An important scientific and practical problem is studied - the development of a mechanism for the formation of a regional innovation subsystem. The exceptional importance of the effective development of innovative subsystems of the regions as the basis for accelerating scientific and technological progress and enhancing innovation throughout the country has been established. Various theoretical and methodological approaches to determining the essence and content of the regional innovative subsystem are analyzed, its specific characteristics are revealed. It is proved that the internal content of the functioning of the innovative subsystem of the region can be described by the action of the triple helix principle. At the same time, stakeholders interact within the framework of this subsystem in the process of generation, distribution and consumption of innovations. A mechanism is proposed for the formation of a regional innovation subsystem, which differs from the previously existing interpretation of its basic structural elements. The authors propose to consider the state authorities of the region as the leading center in this mechanism, whose task is to form the institutional environment for the formation and development of the innovative subsystem. The subjects of the development mechanism of the regional innovation subsystem are: the regional unit for innovative development; scientific organizations; educational organizations; business; local community. It is established that the stakeholders of regional development in the process of their participation in the development of the regional innovative subsystem pursue subjective group interests. This fact actualizes the need to ensure their effective interaction within the framework of this mechanism. The regional innovation subsystem acts as an object of the proposed mechanism as a basis for the sustainable development of the regional economy in modern conditions. The target guide of the proposed mechanism is the possibility of increasing the functioning of the regional innovation subsystem and creating favorable conditions for the development of the regional socio-economic system. The mechanism for the formation and development of the regional innovation subsystem is an important management tool to achieve the desired development indicators of the regional socio-economic system.

innovation, regional subsystem, regional economy, formation mechanism, innovative subsystem

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