The algorithm to ensure and implement the strategy of the effective management of innovation processes

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We considered the implementation of the effective management strategy of the innovation process from the point of view of its integration and existing problems. We have marked the role of priorities that explain the interrelation of the levels of the state planning and the innovation processes management of socio-economic systems. We have shown the substantive part of the strategic planning and the role of the tools ensuring the achievement of goals and objectives of innovation processes. We have summarized the content of the strategic planning. The research results of the tools role determined the conditions of the innovation infrastructure formation and the list of its components. We used the following tools for the analysis: direct government influence; unity of monetary and fiscal policies; consolidated revenue policy; reforming of the conditions, the traditions and the practices of interaction between the banking and real sectors of the national economy. We applied a retrospective approach during the analysis of the innovation infrastructure algorithm. The authors made the correction of the analysis using the concept of national innovation systems (NIS). We made the conclusions based on the author’s point of view due to the lack of a generalized definition and the methodology of the NIS in the academic literature. We proposed a lineal algorithm that provides and implements the strategy of managing the innovation processes, as well as the tools. We highlighted the factors that prevent the problems in the formation of an effective management, and we have also pointed out that it is necessary to take into account the specific conditions of the country, its trends and challenges. Based on the analysis, we named the additional features to trace the management problems. We suggested the measures to ensure the greatest effectiveness of the implementation of the effective management strategy from the standpoint of mentality and timeliness. The author's algorithm has been justified as the most feasible in the modern conditions, revealing the existing interrelations between the subjects of the innovation process.