Development Of Innovative Entrepreneurship Research Articles

Digital technologies in the work of a social enterprise

Introduction. The paper examines the peculiarities of the functioning of social enterprises in the conditions of new economic and social challenges in Ukraine. Under these conditions, social entrepreneurship is gaining more and more popularity. It is developing faster as an inevitable response to a difficult economic situation and an effective mechanism for overcoming them. The purpose of the paper is the justification of the need and further use of digital technologies in the activities of social enterprises: outlining the ways and providing recommendations for their use. Results. The essence of a social enterprise focused on achieving a social effect from its activity is studied. The components of a social enterprise are distinguished: social problem, social values, social goal, self-sufficiency, innovation, community involvement, social influence, and social effect. For a social entrepreneur, the primary criterion for success is "social influence". Modern challenges require social entrepreneurs to use the latest digital technologies to develop and maintain their businesses. The advantages of using digital technologies at the micro level are the automation of processes, increased labor productivity, professional and creative HR growth, the creation of innovative products, and reduced costs. Accordingly, at the macro level, these are the development of innovative entrepreneurship, cooperation with the international community of social entrepreneurs, participation in social entrepreneurship support programs, the opportunity to get a place with low competition, and the opportunity to find change-makers in the territory. A number of active programs to support the development of social entrepreneurship in Ukraine recommended by the Cabinet of Ministers of Ukraine are analyzed. Conclusions. The business component of social enterprises ensures their self-sufficiency and allows solving existing social problems. The use of digital technologies in the work of a social enterprise allows: optimizing enterprise costs, increasing the efficiency of business processes, elaborating production planning, improving customer service and taking a leadership position in the selected segment.

INNOVATIVE ENTREPRENEURSHIP AS A FACTOR OF THE DEVELOPMENT OF THE PROCESSING INDUSTRY

The development of modern innovative entrepreneurship is one of the main ways of Ukraine’s sustainable development. Innovations are a powerful tool that enhances its economic security and ensures competitiveness. Innovation is a driving factor in the development of both individual sectors of the economy and the entire economic system of any country. That is why the authors consider innovation as a factor in increasing the level of Ukraine’s competitiveness in the world market. The authors carried out a general assessment of the level of innovation in the domestic economy. The monitoring of the basic indicators of innovation was carried out based on a comparison of the positions of Ukraine and other European countries in world rankings, which characterizes innovative development. It was found that in 2021 Ukraine took 58th place in the Bloomberg Innovation Development Index. In 2022, it entered such rankings as the Global Innovation Index and the Networked Readiness Index, where it ranked 57 and 50, respectively. Ukraine lags far behind the advanced countries of Europe in the process of forming an innovative type of economic system. The authors found that the basis for ensuring the sustainable development of our state is the activity of processing industry enterprises. In recent years, the domestic processing industry brings about 10-11% of the total GDP. The authors note that it is advisable to define innovativeness as an extremely important and effective tool for improving the efficiency of the functioning of the business of the processing sector of the industry. The modern Ukrainian economy is characterized by the predominance of manufacturing enterprises with low-level technologies among the enterprises of the processing industry. For the period 2018-2020, the share of the number of innovatively active enterprises of the domestic processing industry was only 13.1%. However, despite the influence of various negative development factors, experts tend to believe that the development of innovative entrepreneurship in the processing industry, which will be based on the introduction of the latest innovative solutions in the production process, is important for the post-war recovery of Ukraine and strengthening its position in the world market.

