INSTITUTIONAL MECHANISM OF PUBLIC-PRIVATE PARTNERSHIP IN THE SPHERE OF REPRODUCTION OF INNOVATIONS

Author(s): Salikhov B.V., Salikhova I.S., Zhukov A.О.

Rubric: Economy

DOI: 10.21777/2587-554X-2025-3-7-18

Release: 2025-3 (54)

Pages: 7-18

Keywords: public-private partnership, mobilization economy, tacit knowledge, intellectual property objects, power-property system, institutional mechanism, institutional entrepreneurship

Annotation: The article develops an approximate version of the model of institutional transformation in the sphere of repro- duction of innovations through public-private partnership (PPP). The growing need for the said transformation is substantiated, and the general outline is proposed and the organic integrity of the proposed institutional transformations in the sphere of development of relevant partnership relations between the state and business is characterized. The necessity of a qualitative update of the constitutional “rules about rules” for the forming of new institutions in the sphere of PPP, ensuring the expanded reproduction of cognitive and product innovations, is proven. The critical role of the power-ownership system in increasing the efficiency of PPP, based on civil society and the rule of law, is considered. The key role of the intellectual firm in the general structural model of the institutional mechanism of public-private partnership in the sphere of innovation creation and, in general, the development of innovative relations in the modern economy is verified. The institutions that ensure the creative focus of the new model of partnership relations between the state and private business in the context of increas- ing complexity are characterized.

Bibliography: Salikhov B.V., Salikhova I.S., Zhukov A.О. INSTITUTIONAL MECHANISM OF PUBLIC-PRIVATE PARTNERSHIP IN THE SPHERE OF REPRODUCTION OF INNOVATIONS // Economics and Management. – 2025. – № 3 (54). – С. 7-18. doi: 10.21777/2587-554X-2025-3-7-18