Prospects for development and effective cooperation between education and business

The study of cooperation between education and business to achieve sustainable economic and social development is increasingly relevant. The understanding that education is a long-term process is at the heart of this collaboration. It appears to be a key factor in the formation of highly qualified personnel needed for both scientific and business development, leading to economic growth and competitive advantage. The university’s mission is to create highly qualified, knowledgeable, and capable specialists, with the necessary theoretical and practical training, willing and ambitious to improve in their chosen profession. The aim of this paper is to investigate the effectiveness of the relationship between science, education, and business – the three sides of the so-called “knowledge triangle”, leading to an increase in the competitiveness of each party in a dynamic business environment.