Innovation potential of region’s economics tranformation on the basis of partnership and interaction

The article regards the essence of region’s economics transformation on the basis of partnership and interaction. It points out that region’s economics transformation is connected with the concept of partnership and interaction which presupposes maximal satisfaction of needs of regional economics on the basis of organic mutually beneficial long-term interaction of main “actors” of regional markets and partnership interrelations among them; that in its turn will foster implementation of interests of region, each participants and solution of common regional problems. Innovation potential is determined by capacity of regional economics subjects to implement and disseminate the achievements of science and technology in social and economic spheres, develop organizational forms of innovative activity, manage the activity of subjects involved in creative, inventive, rationalization, licensing, educational activity. It also determines the impact of innovation potential to transformation processes in the region.