Assessment of innovative development of small business and private entrepreneurship based on econometric models

Assessment of innovative development of small business and private entrepreneurship based on econometric models

Diagnostics of the development of innovation entrepreneurship in the regions

Diagnostics of the development of innovation entrepreneurship in the regions

Эволюция студенческого инновационного предпринимательства в России

All over the world, students are regarded as the most creative and driving force of innovative entrepreneurship. Technological entrepreneurship is an essential tool for the transition to innovative economic development. It is especially in demand in modern conditions, when the most sensitive and strategically significant blow to Russia is inflicted precisely in the technological plane. The purpose of the article is to analyze the evolution of student entrepreneurship in Russia in order to generalize the accumulated experience, identify promising areas for further development of youth innovations. Based on a significant historiographical analysis, the study of the documentary database, statistical data and qualitative content analysis of the official websites of nine universities, three main stages in the development of youth innovative entrepreneurship in Russia have been identified. The first stage is associated with the creation of student business incubators for the development of small innovative enterprises, the second - with an increase in the involvement of business incubators in the educational process, when universities begin to practice the protection of final qualifying work as startups, the third – with the beginning of the formation of a unified startup ecosystem of student technological entrepreneurship in Russia. The first results of the implementation of the federal project "Platform of University Technological Entrepreneurship" are summarized, achievements and problems are shown. Conclusions are drawn about the weak coverage of non-technical universities by innovative entrepreneurship, special attention is paid to new financial instruments aimed at commercializing the results of intellectual activity created in educational institutions and supporting student startups at earlier stages of development.

State Policy for the Development of Innovative Entrepreneurship: Experience of Ukraine

The article’s purpose is to analyze prospects for innovative development of entrepreneurship and generalize main directions of Ukraine’s state innovation policy. Research methods are: monographic analysis, system analysis, comparativelegal analysis, generalization, forecasting, etc. We substantiated the necessity for elaborating and implementing effective measures aimed at developing innovative entrepreneurship and increasing country’s innovative potential due to the improvement of legal tools of the state policy for developing innovative entrepreneurship. We emphasized that there is possibility to develop Ukraine’s potential of innovative entrepreneurship and strengthen commercialization of innovations due to the current legislation’simprovement, particularly through implementing European law norms into the national legal system. It is proven that the effective implementation of scientific technical progress achievements can occur only under condition of establishing cooperation between scientific and educational institutions and enterprises; due to well-chosen financial, organizational and regulatory measures to support innovations’ development and commercialization. It is concluded that formation of Ukraine’s modern innovation policyshould be based on the modernization of enterprises, active attraction of investments through participation in national and international projects, integration of information technologies into the production sphere and effective management solutions aimedat our state’s participation in global innovation processes.

СТРАТЕГІЧНІ ОБСТРУКЦІЇ В УПРАВЛІННІ РОЗВИТКОМ ІННОВАЦІЙНОГО ПІДПРИЄМНИЦТВА В ЗАКАРПАТСЬКОМУ РЕГІОНІ

AbstractThe article presents the obstacles to the development of innovative entre-preneurship as a strategic factor in the development of the regional economy of the Transcarpathian region. Obstructions, as well as positive factors, are the object of strategic management of the development of the region and the building of strategic competitiveness, which should be systematized in the following directions. The first ‒ the analysis of quantitative indicators that provide extensive characteristics of innovative activity in the region – indicates a reduction in the number of innovatively active enterprises. The reason for the reduction is the state and regional management ignoring the vital needs of entrepreneurs for institutional and financial support, which ensures the transformation of innovative activity into a strategic competitive advantage. In addition, there is a decrease in the rate of growth of the volumes of innovative products sold. This trend was influenced by the decrease in the number of innovatively active enterprises in the region, that is, the first reason. In addition, as a factor inhibiting the production of innovative products, it is possible to note the underdevelopment of solvent demand for innovative products.The next direction of the analysis of obstacles − the study of the investment climate and investment attractiveness of innovative business in the region − reveals low investment activity and reduction of costs in the field of innovative activity. The reasons for low investment activity are outlined as follows: the high cost of loans in Ukraine, which significantly complicates the financial activity of businesses and worsens the final financial results; lack of mechanisms for attracting public funds (crowdfunding and other methods); general investment climate in Ukraine and its regions. It is appropriate to consider that the investment climate is a more important component of strategic management in the region and the state.The third direction of the study of obstacles is the identification of the development of scientific activity and, accordingly, its impact on innovation activity. Within the framework of the analysis, a reduction in the number of people employed in the field of scientific and research work was determined, which is attributed to the lack of real state support for scientific activity.Among the ways of improving innovative entrepreneurship, it is recommended to highlight the development and implementation of the state strategy of innovative activity, which will provide financial and investment support for innovative business; impro-vement of strategic management of innovation activity in the region, formation of a regional innovation system; support of scientific activity in the region, etc.Keywords: innovative entrepreneurship, strategic development, region, strategic management, strategic competitiveness, development factors.

