Abstract
The object of research is innovative entrepreneurship and the main tendencies in its operation in the world.
 Investigated problem. The rapid development of innovative entrepreneurship necessitates are the identification and tracking of tendencies in this area.
 The main scientific results. The article identifies tendencies in the functioning of entrepreneurship in the context of technological progress. The main subsystems of an innovative enterprise are characterized. The dynamics of frontier technologies market indicators in the context of innovative entrepreneurship is analyzed. It is noted that the transformation of the structure of the global market of advanced technologies is accompanied by increasing disparities in technological and financial development between countries. The inconsistency of national goals with global ones in the field of frontier technologies is pointed out.
 The area of practical use of the research results. The results of the study can be used by representatives of the scientific community, authorities to understand global tendencies in innovative entrepreneurship.
 Innovative technological product Identified global tendencies in the functioning of innovative entrepreneurship can be part of technological development strategies.
 Scope of application of the innovative technological product: policy of regulation of innovation activity.
Highlights
Civilizational development of the late II–early III millennium was characterized by increasing tendencies of globalization
The COVID-19 pandemic, on the one hand, has significantly slowed down the process of globalization due to the closure of borders between countries, restrictions on economic activity, it has affected the transformation of the global market, including innovation
The pandemic has become a catalyst for innovation in certain sectors of the economy, including biotechnology, robotics and others
Summary
Civilizational development of the late II–early III millennium was characterized by increasing tendencies of globalization. It causes the rapid spread of innovation in the world, regardless of the country of manufacture. Globalization makes it possible for innovative business entities from different countries to cooperate, and sometimes virtual communications are enough for such cooperation. The COVID-19 pandemic, on the one hand, has significantly slowed down the process of globalization due to the closure of borders between countries, restrictions on economic activity, it has affected the transformation of the global market, including innovation. The pandemic has become a catalyst for innovation in certain sectors of the economy, including biotechnology, robotics and others
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