Abstract

The article is devoted to the study of various aspects of the formation of innovative strategies for the economic development of regions. The authors presented several variants of the definitions of the innovation strategy, essentially compared and analyzed them. Various approaches to the definition of the concept of economic strategy were considered, including G. Hamel and K.K. Prahalada, M.Yu. Porter, C. Macmillan, M.Mescon and A. Chandlenr, on their basis the author's definition was formed. Abstracts were formulated and the algorithms used to create a correct innovative strategy at the regional level were determined. The authors considered the structure of the region's innovation strategy as a connected system, identified key sections and provided explanations for them. The grouping of innovative potentials into 3 groups was also briefly described: the coefficients of promising opportunities, the resulting coefficients, as well as the request for innovative coefficients. The system of principles for the formation of the mechanism for implementing the strategy of innovative development of the region was graphically presented. In addition, the article described the structural elements of the mechanism for implementing the innovation development strategy at the regional level, including the mechanisms for creating conditions for interregional cooperation in the innovation sphere, mechanisms for financing innovation activities in the region, and mechanisms for improving the efficiency of the regional innovation process.

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