РОЛЬ МАЛЫХ ПРЕДПРИЯТИЙ В РОССИЙСКОЙ ИННОВАЦИОННОЙ СИСТЕМЕ

At present, the development of small and medium-sized businesses is one of the priorities of the state's economic policy. The transformation of advanced scientific and technical developments into a commercial product is facilitated, among other things, by small innovative enterprises. The article tells about the importance of small business in the formation of the innovative sector of the economy, considers the functions that are assigned to small business, the main indicators of the innovative activity of small enterprises and aspects related to the prospects for the development of innovative entrepreneurship in Russia.

ENSURING THE QUALITY OF BUSINESS PROCESSES IN THE THREECLUSTER GSI-MODEL OF AN INNOVATION ENTREPRENEURSHIP ECOSYSTEM

The article analyzes the quality assurance of business processes in the threecluster GSI-model of the innovative entrepreneurship ecosystem. Effective functioning of innovative entrepreneurship in Ukraine will ensure the implementation of its ecosystem model, which will improve the functioning and development of ecosystem entities based on ensuring the quality of its business processes. The paper proposes a threecluster GSI-model of the innovative entrepreneurship ecosystem, the implementation of which will ensure the sustainable development of innovative entrepreneurship in Ukraine thanks to the implementation of its components. Cluster G (generation) will ensure the generation of business ideas, cluster S (support) aims to support the development of innovative entrepreneurship, cluster I (implementation) implements developed innovative ideas. The article proposes a number of measures, the implementation of which will have a positive impact on the development of innovative entrepreneurship in Ukraine and the formation of its ecosystem. The basis of the development of innovative entrepreneurship is knowledge, science, intellectual capital and the high-tech sector of the economy. The implementation of the proposed measures in each GSI-model cluster will have a positive impact on the quality of business processes of the ecosystem of innovative entrepreneurship from the generation of a business idea to its implementation and commercialization. The effectiveness of business processes will depend on the creation of business ideas focused on the needs of consumers to their rapid implementation on the market and creation of value for consumers. The implementation of this model will significantly increase the functioning and development of innovative entrepreneurship, which will ensure an increase in competitive positions on the global market.

Розроблення дорожньої карти співпраці молодих учених і бізнесу в контексті формування екосистеми інноваційного підприємництва

Roadmap development is an important strategic planning tool. The article develops and proposes a roadmap for cooperation between young scientists and business in the context of forming an ecosystem of innovative entrepreneurship. The analysis shows that innovative entrepreneurship in Ukraine is developing at a slow pace, cooperation between young scientists and business is low. In the proposed road map, the data of the conducted sociological survey on the cooperation of young scientists and business are considered, and the modified coefficient of the development of innovative entrepreneurship is given. A roadmap consists of three stages, such as research preparation, roadmap development, and roadmap implementation. Each stage has structural elements that are specific steps in solving the problem. At the first stage, an analysis of data from a sociological survey on cooperation between young scientists and business was carried out, a modified coefficient of development of innovative entrepreneurship was given, a list of interested stakeholders was formed, a unified project management was determined, the setting of the project's goals was outlined, and the time required for its implementation was estimated. Sources of funding for the project were identified. At the second stage of the development of the road map, a plan of measures aimed at the realization of the set goals in the future was proposed, the key executors of the project and the necessary resource support were determined. The conditions of the normative and legal regulation of the project, the terms of implementation for each specific measure, the mechanism of action regarding the management and prevention of project risks are given. At the third stage, proposals for examination and approval of the road map, a plan for the implementation of the road map based on the evaluation of key indicators, and control over the implementation of the road map are defined. The conclusions state that the implementation of the developed road map project will promote effective cooperation between young scientists and business, which will positively affect the development of innovative entrepreneurship and the formation of its ecosystem.

