Abstract
This article explores the nature and characteristics of the innovation economy, its place and role in the world economy. Considered the world experience of regulation of innovative development in the context of the challenges of global competition. Determined methodological basis for the formation of international competitive advantages of the country in the global innovation space. Proved that the innovative development of national economies under global transformations due to the necessity of forming a model of open economy, which would be competitive and innovative optimally combine the available internal resources of the economic system and the benefits of international cooperation in the field of innovation in the increasingly global competition. Proved that innovation in terms of one of the key factors in international competitiveness of national economies is their innovative capacity, which reflects the potential for the creation and use of modern innovative technologies. The efficiency of the national innovation system primarily depends on a complex system of interaction between enterprises that produce innovative products, research organizations to develop and help implement into production new products and technologies, which allows to optimize the use of available resources innovation and create effective innovative environment that is catalyst for generating new innovative technologies. Grounded conditions and factors of formation and development of innovative economy in Ukraine. A public policy measures that aim to transform the transformation of the national innovation system, the development of innovative potential and a favorable investment climate, innovative and innovation environment in Ukraine.
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