Abstract

The main aim of this research was to search for relevant indicators and effective instruments for modeling the impact and institutional management of the regional innovation system for its balanced development. The objective of the study was to justify approaches for institutional management elaboration for balanced sustainable development of regional innovation systems regarding related factors and the needs of the region. The methodology of cognitive modeling and scenario impulse modeling are used for the analysis of the interconnection between the regional innovation system and higher education institutions and developing an instrument to diagnose the problems of no-congruence and improving the institutional management elaboration in the regional innovation policy. The analysis of system indicators of the cognitive map allowed to define the basic patterns in the regional system, determine the most significant factors and relationships for the economic system of the region and visualize them in the form of a cognitive map, identify the influence of the innovation environment elements on the target indicators, quantify its positive and negative impact, forecast and determine the directions of its improvement and enhancing the interaction of regional actors. The results of the study have practical value for use in improving institutional management in planning reforms and transformations of regional innovation systems.

Highlights

  • For the dynamic innovative development of any country, research and development (R&D) resource support and institutional interaction between all participants of the national innovation system is necessary

  • The academic contribution of this research consists of using the methodology and tools of cognitive modeling and scenario impulse modeling for analysis of the interconnection between the regional innovation system and higher education institutions and developing an instrument to diagnose the problems of no-congruence and improving the institutional management elaboration in the regional innovation policy

  • Modern approaches to regional innovative development shift the emphasis of politics towards improving interactions between actors in the economic system and consider interactive processes in the creation, dissemination and use of knowledge as a driver of innovative development

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Summary

Introduction

For the dynamic innovative development of any country, research and development (R&D) resource support and institutional interaction between all participants of the national innovation system is necessary. The effectiveness of the national innovation system as a set of national state, private and public organizations and the mechanisms of their interaction can be assessed from the perspective of the ability of the system to effectively carry out activities of creating and disseminating knowledge and new technologies [1,2,3]. Modern approaches based on open innovations shift the emphasis of politics towards interactions between actors of national innovation systems and consider interactive processes in the creation, diffusion, and use of knowledge.

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