GOVERNANCE OF REGIONAL INNOVATION SYSTEMS THROUGH KEY PERFORMANCE INDICATORS

Abstract

The governance process of regional innovation systems requires outcome-based measurability of actions. These managerial outcomes are reflected in the functions of goal-setting, organization, control, and motivation. Therefore, governance decisions aimed at fostering the development of regional innovation systems must be made along the lines of these functional dimensions.

The article substantiates the formulation of indicators for economic innovation systems, which enables the outcome-oriented measurability and monitoring of regional innovation system (RIS) development, and allows for the adoption of appropriate decisions based on progress achieved.