National Innovation Policy Research Articles

Globalization of innovation: the moderating role of project-level investment strategy and country type in location choice for R&D-related FDI

The current stage of globalization involves geographically dispersed research and development (R&D) investments that are not confined to advanced economies. These cross-border R&D investments are driven by multinational enterprises’ (MNEs’) strategies for exploring and/or exploiting foreign locations. In this paper, we analyse location choice and the moderating effect of project-level investment strategy (i.e. exploration or exploitation) and type of host economy (i.e. advanced or emerging) on the importance of the innovation framework and local innovation capabilities. Our analysis of 588 R&D-related foreign direct investment (FDI) projects in the pharmaceutical and biotech industries during the 2006–2016 period reveals that whereas a host country’s innovation framework and capability overall do affect the location decision, their ultimate effects are conditional on the combination of project-level investment strategy and type of economy. Our findings have policy implications for FDI policies aiming at enhancing linkages between MNEs and local actors and national science, technology, innovation and educational policies and programmes.

Governance of health research in four eastern and southern African countries

BackgroundHealth research governance is an essential function of national health research systems. Yet many African countries have not developed strong health research governance structures and processes. This paper presents a comparative analysis of national health research governance in Botswana, Kenya, Uganda and Zambia, where health sciences research production is well established relative to some others in the region and continues to grow. The paper aims to examine progress made and challenges faced in strengthening health research governance in these countries.MethodsWe collected data through document review and key informant interviews with a total of 80 participants including decision-makers, researchers and funders across stakeholder institutions in the four countries. Data on health research governance were thematically coded for policies, legislation, regulation and institutions and analysed comparatively across the four national health research systems.ResultsAll countries were found to be moving from using a research governance framework set by national science, technology and innovation policies to one that is more anchored in health research structures and policies within the health sectors. Kenya and Zambia have adopted health research legislation and policies, while Botswana and Uganda are in the process of developing the same. National-level health research coordination and regulation is hampered by inadequate financial and human resource capacities, which present challenges for building strong health research governance institutions.ConclusionBuilding health research governance as a key pillar of national health research systems involves developing stronger governance institutions, strengthening health research legislation, increasing financing for governance processes and improving human resource capacity in health research governance and management.

Using Latent Semantic Indexing as a metric for evaluating research potentialities through Innovation Public Policies

Public innovation policies usually define strategies for Public research organizations, such as universities, in order to guide the next research projects of such organizations. Sometimes, it is difficult to know the actual state of an organization when a new policy is released by the government. The objective of this paper is to present the application of Latent Semantic Analysis, a technique of information retrieval, in order to create an index and automatically classify research projects, using text fields like title and abstract, to areas and subareas defined by related terms. It is also proposed a case study of about 200 projects from five graduate programs of the Universidade Federal do Tocantins. The proposed solution was capable of satisfactorily classify each project to the areas and subareas of a recent policy from the Science, Technology, Innovations, and Communications Ministry. In this way, the university could have some decision-making information, and the results could sustain for which internal policies could be implemented to maximize its actuation faced to the national innovation policy.

Development of a mechanism for implementation of a national innovative policy in the energy sector based on Industry 4.0

