Economic substance of the innovative university model

Subject. The article discusses the creation of innovative universities. Objectives. The study aims to form an econometric model of innovative university. Methods. The evolution of university models and systematization of the types of organization of research activities of universities are obtained by the method of abstract modeling. The econometric model of innovative university is obtained by the method of economic and mathematical modeling. Results. The study underpins the economic substance of the innovative university model, offers a conceptual model to classify the types of organization of scientific activities of universities, based on two criteria: the share of extra-budgetary income in the total income from scientific activities, the income from scientific activities per employee. Conclusions. The advantages of the proposed classification are the reflection of the essence of various university models, including a promising model, i.e. the model of innovative university, as well as informativity, visibility, simplicity.