Legal basis of formation and development of innovative potential

Abstract

Problem setting. Effective innovation is possible only if the relevant subjects use the entire arsenal of innovation resources. At the same time, the issues of using the innovation potential are becoming increasingly important, especially in the context of the need to intensify innovation as a challenge to the global economy. Analysis of recent researches and publications. The work of many scientists, such as M. Bondarchuk, M. Voynarenko, V. Grishko, V. Zakharchenko, O. Ovechkina, V. Stadnyk, O. Arefieva, V. Vitlinsky, N. Goncharova, V. Medinsky and others. Article’s main body. One of the main principles of the state innovation policy is the creation of conditions for the preservation, development and use of domestic scientific, technical and innovative potential. Innovation potential is a key factor in economic growth, taking into account the priority of supporting research (which is one of the foundations of innovation potential) and creating an effective infrastructure that will facilitate the commercialization of innovation results. The concept of innovation potential is one of the key concepts of the categorical apparatus of innovation research and is a key factor of economic growth, but in modern legal and economic literature and current national legislation there is no clear definition of its concept, structure and powers of certain government agencies to ensure its development. Conclusions and prospects for the development. The effectiveness of innovation directly depends on a certain innovation potential, which in its structure is a system of interrelated factors and resources that ensure effective innovation. Therefore, to ensure the appropriate level of formation and development of innovation potential, first of all it is necessary to: create an effective innovation infrastructure that will promote the commercialization of innovation results; directing the state policy on the use of intellectual resources in order to develop high-tech industries and create favorable conditions for the intensification of innovation; improving the regulatory and legal support of innovative economic development.