innovative partnership, innovative process, business model of the innovative partnership, innovative mediator, innovation commercialization


Abstract. The article is focused on finding a new and modification of the existing paradigms of the innovative and investment partnership formation. The article studies the perspective key members of innovative partnership, their roles and possible cooperation effects. The attention is focused on the choice of directions of the innovative process realization depending upon the comparative assessment of approaches and the innovation commercialization expenses. The author outlines the direct and indirect form of the innovative partnership: «enterprise — university» and «enterprise — innovative mediator — university».

The analysis of the profit-making channels in each chosen type of cooperation is provided. The globalization and capital concentration platforms preceding the integration partnership agreements are outlined and analyzed.

To build up a separate adaptive paradigm of the innovative partnership the factors of the inner and outer environment forming the barriers for the realization of successful innovation partnership models are analyzed.

It was found that one more factor to be considered when choosing the forms of innovative partnership between the parties concerned is the payback from the innovation commercialization, Its amount will be impacted by the objective factors of the currency depreciation in time, level of the sci-tech progress development, facilitation of the state policy, selected priorities of the national strategies, etc. Concerning the subjective factors, they fall within the variety of behavioral characteristics of an individual.

It is stated that the formation of the innovative partnership is closely connected with the regional peculiarity of the location of enterprises, institutions and organizations. It is suggested to outline the innovative export-oriented and innovative import-dependent regions of the country. This feature will cover the possibilities of acquisition of innovations, knowledge and experience, and resources for their realization from the inner and outer markets.

One of the factors of the commercial success achievement with the chosen form of the innovative partnership is the Blue Ocean Strategy which will allow studying the market more in detail and find the market niches in need of such new integrative formations. The incorporation of spin-off and spin-out companies is outlined as an efficient direction of the innovative partnership grounds realization.

The article was prepared with the application of the following methods: expert appraisal, analysis and synthesis, economic experiment and scientific abstraction as well as graphic and logical methods.

Keywords: innovative partnership, innovative process, innovation, business model of the innovative partnership, innovative mediator, innovation commercialization.

JEL Classification L26

Formulas: 0; fig.: 3; tabl.: 2; bibl.: 12.




How to Cite

Kuznyetsova, A., Kozmuk, N., Klipkova, O., & Stetsevich, A. (2021). STRUCTURAL PARADIGM OF INNOVATIVE AND INVESTMENT PARTNERSHIP. Financial and Credit Activity: Problems of Theory and Practice, 2(37), 351–361.



Economic-theoretical aspect of Financial Credit System's development