Improving regulatory directions for financial stimulation of innovative investment in the European Union

Abstract

The object of this study is the existing systems of regulatory identification of forms and methods of financial support and stimulation of innovative investment within the European Union. For the purposes of the study, existing approaches to determining the content of state policy in the field of innovative investment within the European Union were summarized. The existing methods and procedures of financial stimulation and innovative investment have been studied, their advantages and disadvantages were determined. It was established that the existing systems of support for innovative investment do not fully meet the needs of participants in innovative relations. The expediency of improving the existing methods of regulatory fixation of methods of financial stimulation of innovative investment is substantiated. The concept of the structure of the regulatory policy of innovative investment within the European Union has been proposed. Directions for improving current international agreements and treaties of the European Union in the field of innovative investment have been formed in the part related to the formation of a system of means of financial stimulation of innovative investment. An indicative system of promising means, methods, and techniques of financial stimulation of innovative investment has been defined. The research is aimed at the formation of general theoretical foundations for improving the regulatory system of innovative investment, as well as the analysis and systematization of existing methods and techniques for identifying means of financial support for innovative investment. The research results could be used in the formation of international regulatory acts, acts of the national level, and serve as a basis for further scientific research on these issues