The object of research is the processes of formation and implementation of mechanisms for innovative development of the energy sector of the national economy in the context of the fourth industrial revolution. It was determined that at the global level, mechanisms for innovative development of industry and energy are formed in the New Industrial Strategy of the European Union (EU), the Paris Climate Agreement, and the fourth energy package of the EU. The challenges of Industry 4.0 necessitate the formation and adaptation of these mechanisms in individual countries to ensure the innovative development of the energy sector in different countries. In the course of the study, the scientific and applied foundations of ensuring the development of the energy sector at the state level have been analyzed. They also used a system-functional approach, methods of structural and functional analysis and functional synthesis, critical analysis of regulatory framework, goals and objectives in the energy sector of the national economy. As a result, a comprehensive mechanism for the implementation of the national innovation policy in the energy sector of the national economy at various levels of the social hierarchy has been proposed. In particular, 5 functional components of the innovative development of the energy sector of the national economy have been identified: 1) productivity of innovation; 2) effectiveness of innovation policy; 3) effectiveness of energy innovation; 4) investment support for innovative development of the energy sector; 5) development of human capital in terms of decarbonization of the economy. On the basis of these components, the main mechanisms have been formed, which make up a comprehensive mechanism for implementing the state policy of innovative development of the energy sector of the national economy, and each of these mechanisms has its own set of implementation tools: economic; motivational; organizational-technological and political-legal. This forms the basis for the implementation of its interfunctionality and ensures its functioning, based on the principle of multilevel (elements relate to the supranational, interstate, national, regional, local and sectoral levels) and is intended to enhance the socio-economic effects of Industry 4.0.

Innovation and diversity in the digital cultural and creative industries.

The cultural and creative industries (CCIs) are increasingly being recognised in South Africa, as in other countries, as wealth-creating, given appropriate investment, rather than primarily a non-market subsidized sector. However, national innovation policy is still predominantly focused on STEM (science, technology, engineering and mathematics) skillsets and related product markets. This paper analyses how the CCIs in the Cape Town cluster innovate by combining digital technology, creative inputs, and workforce diversity. Based on a similar study conducted in Brighton, UK, a cluster of innovative CCI firms was identified that are to varying degrees “fused”, defined as combining digital technology and creative design in production. Fused firms have higher levels of innovation in business processes, goods and services. Fused firms were also more likely to employ demographically diverse people, adding insights from the South African mix to the UK studies on disciplinary diversity. While fused creative-digital firms employ greater diversity, a qualitative analysis of SA gaming and animation firms nevertheless demonstrates the challenges for improving diversity in a developing country context.

Are government energy technology research, development, and demonstration budgets converging or diverging? Insights from OECD countries

ABSTRACT Accelerating the pace of energy technological innovation is essential to curb global climate change and build a clean energy system. Based on this idea, from the perspective of renewable energy technology gaps across countries, this study presents a thorough empirical analysis of the convergence of energy technology research, development, and demonstration (RD&D) budgets across OECD countries over 1985–2017. In doing so, we apply two-regimes threshold autoregressive approach to account for heterogeneity, nonlinearity, and transition path in energy technology RD&D convergence. One observation is that only a small number of advanced countries namely Canada, Japan, and the U.S. follow a nonlinear process and exhibit partial convergence in energy technology RD&D budgets with Japan as a transition country. Interestingly, our results also provide clear support for the global convergence of energy technology RD&D budgets once accounting for the two regimes jointly. These trends in national energy innovation policies could arguably help Canada, Japan, and the U.S. to drive up their energy RD&D trajectory into the future, suggesting that these countries would be able to achieve a more sustainable energy innovation supply system.

State Policy in Converging Technologies: International and Russian Experience in the Growth Strategies Development

The article presents a systematization of distinctions in the converging technologies state policy implemented by foreign countries. NBIC convergence represents a source of a new direction in economic growth, as well as new regional development risks, which require the elaboration of appropriate government policy instruments at all its levels. The authors conclude that effective regional or national innovation policy measures can act as triggers that result in enterprises and scientific organizations entering into a converging technological innovation process, which allow them to take advantage of new emerging markets and industry conditions. In this process, regional or national authorities can play an important role in improving the basic conditions for companies and research institutions in their search for possible application areas, as well as giving them an access to information about modern methods assessing the opportunities and risks associated with converging technologies. The article analyzes the problems and restrictions that enterprises and organizations face on the way to the implementation of NBIC technologies (for example, the lack of specific information about new market opportunities for implementing converging technologies, search and association with new partners outside the sectors where companies operate, etc.) The authors propose directions for the regional specific features analysis, which allow elaborating territorial development programs for implementing converging technologies. Statistical analysis of the digital technologies usage in Russia and cross-country comparison by these indicators carried out by the authors allow concluding that the importance of ICT in the national economy is constantly increasing. The ICT role in building internal business and information interaction between companies and partners is becoming especially important for Russian companies. The level of distribution of cloud services in Russian organizations is comparable to the average for the EU countries. In this area Russia is ahead of France, Germany, and Austria. The industries with the best digitalization rates include the financial sector, retail and communications. At the same time, there remains a significant gap between the achieved level of ICT penetration in Russia and the countries that lead in the broadband Internet access availability, presence in the networks, and the use of information systems.