Adaptation of successful world practices for increasing the innovative potential of Kazakhstan business structures

The article examines the foreign experience of the formation and development of the innovative potential of entrepreneurial structures. The purpose of this study is to develop new recommendations for the formation, development and stimulation of the innovative potential of entrepreneurial structures in Kazakhstan based on the analysis of foreign experience. Given the rather rich world experience in the formation and development of the innovative potential of entrepreneurial structures, many economists believe that if we implement successful world experience and take into account the mistakes of other countries, we can accelerate the process of forming an innovative economy. In the article, the authors highlighted the experience of countries such as the USA, Japan and the EU countries, since these countries are the base of modernization, it is there that the centers of advanced technologies are located. The study showed that the decisive role in the formation and development of innovative entrepreneurship is played by the state, which, on the one hand, establishes the rules for the functioning of the national innovation system, on the other hand, provides a resource component, including financing. Therefore, in Western countries, special attention is paid to issues of state support for innovative entrepreneurship. The article also discusses the practices of creating industry development (growth) centers that provide comprehensive scientific, technical, financial, production, and information support for the innovation activities of business structures, creating a single operator for the development of innovations by merging development institutions, creating an information retrieval specialized independent platform for advanced technologies and innovative developments, the so-called Innovation Observatory. This study made it possible to develop a number of recommendations that are most adaptive to Kazakhstan to stimulate the innovative activity of business structures.

Італійське «економічне диво»: успішний досвід управління повоєнним відновленням

The research is based on the historical experience of rebuilding Italy’s economy, destroyed as a result of World War II. The purpose of the article is historical and economic assessment of the process of restoration of the Italian economy in the post-war period for extrapolation of this experience in the revival of the economy of Ukraine at the present stage. The study results in analysis of the main reforms, highlighting the peculiarities of the Italian government’s economic policy and revealing the consequences of internal and external efforts in economic recovery, as well as substantiation of prospects of the use of this historical experience in modern Ukraine. The article analyzes the specifics of the post-war revival of the Italian economy by the government of Christian Democrats, who introduced a policy of strict regulation of the monetary system, state intervention in industrial policy, promoted the development of innovative entrepreneurship, creation of high-tech industries. It was proved that the agrarian reform, which laid the foundations for the formation of efficient farm production, helped market reorientation of agriculture in general. Italian experience of leveling regional imbalances in economic development for national integrity and unity is useful for Ukraine. The correlation of external patronage influence and internal efforts in the rapid rise of the Italian economy, which was called «economic miracle», was revealed. It is justified to use the strategy of economic development of the post-war Italy in preparing programs of economic reconstruction of Ukraine destroyed by the aggressive war of Putin's russia.

