Abstract
The article is devoted to the theoretical and procedural features of the intellectualization of economic processes. Definitions of "innovation" are given. It has been found that most definitions view innovation as a new (or significantly improved or modified) product. The most optimal formulation of this definition is singled out, namely: "innovation" is an innovation that consists in the creation and implementation of new (or significantly changed) ideas, principles or product. It is determined that at the enterprise level is especially important intellectualization of economic processes. The difference between similar terms "knowledge economy" and "human capital" is established. The tabular form shows the features of the future man in the labor market, organizations and HR. Employers have been found to understand the demands of the new age (artificial intelligence, general automation and robotics development) and to implement jobs that are more multidisciplinary and digitalized. It is determined that in the XXI century the role of education is becoming increasingly important. It was found that innovative development is key to the successful development and intellectual development of the domestic economy. It is determined that Ukraine has significant potential for innovative development, despite low current R&D costs. It is studied that the impact of human resources and employment on Ukraine is the strongest innovation dimension, while the links and innovation environment are the weakest. The problematic conditions for the development of the innovation sphere have been studied: the complexity of doing business (Ukraine ranks 64th in the Doing Business ranking); bureaucratic procedure for obtaining patent documentation; underdeveloped intellectual property rights; insufficiently comfortable business climate; low share of foreign foreign investment; unresolved issues of IT enterprises. It was found that countries can improve their innovation capacity by comparatively analyzing their effectiveness, using strengths and eliminating weaknesses in innovation, as well as by studying best practices in countries that are becoming leaders in innovation at all income levels.
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