Indicators for assessment of the development of a university’s innovative activity as a factor in its competitiveness in the national and international markets

The main aim of the paper is to reveal the nature and degree of influence of various indicators defining the level of development of a university’s innovative activity. The paper presents an approach under which a university's innovative activity is defined by the key directions of development: scientific research, educational, and administrative. The authors also argue for the need to evaluate not only the results of a university's innovative activity but also the process of creation of innovative products and services and innovation potential. As a result of the conducted research, the authors conclude that some elements of a university's innovative activity affect it to a greater extent than anticipated, particularly the elements of administrative innovations, the “process” stage of innovative activity, and interaction with partners.