PUBLIC-PRIVATE PARTNERSHIPS AS A FUNDAMENTAL ELEMENT OF THE INNOVATION SPHERE OF THE REGION

The article examines the mechanism of the public-private partnership effect on development of the territory, which consists in providing necessary development resources within the partnership. The author attempts to develop an approach to development of the territory using the tools of public-private partnership. The object of partnership for the state is basically immaterial interest: growth of volumes and improvement of the quality of rendered services in the infrastructure and socialoriented industries; development of local markets of capital, goods and services. Coordination of efforts of the government and business structures acts as an effective tool for economic and social development of the territory, as well as the means of attracting resources in the infrastructure projects.

economics, innovative development, publicprivate partnership, state, business structures, partnership, modernization, regional economy, management, innovation infrastructure, innovation potential, economic growth.

Bodzhaeva V. V., Slobodchikova I. V. Public-private partnerships as a fundamental element of the innovation sphere of the region // Business. Education. Law. Bulletin of Volgograd Business Institute. 2016. No. 4 (37). P. 147–150.