Public, private and academic sector interaction for high technology development

Abstract

Successful development of high technologies due to its specifics and complexity of the problem to be solved is pursued on the basis of ‘triple helix’ model. Scientific researched has proved that the same development model may work differently in each country or region since ‘triple helix’ effectiveness immediately depends on system elements and the interaction complexion and intensity of participating elements. Thus, the article aims to identify the key factors affecting high technology development through functioning of the system including public, private and academic sector interaction. For that purpose a scientific approaches has been studied. Finally, the results of the analysis have been verified by science-based methods.