Abstract

In the article investigated the directions of innovative development of Ukraine. Today, innovation is a factor in the development of the economy at all levels, increasing its productivity and competitiveness, and globalization opens up new opportunities for the introduction of new technologies and knowledge. It is determined that innovations in modern conditions are significantly affected by globalization. With the intensification of competition in world markets, interest in innovation is growing, and the strategic benefits of globalization include the exchange of technology and innovation. One of the important indicators that characterize the innovative development of the country is the share of expenditures on research and development in GDP. It has been established that the last decade in Ukraine was characterized by low values of this indicator in comparison with the member countries of the Organization for Economic Cooperation and Development, with a simultaneous reduction, which negatively affects the competitiveness of the economy and its growth. It is investigated that according to the Global Innovation Index 2021, Ukraine ranked 49th, entering the top three among innovative economies among countries with below-average incomes. The indicators that negatively affect the rating of innovative development of Ukraine are determined. The downgrade of Ukraine indicates a decline in its innovation potential. It is emphasized that the introduction of an innovative model of high-tech development is a solution to the problem of technological gap and increasing the level of competitiveness of Ukraine is а state. Problems of innovative development in Ukraine are considered. The directions of the state's innovation policy are outlined: stimulating innovations at the state and regional levels, joining global innovation networks, attracting investments in research, improving the regulatory environment, setting priorities for innovation development at the state and regional levels, etc. It was stressed that Ukraine needs to create an effective mechanism for intensifying development, which will allow innovating its economy and further integration into the world economy.

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