Innovation, market failures and policy implications of KIBS firms: The case of Trinidad and Tobago's oil and gas sector

Trinidad and Tobago's oil and gas industry is well established and is one of the oldest in the world, which has led to a large and growing number of oil and gas Knowledge Intensive Business Services (KIBS) firms. These firms provide advanced technological or professional knowledge as intensive inputs into the business processes of other organizations. This paper aims to investigate innovation in KIBS firms in the oil and gas sector in Trinidad and Tobago, and to identify market and government failures that hinder their development to inform policy making. The factors that increase KIBS firm's likelihood of introducing an innovation are firm size, age, number of customers, internal research and development, and the use of external information. Moreover, several market failures hinder their potential for innovation and technology diffusion, including information asymmetries, difficulty in obtaining finance, lack of appropriate skills, and limited partnerships/collaboration with research institutions. This study recommends the development of a national innovation policy and program, greater dialogue, and clear communication channels among all industry stakeholders, and the expansion of several existing local policy initiatives, including trade missions and corporate governance programs and training and skills through tertiary educational institutes.

Isomorphic difference: Familiarity and distinctiveness in national research and innovation policies

Global research and innovation policies appear remarkably similar on a number of dimensions, including preferred principles of clustering and partnership, an emphasis on research-led growth and a focus on ‘hot topics’ such as nanotechnology and big data. However, policies for this field also reflect deeper-rooted traditions, institutional processes and ways of working: what looks the same can be very different when viewed in context.In this paper, we first consider the evidence for convergence across research and innovation policies before outlining perspectives based on contextual difference. Drawing particularly upon institutional theory, organizational studies and Science & Technology Studies (STS), we introduce the concept of ‘isomorphic difference’ as a means of symmetrically exploring relations of familiarity and distinctiveness. An illustration from Danish research and innovation policy is developed in order to bring together these conceptual but also policy-related issues. In addition, an initial analytical framework is presented. Finally, the relevance of ‘isomorphic difference’ to larger contemporary debates over the direction of research and innovation is summarized.

How has external knowledge contributed to lithium-ion batteries for the energy transition?

SummaryInnovation in clean-energy technologies is central toward a net-zero energy system. One key determinant of technological innovation is the integration of external knowledge, i.e., knowledge spillovers. However, extant work does not explain how individual spillovers come about: the mechanisms and enablers of these spillovers. We ask how knowledge from other technologies, sectors, or scientific disciplines is integrated into the innovation process in an important technology for a net-zero future: lithium-ion batteries (LIBs), based on a qualitative case study using extant literature and an elite interview campaign with key inventors in the LIB field and R&D/industry experts. We identify the breakthrough innovations in LIBs, discuss the extent to which breakthrough innovations—plus a few others—have resulted from spillovers, and identify different mechanisms and enablers underlying these spillovers, which can be leveraged by policymakers and R&D managers who are interested in facilitating spillovers in LIBs and other clean-energy technologies.

