Regulation mechanism of innovative industry development on the basis of public-private partnership: the European experience

Typology of public-private partnership in the innovation sphere, the essence of which lies in the orientation of industrial enterprises in the mission or expanding segments of markets, is researched. We analyzed the tools of the 'Innovation Union' in the Strategy of socio-economic development of the EU in 2020, the “Europe 2020: Strategy for smart, sustainable and inclusive growth”. The EU framework“Horizon 2020” of research and innovation is studied. The main reasons of EU lagging in the innovation area are identified. The methods of regulation and stimulation of innovation development in EU members’ industry are analyzed on the basis of public-private partnership.