კონფერენცია

∘ Paata Koghuashvili ∘ Gennady Bagaturia ∘
PUBLIC-PRIVATE PARTNERSHIP IN THE FIELD OF INNOVATION: CURRENT SITUATION AND DEVELOPMENT PROSPECTS

Summary

The use of the mechanism of public-private partnerships is promising in such areas of activity as the introduction of low-waste and non-waste production technologies, the exclusion of the use of food additives hazardous to human health, etc. In these areas, the business is either not interested, or it has no desire to participate in such projects without the support of the State, due to the high science capacity of the projects, the duration of their implementation and the high risks associated with these provisions.

The current situation and prospects for the development of public-private partnerships in the agro-industrial complex of Georgia are investigated. Concrete recommendations and mechanisms for their implementation are given.

Keywords: Innovation; business; public private partnership.

Ivane Javakhishvili Tbilisi State University Paata Gugushvili Institute of Economics International Scientific C O N F E R E N C E S "ECONOMY – XXI CENTURY"

E ISSN 2587 - 4691	∘ Paata Koghuashvili ∘ Gennady Bagaturia ∘ PUBLIC-PRIVATE PARTNERSHIP IN THE FIELD OF INNOVATION: CURRENT SITUATION AND DEVELOPMENT PROSPECTS Summary The use of the mechanism of public-private partnerships is promising in such areas of activity as the introduction of low-waste and non-waste production technologies, the exclusion of the use of food additives hazardous to human health, etc. In these areas, the business is either not interested, or it has no desire to participate in such projects without the support of the State, due to the high science capacity of the projects, the duration of their implementation and the high risks associated with these provisions. The current situation and prospects for the development of public-private partnerships in the agro-industrial complex of Georgia are investigated. Concrete recommendations and mechanisms for their implementation are given. *Keywords:* Innovation; business; public private partnership.