Modeling the influence of startup ecosystem components: Entrepreneurial aspect

Defining the basis for the development of a country’s start-up ecosystems as the basis for activating entrepreneurship is an urgent task of restoring the country’s economy. The purpose of this study is to identify ways to improve the country’s start-up ecosystem based on the construction of economic and mathematical models for activating business activities. The research methodology is based on statistical research methods, namely dynamics analysis; to assess the strength of the influence of each component of the start-up ecosystem on the change in position in the rating, regression correlation analysis was chosen, which allows identifying the strength of the influence of factors on the final indicator. The components of the start-up ecosystem were investigated, which means an interactive and interdependent set of institutions whose activities create an environment for the qualitative and quantitative growth of start-ups as subjects of innovative entrepreneurship development. The use of statistical analysis methods for the data of the countries, which were grouped into 5 clusters, allowed determining the absolute changes in the values of the Global Start-up Ecosystem Index rating indicators from Start-up Blink: rating change, quantitative component, qualitative component, business environment, general summary. Based on regression-correlation analysis, economicmathematical models were built, which describe the influence of the components of the country’s ecosystem on the change in the rating positions in the section of four clusters, demonstrating: a strong connection between the factors and the result (Clusters 2, 4). Weak connection for the countries of Clusters 3, 5, which indicates the dependence of the development of start-up ecosystems on other factors that are not considered in their description and which affect the development of start-ups and entrepreneurship in the countries of Clusters 3, 5. The practical value of this paper is that the results of the study can serve as the basis for the local and state authorities to form strategies to develop start-up ecosystems at the national and regional level

Prospects of state regulation of venture entrepreneurship in Ukraine

Using general and special scientific methods and generalized statistical data, the article reveals the essence of venture entrepreneurship, identifies the features and influence of venture investments on the innovative development of the Ukrainian economy in conditions of limited state resources. It has demonstrated the need to develop a strategy to improve the investment climate and expand venture investment in Ukraine, the main measures of which should include: improvement of the legislative framework; development of the innovation ecosystem in accordance with major global trends; formation of a favorable investment climate and tax regime for investors; development and implementation of new organizational and legal forms of venture investment; creation of conditions for the development of infrastructure units of the entrepreneurship ecosystem; formation of conditions for the development of innovative entrepreneurship in the real sector of the economy, as well as in the scientific and technical sphere, etc. It concludes with recommendations on the need to increase the volume of venture capital investments in high-tech projects with an emphasis on the defense industrial complex, IT sphere and construction, among others.

FORMATION OF VECTORS OF MANAGEMENT OF BUSINESS DEVELOPMENT OF RURAL AREAS

The article presents the results of research on the main indicators of business development management in rural areas. Accordingly, the theoretical and methodological principles of modeling rural business development management are formed and substantiated, in particular, the main problems of rural business structures development are identified, vectors in managing the development of existing rural potential are identified, approaches, methods, modeling tools are determined, which facilitates their selection and application. As a result of the study, a system of indicators for assessing the processes of differentiation of business development management, which comprehensively reflects its main characteristics, and is based on the calculation of an integrated indicator to assess the level of diversification of rural business, identify its parameters get options for combining results with the selection of alternative activities. The necessity of creating centers of economic growth by stimulating the development of innovative entrepreneurship in rural areas is substantiated and proved, first of all, due to the processes of diversification of business development management taking into account the specifics of a particular rural area. as well as their continuous improvement for the full use of the potential of each rural enterprise individually and the comprehensive development of local communities, increase new jobs, increase the competitiveness of rural areas and more.

PHENOMENOLOGY OF INNOVATIVE DEVELOPMENT OF ENTREPRENEURSHIP

The material presented in the article in order of logical presentation and content reveals the author's approach to the phenomenology of innovative development of socio-economic systems. The article examines the phenomenon of innovative development in socio-economic and philosophical discourse. The main goal of the study is to improve the system-functional approach to the innovative development of entrepreneurship using the phenomenological method. The application of the phenomenological model is proposed for the development of quick management decisions at enterprises that face non-standard problems in conditions of incomplete information, in particular, those that produce innovations. The research is based on empirical and theoretical, as well as special methods, namely, description and observation (innovative development is considered as the result of a combination of intellectual resources and information), analysis and synthesis, abstraction, generalization, induction, deduction, explanation and classification (improved philosophical – economic understanding of innovative development of targeted (socio-economic) systems, including entrepreneurship, classification features and types of innovative development are given). The main theories of innovative development include the basic and latest provisions of the theory of social development, systemology, economic theory of information, constructive logico-mathematical theories, institutional and neo-institutional economic theory, structural functionalism, management theory, strategic, production and innovation management, theory of values and costs. Scientific approaches to the definition of the concept of «innovative development» were analyzed, and the author's interpretation of this concept was developed on this basis.The author's definition of the category «innovative development» and «philosophy of innovative development» is provided. Conceptual support for innovative development of entrepreneurship is systematized.

