RECOMMENDATIONS FOR DEVELOPING THE REGION'S INNOVATION INFRASTRUCTURE WITH A VIEW TO IMPROVING ITS OPERATIONAL EFFICIENCY

Abstract

The article examines the main directions for the development of production and technological innovation infrastructure as a vital component in shaping a competitive economy. The authors emphasize the necessity of regulatory and legal support, including the adoption of a specialized law that would unify terminology, consolidate objectives, and increase operational efficiency. A two-tier regulatory model is proposed, combining national and regional approaches to allow for the integration of social, cultural, and geographical characteristics while maintaining consistency across the country. Considerable attention is given to the creation of a monitoring system and statistical data collection based on geoinformation platforms, which will improve transparency and decision-making. The paper highlights the financial sustainability of management companies and the need for stronger control over budgetary expenditures, thus reducing inefficiency and potential losses. The authors argue for the improvement of performance assessment methodologies, focusing not only on the infrastructure as an economic entity but also on its impact on the socio-economic development of regions. The DEA method is suggested as an effective tool for setting resource and output targets to raise the technical efficiency of technology parks. Mechanisms to attract residents are explored, including access to advanced equipment, tax and property incentives, expanded services, and enhanced information transparency. Further recommendations concern the development of property complexes, engineering, social, and service infrastructure, as well as the use of public-private partnerships and external investments. The article also stresses the importance of fostering R&D investments through intellectual property protection, venture financing, subsidies, and grant schemes. The practical significance of the study lies in the applicability of its recommendations for management bodies of innovation infrastructure facilities and public authorities involved in policy-making in the field of regional and national innovation system development.