Science parks as participants of innovation relations in the context of new socio- economic challenges

The article considers science parks as an effective form of participation of higher education institutions and research institutions in innovation relations. The author emphasises that higher education institutions and research institutions are the generators of all innovation processes in society, and therefore the creation of science parks with their participation is an effective platform for the development and implementation of innovations. Science parks are a legal instrument for obtaining funding for the activities of higher education and research institutions. As a result, science parks are legal entities in which society is most interested. Therefore, the author defines science parks as legal entities with special social value.

The article emphasises that while for a classical entrepreneurial legal entity the symbiosis of private and public interests characteristic of it is manifested in the dominance of the former, the legal nature of science parks determines the priority of public interests, which is manifested in the functions of a science park established by law.

Legislation is based on special legal regulation of science parks which are established and operate in one of the forms of economic partnerships. The article notes the evolution of legal regulation of science parks. The author emphasises that the first version of the special law emphasised public law mechanisms for regulating science parks. The law established an exclusively permissive procedure for the establishment of science parks, a higher education institution or a research institution could be the founder of only one science park, and the form of a science park was not defined. The current version of the special law is marked by changes in the direction of private law approaches to the regulation of science parks. The law clearly defines that science parks are created and operate in the form of business entities, and removes