TRIPLE HELIX MODEL OF INNOVATION: UNIVERSITY, INDUSTRY AND GOVERNMENT INTERACTIONS

There has long been cooperation between university, companies and government, and this relationship has helped generate new knowledge, transfer technology and create incubators of small and medium enterprises (SME), and spin-offs. The Triple Helix model, which is the focus of this research, represents a new paradigm for the university within this three-way relationship, with the development of the entrepreneurial university concept. In fact, business-minded universities have grown significantly in socio-economic terms, with the development and registering of patents, as well as in activities related to spin-offs. Spin-off companies created from universities help transfer knowledge and scientific research to the business sector, and facilitate communication between universities, the market and society. In recent years, technological change and cooperation between business and universities have become increasingly important. Competition in business, and the need for companies to collaborate more closely, is reshaping universities in terms of the research they undertake and their relationship with the state.