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Public-Private Partnership As A Mechanism To Stimulate Innovation In Belarus Republic

Figure 1: The scheme of interaction of the subjects of the industrial-innovative cluster for the implementation of innovative developments (Source: elaborated by the authors). Note: where 1 - scientific and innovative developments; 2.3 - an online system for the exchange of information on innovative development provided to the agency, evaluation of proposals for the implementation of innovative products on the principles of public-private partnership, in accordance with the requirements of the legislation; 4 - request for innovative developments; 5 - providing advisory, informational and methodological support on the development of public-private partnerships, including the preparation and implementation of innovative developments, information on innovations that may be of interest to the investor, other issues that are within the competence of the Center; 6 - the flow of investments in fixed assets, their priority direction in innovation; 7 - practical implementation of innovations in production; 8 - implementation of innovative developments, export growth; 9 - profit from the implementation of innovative developments, obtaining other economic preferences; 10 - the social effect of society on the use of innovative products (services); 11 - compensation of the costs of creating innovative developments, obtaining financial benefits by scientists, creating conditions for stimulating innovative activity.

The scheme of interaction of the subjects of the industrial-innovative cluster for the implementation of innovative developments (Source: elaborated by the authors). Note: where 1 - scientific and innovative developments; 2.3 - an online system for the exchange of information on innovative development provided to the agency, evaluation of proposals for the implementation of innovative products on the principles of public-private partnership, in accordance with the requirements of the legislation; 4 - request for innovative developments; 5 - providing advisory, informational and methodological support on the development of public-private partnerships, including the preparation and implementation of innovative developments, information on innovations that may be of interest to the investor, other issues that are within the competence of the Center; 6 - the flow of investments in fixed assets, their priority direction in innovation; 7 - practical implementation of innovations in production; 8 - implementation of innovative developments, export growth; 9 - profit from the implementation of innovative developments, obtaining other economic preferences; 10 - the social effect of society on the use of innovative products (services); 11 - compensation of the costs of creating innovative developments, obtaining financial benefits by scientists, creating conditions for stimulating innovative activity.
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