High-speed rails and knowledge productivity: A global perspective

This study finds empirical macro-economic evidence for the effect of high-speed rails (HSRs) on national innovation through the analyses of 59 high- and upper-middle-income countries. Knowledge productivity (KP) is assumed to be represented by annual patent applications per million capita. The associations between HSR development and KP are analyzed with three methods: (1) estimation of KP function using 10-year panel data, covering 14 countries with HSRs; (2) estimation of average treatment effect using difference-in-differences analysis for a treatment group of 15 and a control group of 44 countries; and (3) estimation of average treatment effect using matching techniques for a dataset covering 29 countries, of which 10 received treatment. The results of all three analyses covering about 40 years of HSRs' history, robustly suggest that HSR development can have positive externalities on KP both in the short and long runs. In addition, it is found that the HSRs’ impacts on countries with upper-middle income and countries with high urban population growth are larger than other countries. They suggest that HSR development can be a part of national innovation policy and that upper-middle-income countries, highly urbanizing countries, and countries with insufficient inter-regional transportation systems can have advantages in HSR introduction for promoting knowledge productivity.

ПРИНЦИПЫ ГОСУДАРСТВЕННОЙ ИННОВАЦИОННОЙ ПОЛИТИКИ В ОТНОШЕНИИ ГАЗОВОЙ ОТРАСЛИ АЗЕРБАЙДЖАНА

The purpose of the article is to analyze the principles of state innovation policy in the gas industry of Azerbaijan and to identify possible additional reserves that allow the formation and implementation of the national innovation policy in the course of economic reform on an innovative basis.
 Research methods - general scientific (synthesis, deduction, induction, generalization, observation, forecasting, scientific abstraction, statistical analysis, logical) methods for grouping and classification, as well as expert assessment.
 The work applied a systematic approach to the totality of business entities operating within the framework of the gas industry in Azerbaijan. The research is based on theoretical concepts of macroeconomic regulation of natural resource management in market conditions, as well as the principles of management of such national structures that have been worked out in world practice.
 The article discusses the main tasks of determining the priorities for the development of scientific, technical and innovative areas that affect the increase in production efficiency and competitiveness of products in gas industry. The organizational, legal, financial and economic foundations for the development and creation of favorable conditions for the activation of priority tasks and innovation in the gas industry of Azerbaijan have been determined.
 The results of the analysis of other states experience in using the resource base for attracting foreign investors to the country, creating for them comfortable working conditions in the field of innovations in the oil and gas industry, are presented. The issues of the development and use of innovative technologies in the gas industry, which make it possible to increase efficiency and bring significant socio-economic effects associated with an increase in gas and gas condensate production, tax revenues, as well as the development of human capital and related sectors of the economy, are considered.
 In conclusion, it is noted that the success of the scientific and innovative reform in the gas industry largely depends on how strong the traditions of the country's scientific and technological potential are and on how the state regulates the production strategy of innovative development. For this, a significant scientific and technical potential has been preserved in the republic, which makes it possible to form and implement a national innovation policy in the course of economic reform on an innovative basis.

Innovation Capability Maturity Model as a Mean for Data Policy Standardisation in Smart Specialisation Cycle

A major component of the Smart Specialisation (SS) agenda is the monitoring of progress towards the achievement of the goals and development of tools to support the activities of stakeholders in entrepreneurial discovery. However, there are capacity and management challenges for many countries in measuring the progress of SS. High-quality data is crucial for transforming SS indicators into useful tools for developing national mission-oriented innovation policies as well as facilitating a European level monitoring of SS progress. The paper explores potential interventions to improve the implementation of data policy for SS and indicates that Innovation Capability Maturity Model can not only ensure high-quality data, but also standardise the key processes of public management around SS. The adoption and mainstreaming of ICMM may aid in mission-oriented assessments and articulate pathways towards the maturity of SS data for improving SS cycle.

