Effectiveness of cluster interaction of education, science and business stakeholders in the innovation ecosystem

Abstract

The article considers the need for cluster interaction of stakehold-ers in education, science and business, which plays a key role in ensuring the in-novative development of the economy. The mechanisms of stakeholder in-teraction through clustering are analysed, which contributes to the for-mation of a sustainable eco-system for the integration of knowledge, innova-tion and business processes. The advantages of cluster interaction are de-scribed, including the creation of a synergistic effect, improving the quality of education, commercialisation of scientific developments and increasing the competitiveness of the economy. The research investigates the develop-ment and effectiveness of clusters in Ukraine, particularly through the Ukrainian Cluster Alliance (UCA), and outlines examples such as the Lviv IT Cluster, Kharkiv IT Cluster, IT Dnipro Community, Kyiv IT Cluster, and Odesa IT Family. Using multi-criteria analysis (MCA), the clusters are eval-uated based on institutional structure, financial mechanisms, innovative outputs, economic impact, and replicability. The challenges associated with clustering are considered, and prospects for improving interaction in terms of state support for innovative development are proposed. The study reveals the potential of cluster models to develop innovation ecosystems, increase re-gional economic competitiveness and support sustainable development. It suggests that Ukraine's experience with cluster development can serve as a basis for wider application, offering strategies to strengthen stakeholder en-gagement and promote innovative growth.