Global Trend of Acceleration by Startups Innovative Changes in Industry 4.0

Problem setting. The question of the role and importance of startups in the processes of Industry 4.0 is gaining special weight in relation to the level of costs and the effectiveness of the changes that may occur. The problem lies in the development of technological entrepreneurship through startup activity and its impact on progress in Industry 4.0. Analysis of recent researches and publications. An in-depth study of many components of Industry 4.0 was conducted by A. V. Sheer, who determined that academic research is considered the most flexible in the development of startups, S. V. Voitko revealed the evolution of management theories in the context of Industry 4.0, provided the features of innovation management and the implementation of startups in Industry 4.0 , O. E. Kofanov claims that certain opportunities for the development of innovative entrepreneurship and startups in Ukraine are provided, in particular, by the gradual transformation of production processes under the influence of the concepts of “Industry 4.0” and the knowledge economy. Target of the research is development of theoretical provisions and practical recommendations for determining the role and importance of startups in Industry 4.0. Article’s main body. A significant characteristic of the changes taking place under the influence of Industry 4.0 is a reduction in the cost of communication, an increase in the efficiency of logistics and marketing, the introduction of innovative technologies and the opening of new sales markets for business entities. To solve the problem of introducing innovations in the conditions of Industry 4.0, the Google Trends search service was used, which provides statistics of interest in the topic of startups and Industry 4.0 at the same time. In the article, a search query was made in Google Trends for the topics “startup” and “Industry 4.0” for the time period of the last 12 months (as of June 30, April 2022) all over the world and Ukraine, with the selection of the average level of interest, as well as the priority region by which you can to measure the relationship between startups and Industry 4.0 topics. The average level of interest in the topic of startups in the world is much higher than in the topic of Industry 4.0, while in Ukraine interest in startups is still high, but lower than in the world. European Slovakia is singled out among the Asian leaders. Israel is an example of a fast-paced startup movement operating in the Industry 4.0 ecosystem. For the national level in Ukraine, it is necessary to stimulate the development of technological startups in parallel with the creation of the Industry 4.0 ecosystem itself, which will be able to support them. For this, international experience should be used, as well as the best system integrators to establish, in particular, the priority of actions. Conclusions and prospects for the development. The conducted studies showed an insufficient level of awareness and interest in the topic of startups and Industry 4.0 technologies in the world. The proposal is to prioritize change in those industries that will have the greatest demand in both the wartime and postwar economy, which can be done with Google’s tools to reduce the cost of information resources to accelerate transformational change.

EUROPEAN INTEGRATION DEVELOPMENT PLATFORM OF INNOVATIVE ENTREPRENEURSHIP OF UKRAINE

The fundamental processes of innovation of the global economic system and the dynamic development of industry 4.0 put forward among the strategic priorities of economic development of Ukraine the development of domestic innovative entrepreneurship as one of the main tools for the inclusion of Ukrainian companies in the global value chains. Systemic development of innovative entrepreneurship implies both maximum mobilization of the national scientific and technical resource and its deep integration into European innovation networks. Study of the system of factors related to the development of innovative entrepreneurship on the GDP of Ukraine, and justification of the key directions of its development based on the implementation of tools and mechanisms provided by the Association Agreement between Ukraine and the European Union. An integrated methodological approach based on the use of general scientific and special methods of scientific research, primarily economic and mathematical modelling and extrapolation, as well as statistical and graphical methods in the processing and synthesis of statistical data and their reflection. The conducted econometric analysis showed that the most significant impact on GDP is exerted by such factors of development of innovative entrepreneurship as total expenditures in the areas of innovation, research and development, purchase of machines and equipment and software, introduction of innovative products, investment in fixed capital. Full-scale implementation of the tools for the development of innovative entrepreneurship, laid down in the Association Agreement between Ukraine and the European Union, will ensure the dynamic spread in the Ukrainian economy of new forms of research and development (R & d), large-scale implementation of their results in economic practice, as well as the intensification of international technological transfer of domestic economic entities.

