%
Business and Economic Development
0.71
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