The universities and business cooperation — a look from the caucasus countries

Abstract Historically, the Caucasus has always been object of special interest dominant international actors due to its favourable geographical location. Such continues today. Despite difficulties in region (internal conflicts, different economic and political environments), countries-Georgia, Armenia Azerbaijan-are taking significant steps towards establishing close solid relations with European Union (EU), improving economy, politics. The purpose this article is analyse elements industry science cooperation. university business cooperation seen as a very complex field an important component country’s innovative ecosystem which long subject research analysis. presented provides for study innovation infrastructure countries Caucasus, mechanisms development businessm (UBC) process, particular importance these countries, are characterized by low rates competitiveness.