INSTITUTIONAL (REGULATORY AND LEGAL) BASIS FOR COOPERATION BETWEEN UNIVERSITIES AND INDUSTRY (THE CASE OF MONGOLIA)

Cooperation between universities and industry in different countries has its own implementation specifics, but the goal of this cooperation is universal – to promote knowledge-based economic development. Industry are connected by innovations ideas create new products, state areas investment, strategic planning labor demand. government linked creating jobs, shaping taxes, implementing policies. Therefore, innovative development involves creation an interdependent, mutually beneficial effective model based on triple helix principle. The article considers current situation problems coordination program documents Mongolia field university context model.