The New Philippine Innovation Laws: A Response to the Call of MSMEs and Start-Ups

Abstract Innovation is essential to driving national progress. As such, it has to be fostered, safeguarded and incentivized. In order for innovation and technological growth to flourish, it is necessary to have a robust intellectual property regime coupled with effective government policies. Developing countries face many challenges when it comes to harnessing innovation and creating the right environment that will support and nourish it. Extra attention should be given to small and medium-sized enterprises, as they are more likely to be at risk due to financing, productivity and regulatory burdens. Although the Philippines has lagged behind in the area of innovation, recent national policies have been adopted to improve the country's position. The recent legislations, namely, the Philippine Innovation Act, the Innovative Startup Act and the Personal Property Security Act, are all aimed to create an environment that creates opportunities towards sustaining and incentivizing innovation. The Philippines designed a ‘whole of government’ approach, which seeks to effectively drive innovation across all areas of government policy and to better facilitate engagement of businesses, R&D entities and other relevant sectors in the community. These laws, however, are but the first steps in the right direction. Proper implementation, constant monitoring and fine-tuning are essential for a national innovation policy to succeed.

DYNAMICS OF INNOVATIVE COMPETITION

The subject of this work is the problem of the dynamic interaction of innovative products in a competitive market. Sustainable economic growth is currently impossible without increasing the competitiveness of enterprises and industries, largely determined by the strengthening of the competitive environment. As a result of the competition of economic agents for achieving various advantages in the markets, new products are created and improved with the corresponding development of technologies. In the analysis of previous publications, the role of the national innovation policy of the state in the system of forming priorities of investment activity in market conditions is noted. The purpose of the work is to study the features of building competition models of innovative processes. It should be emphasized that economic systems have a complex and heterogeneous structure with a hierarchical pattern of interaction of endogenous and exogenous factors. A common feature of many balance models of a market economy is the presence of autocatalytic components that determine the growth mechanisms of an innovative product. The article solves the problem of constructing and analyzing the behavioral properties of a mathematical model of competition between two economic entities in a common market. As a prototype for the model of endogenous homeodynamic system, the widely known mathematical model "predator-prey" is used in population dynamics. This model is a system of two ordinary differential equations with quadratic nonlinearities, which has several equilibrium positions and has a behavior with a change in the nature of stability. Research methods are based on the mathematical apparatus of economic synergetics and the theory of stability of nonlinear dynamic systems. As a result, the conditions under which the self-oscillating mode is implemented in the vicinity of the equilibrium state with the appearance of one or more limit cycles are specified. It has been established that the maximum number of limit cycles in the system under study around the equilibrium position is three. The subject analysis of the bifurcation properties of the cyclic dynamics of competitive interaction is carried out, the boundaries of stability loss by the equilibrium position are determined. Conclusions. The behavioral nature of the dynamics of innovation processes is changing significantly and it is possible to implement a leap transition from monotonous economic growth to relaxation fluctuations.

Assessing the effect of innovation determinants on macroeconomic development within the EU (28) countries

Innovations play an inevitable role in achieving macroeconomic growth of countries, and innovative activity is perceived as a source of sustainable development. This paper’s main objective is to explore the impact of innovation determinants on the macroeconomic development of the EU (28) member countries and identify key problem areas distorting sustainable development and growth of these countries. The research analysis is performed using panel data regression models estimated from 2010 to 2018. Innovation potential was quantified using selected indicators, such as patent granted, high-tech exports, gross domestic expenditures on R&D, government expenditure on education, direct investment, gross fixed capital, and tertiary educational attainment. Such indicators as real GDP per capita and GNI per capita were applied to measure economic growth. The results provide evidence of a statistically significant relationship between innovation and economic growth (p < 0.01). Therefore, both research hypotheses were accepted. Based on innovation potential assessment, the statistically significant impact of five indicators were confirmed (high-tech exports, gross domestic expenditure on R&D, government expenditure on education, direct investment, and tertiary educational attainment). In this backdrop, the most significant effect was revealed for variable gross domestic expenditure on R&D (0.5343). The findings lead to the conclusion that the EU’s and national innovation policies and initiatives should aim to create framework conditions that favor the innovation environment and increase R&D expenditure to endorse real economic growth. AcknowledgmentThis article has been prepared within the research project VEGA No. 1/0279/19 “Model approaches to increase performance and competitiveness in the European area in the context of sustainable development”.

