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

Abstract

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.

Changes in the Tertiary Education System in Pandemic Times: Comparison of Ukrainian and Polish Universities

“…The paper (Stavytskyy, Dluhopolskyi, Kharlamova, Karpuk & Osetskyi, 2019) assesses the development of Ukrainian universities in the context of their incorporation into a the innovative-entrepreneurial model in the era of Education 4.0. The works (Szymanska & Klapkiv, 2019; Łyskawa, Kędra, Klapkiv & Klapkiv, 2019; Klapkiv & Klapkiv, 2018) discuss digitalization process and main cyber risks for institutions.…”

How the Economic Complexity of a National Economy Affects the Environment

“…The fourth industrial revolution, which has begun in the 21 st century, is based on the use of information technology in modern industrial production, the merger of material and virtual worlds, and the emergence of "smart" enterprises. With the help of the Internet of Things and artificial intelligence, the very same revolution in recent years has radically changed the possibilities of enterprise development in new conditions: from process optimization to access to new opportunities for both business and education (Marr, 2018;Stavytskyy et al, 2019;Zhylinska et al, 2020).…”

State funding of higher education as a factor of ensuring its quality: experience of the European countries

“…Indeed, if government spending on university funding increase by 1%, the Global Innovation Index increase by 0.375 over 4 years. Also, every additional 1% of people, who work with new technologies, annually increase the level of the Global Innovation Index by 0.75 (Stavytskyy et al, 2019).…”