Мировые рейтинги как инструмент оценки эффективности инвестиций в инновации и выбора стратегии развития

The article discusses the methods of compiling world rankings related to innovation activity and doing business, in particular, the Global Innovation Index, the Bloomberg Innovation Index Rating of Innovative Economies, the Ranking of countries in the world by the level of global competitiveness according to the World Economic Forum and the Institute of Management, the Doing Business Rating. A factor-by-factor analysis of the position of the Russian Federation in these ratings for a certain time period has been carried out, the strengths and weaknesses of the innovation system in Russia have been investigated. Data from almost all ratings indicate that Russia's position in the innovation activity ratings has been improving since 2010, and there is potential for further growth. It is concluded that Russia produces fewer innovative products compared to the level of investment in innovation. The comparison of individual statistical indicators in the field of innovative development of Russia with similar indicators of foreign countries is carried out. Russia demonstrates high positions in terms of the number and quality of personnel engaged in research and development, but the level of wages, social benefits and comfort of the living environment of scientists and developers is inferior to developed countries. The level of funding for science, research, innovation activity of organizations, as well as the development of innovative entrepreneurship is lower than in the leading countries of innovation ratings. In Russia, there is a negative balance of payments for technology. The introduction of unprecedented sanctions affecting various aspects of the social, economic, and technological spheres aggravates the impact of negative factors on Russia’s innovation system. In the current situation, the issues of import substitution, ensuring the country’s independence from foreign technologies, developments, as well as providing support to innovative companies, talented youth and qualified specialists, overcoming the negative trend of the outflow of scientific personnel are becoming even more urgent. There is provided an up-to-date list of short- and long-term measures to support and stimulate the development of economic sectors, innovative business, scientific human resources and highly qualified specialists.

THE MAIN ASPECTS OF INNOVATIVE DEVELOPMENT OF ENTREPRENEURSHIP IN MODERN CONDITIONS OF TECHNOLOGICAL DEVELOPMENT

The article outlines the main aspects of innovative development of entrepreneurship in modern conditions of social and economic development of Ukraine. The purpose of the study is to identify factors affecting the innovative activity of entrepreneurship within the framework of regional innovation systems.
 The theoretical and methodological basis of the research is the fundamental provisions of economic theory and practice, general scientific and special methods of knowledge of economic reality. The main methods that were used: structural and logical; comparative, method of detailing and synthesis.
 It was found that innovative activity is increasingly considered in the context of regional development and local innovation systems. Within the framework of this approach, such factors as spatial proximity of regions, local conditions, the specifics of human capital and interregional cooperation are considered.
 The article highlights the features of the modern functioning of the innovation sphere, analyses the factors affecting the propensity of firms to innovate. The types of innovations and the classification of innovations generally accepted in the OECD countries are considered. It is noted that innovative companies from countries with catch-up development are primarily interested in such characteristics of the institutional environment as the business climate and stable «rules of the game» in the market. Institutional indicators are the timing of opening a firm and resolving commercial disputes, the stability of the employment index, which reflects changes in hiring and firing conditions, the level of democracy, and maximum tax rates. The importance of most of these factors indicates the need to take them into account in the evaluation of innovative activity.
 The study found that a set of interrelated concepts, including the national innovation system and the national business system used for strategic management purposes, largely ignore the role of entrepreneurs. As a rule, they concern individual firms or enterprises, while innovations are created by entrepreneurs who combine existing elements of knowledge and generate new value. At the same time, in the course of their activities, entrepreneurs organize jobs and achieve economic growth, which is especially relevant for the reconstruction of the economy of our country in the conditions of the Russian-Ukrainian war.