THE MECHANISM OF COMMERCIALIZATION OF RESEARCH RESULTS AS A DIRECTION FOR THE EFFECTIVE IMPLEMENTATION OF THE STRATEGY FOR INNOVATIVE DEVELOPMENT OF HIGHER EDUCATION

Abstract

The article proposes a mechanism for the commercialization of research results as a direction for the effective implementation of the strategy for innovative development of higher education. It is argued that the commercialization of research results is an important source of filling the budget revenues of higher education institutions and the state in the first place, as well as a factor in attracting long-term investments in its research and educational activities. The main functional elements of the innovative development of higher education in the information economy through the commercialization of the results of their research are highlighted. Inconsistencies of Ukrainian legislation with respect to determining the owner of the results of scientific research are disclosed. To systematize such subjects on the basis of the analysis of the relationships in the direction of ensuring the innovative development of higher education by commercializing the results of scientific research, an organizational-functional model of ensuring the innovative development of higher education is proposed. Regarding the objects of commercialization, two approaches are considered, which are reflected in the structural and functional elements of our model of innovative development of higher education. As a result, five logically interconnected stages of the implementation of the commercialization mechanism have been disclosed, which is a step-by-step action plan combined with a continuous analysis of the results and their adjustment to optimize the commercialization process. Keywords: Education Economics, Innovative Development, Scientific Research, Commercialization of Scientific Research, Mechanism of Commercialization.