Abstract
The foreign experience of innovative activity of regions shows that, the creation of regional investment and innovative formations is in full swing in foreign countries, which are the core of the overall European success in policies aimed at creating, implementing and promoting new technological ideas materialized in a product. The assessment of investment and innovative activity of regions in foreign countries is provided by the compound innovation index IUS 24, which includes 24 indicators. An analysis of the approaches of domestic economists showed that they all use approximately the same set of absolute and relative indicators with different approaches to calculating the integral indicator. Currently, there are various simple and comprehensive approaches to assess regional innovation potential. The analysis of the applied methods showed that both domestic and foreign practice uses a wide range of indicators to assess innovation potential of both a single country and its regions. At the same time, there are disagreements even among experts, for example, which socio-economic indicators should be considered key ones to ensure innovation, how they are formed, etc. The study substantiates the feasibility of applying a mixed approach to assess regional innovation potential, provides an approximate system of key indicators of innovation efficiency at the micro level, as well as a system of absolute and relative indicators for assessing regional innovation potential, and offers an integral indicator of a comprehensive assessment of regional innovative activity. The proposed methodology allows selecting priority areas and measures to enhance regional innovation potential.
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