Abstract
Many governments try to promote organizing the partnership and cooperation of national innovation system actors because these processes have a significant positive impact on this system. The collaboration between science and business is becoming central for innovation-driven industries. The study aim is to identify the effects of the partnership and cooperation of firms with universities and research organization. The paper describes both positive and negative effects such as “mercantilization of knowledge” and academic capitalism. Also, the role of the universities and research organization as knowledge sources to the process of technological innovation creation is revealed. The analysis of the factors facilitating and hindering partnership and cooperation in innovation carried out. The result of the investigation is the classification of barriers to business-science collaboration.
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