Testing the fruitfulness of the institutional environment for the development of innovative-entrepreneurial universities in Ukraine

Strengthening the integration of higher education, research, and innovation is a crucial requirement of time. The entrepreneurial university today is considered and analyzed as a promising model for their combination. The educational and scientific systems of many countries are faced with the task o...

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Main Authors: Andriy Stavytskyy, Oleksandr Dluhopolskyi, Ganna Kharlamova, Anatolii Karpuk, Valeriy Osetskyi
Format: Article
Language:English
Published: LLC "CPC "Business Perspectives" 2019-12-01
Series:Problems and Perspectives in Management
Subjects:
Online Access:https://businessperspectives.org/images/pdf/applications/publishing/templates/article/assets/12890/PPM_2019_04_Stavytskyy.pdf
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author Andriy Stavytskyy
Oleksandr Dluhopolskyi
Ganna Kharlamova
Anatolii Karpuk
Valeriy Osetskyi
author_facet Andriy Stavytskyy
Oleksandr Dluhopolskyi
Ganna Kharlamova
Anatolii Karpuk
Valeriy Osetskyi
author_sort Andriy Stavytskyy
collection DOAJ
description Strengthening the integration of higher education, research, and innovation is a crucial requirement of time. The entrepreneurial university today is considered and analyzed as a promising model for their combination. The educational and scientific systems of many countries are faced with the task of converging all vertices of the “knowledge triangle.” The problem of Ukrainian educational and scientific system is a necessity to implement the concept of formation of the innovation and entrepreneurial model of a modern university, which will enable the effective implementation of administrative reforms in this field. The article aims to analyze the impact of innovative environmental factors on the development of entrepreneurial universities in Ukraine, based on correlation and panel regression analysis. The method of quantitative analysis (panel regression) is used to formulate the key results of the article. The results show that the growth of government expenditures by 1% leads to an increase in the Global Innovation Index by 0.375 in 4 years. Also, every additional 1% of people working with new technologies increases the level of Global Innovation Index by 0.75 annually. Despite European trends, Ukrainian educational environment does not contribute to the development of innovation and entrepreneurial universities (the education expenditures are ineffective). The research provides a vector for understanding the implementation of the most effective strategies of promising innovation and investment development of education and science in Ukrainian universities, considering their existing potential and contemporary world trends of development.
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spelling doaj.art-2053c789975449588dcf5da481efa3942022-12-21T19:55:30ZengLLC "CPC "Business Perspectives"Problems and Perspectives in Management1727-70511810-54672019-12-0117427428810.21511/ppm.17(4).2019.2312890Testing the fruitfulness of the institutional environment for the development of innovative-entrepreneurial universities in UkraineAndriy Stavytskyy0Oleksandr Dluhopolskyi1Ganna Kharlamova2Anatolii Karpuk3Valeriy Osetskyi4Ph.D., Associate Professor, Economic Cybernetics Department, Taras Shevchenko National University of KyivDoctor of Economics, Professor, Economics and Economic Theory Department, Ternopil National Economic UniversityPh.D., Associate Professor, Economic Cybernetics Department, Taras Shevchenko National University of KyivDoctor of Economics, Professor, National University of Life and Environmental Sciences of UkraineDoctor of Economics, Professor, Economic Theory, Macro and Microeconomics Department, Taras Shevchenko National University of KyivStrengthening the integration of higher education, research, and innovation is a crucial requirement of time. The entrepreneurial university today is considered and analyzed as a promising model for their combination. The educational and scientific systems of many countries are faced with the task of converging all vertices of the “knowledge triangle.” The problem of Ukrainian educational and scientific system is a necessity to implement the concept of formation of the innovation and entrepreneurial model of a modern university, which will enable the effective implementation of administrative reforms in this field. The article aims to analyze the impact of innovative environmental factors on the development of entrepreneurial universities in Ukraine, based on correlation and panel regression analysis. The method of quantitative analysis (panel regression) is used to formulate the key results of the article. The results show that the growth of government expenditures by 1% leads to an increase in the Global Innovation Index by 0.375 in 4 years. Also, every additional 1% of people working with new technologies increases the level of Global Innovation Index by 0.75 annually. Despite European trends, Ukrainian educational environment does not contribute to the development of innovation and entrepreneurial universities (the education expenditures are ineffective). The research provides a vector for understanding the implementation of the most effective strategies of promising innovation and investment development of education and science in Ukrainian universities, considering their existing potential and contemporary world trends of development.https://businessperspectives.org/images/pdf/applications/publishing/templates/article/assets/12890/PPM_2019_04_Stavytskyy.pdfgovernment expenditureshigher educationindexesinnovationresearch and developmentuniversities
spellingShingle Andriy Stavytskyy
Oleksandr Dluhopolskyi
Ganna Kharlamova
Anatolii Karpuk
Valeriy Osetskyi
Testing the fruitfulness of the institutional environment for the development of innovative-entrepreneurial universities in Ukraine
Problems and Perspectives in Management
government expenditures
higher education
indexes
innovation
research and development
universities
title Testing the fruitfulness of the institutional environment for the development of innovative-entrepreneurial universities in Ukraine
title_full Testing the fruitfulness of the institutional environment for the development of innovative-entrepreneurial universities in Ukraine
title_fullStr Testing the fruitfulness of the institutional environment for the development of innovative-entrepreneurial universities in Ukraine
title_full_unstemmed Testing the fruitfulness of the institutional environment for the development of innovative-entrepreneurial universities in Ukraine
title_short Testing the fruitfulness of the institutional environment for the development of innovative-entrepreneurial universities in Ukraine
title_sort testing the fruitfulness of the institutional environment for the development of innovative entrepreneurial universities in ukraine
topic government expenditures
higher education
indexes
innovation
research and development
universities
url https://businessperspectives.org/images/pdf/applications/publishing/templates/article/assets/12890/PPM_2019_04_Stavytskyy.pdf
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