ABSTRACT: This study examined the role of financial investments in shaping collaborative innovation within the Triple Helix ecosystem, focusing on the interaction between universities, industries, and government in the Information Technology (IT) sector. By analyzing the patterns of financial flows, their impact on IT innovations, and the challenges faced in financial collaboration, the study explored how these investments drive technological advancements, job creation, and competitiveness. Data was collected from 312 respondents, representing various stakeholders across the Triple Helix, to assess the effectiveness of financial allocation, the correlation between investment and innovation output, and the barriers hindering efficient collaboration. The findings revealed significant contributions from all sectors, though disparities in financial contributions and bureaucratic challenges posed obstacles to optimal collaboration. The study concludes by offering recommendations to enhance the efficiency of financial flows and encourage further investment, ultimately aiming to foster a more dynamic and inclusive IT innovation environment.

Keywords: Financial Investments, Triple Helix Model, Information Technology (IT) Sector, Technology Commercialization, Social Responsibility, Sectoral Collaboration, Bureaucratic Challenges, Financial Flows, Technology Integration.