Mapping Brisbane’s Casual Creative Corridor: Land use and policy implications of a new genre in urban creative ecosystems

Creative hotspots have become a key driver for urban policies to stimulate social, cultural, environmental and organisational growth of creative and knowledge-based clusters, districts and hubs. However, their functional and spatial characteristics vary due to their different evolving structure as new spaces of economic activity in different contexts. This article points to a consideration of new foci for both land use and urban economic policy through a mapping of formal and informal creative hotspots in Brisbane, Australia. The study found two distinctive development patterns: (a) earlier top-down approaches as instigated by national and international innovation policies, and; (b) recently emerging bottom-up spaces for creativity, knowledge and innovation practices. This study examines how formal creative strategies and emerging informal creative spaces shape cities and urban policies. The methodology comprises online data collection and a review of creative and knowledge strategies and implementation policies. Data was then analysed via multiple mapping techniques illustrating the spatial distribution of creative hotspots, formal and informal formations, scale and land use characteristics. The research findings consolidate our understanding of Brisbane’s creative ecosystem and suggest new urban policy mechanisms to better foster the interrelationship between top-down and bottom-up approaches in cities, that is, between formally planned and large-scale interventions and small-scale organic and informal creative activities.

Coping with Societal Challenges: Lessons for Innovation Policy Governance

Grand societal challenges, such as global warming, can only be adequately dealt with through wide-ranging changes in technology, production and consumption, and ways of life, that is, through innovation. Furthermore, change will involve a variety of sectors or parts of the economy and society, and these change processes must be sufficiently consistent in order to achieve the desired results. This poses huge challenges for policy-making. In this paper, we focus on implications for the governance of innovation policy, i.e., policies influencing a country’s innovation performance. Based on a systemic understanding of innovation and the factors shaping it, the paper highlights the need for effective coordination of policies influencing innovation and what changes in innovation policy governance this may require. To throw further light on how this may be realized, the paper discusses evidence on national innovation policy practice, from Finland, the Netherlands and Sweden, respectively, drawing on the country reviews of innovation policy conducted by the OECD as well as other sources. It is concluded that, for innovation policy to tackle societal challenges effectively, clearer goals and stronger and better coordination among the various actors—both public and private—whose actions matter for innovation performance will be required. Based on the experiences of the three countries, the paper particularly considers the role that comprehensive and inclusive innovation policy councils, with the prime minister in a central role, may play in such a process.

Sustainable Innovation Funding as a Tool for Developing the Economic System

The presented study examines the problems of public and private funding in the innovation domain of the national economic system. Based on the analysis of foreign experience, the authors propose creating federal and regional innovation funds within the Russian economic system driven by publicprivate partnership.Aim. The study aims to substantiate potential directions for the program of public-private funding of the national innovation system.Tasks. The authors examine the existing mechanism of innovation funding from the perspective of development of the national economic system; analyze the foreign experience of public funding of innovation-driven development of the economic system; examine approaches to solving the problem of public innovation funding in Russia; substantiate the implementation of innovation funds based on the principles of public-private partnership into the national economic system.Methods. This study uses the methods of institutional and structural analysis and the systems approach to formulate proposals and substantiate the implementation of innovation funds into the national innovation policy.Results. Based on the analysis of the funding mechanism of the national innovation policy within the national economic system, and considering the experience of the world’s developed innovation-driven economies, the authors substantiate the implementation of innovation funds based on the principles of public-private partnership and aimed primarily at providing financial support for the corporate sector of the national economic system in the field of innovative technologies.Conclusions. With a view to create an efficient funding model for the innovative development of the national economic system in Russia, the study substantiates the need to establish a system of federal and regional innovation funds based on public-private partnership. Their functions would include accumulation of funds and their allocation among individual innovation projects with clearly defined results. The activity of the established federal innovation fund can be differentiated to cover the most important directions and critical technologies, thus improving Russia’s position in the global competition. The purpose of regional funds is to ensure technological development that would enhance the competitiveness of regions at the national level (with allowance for regional specialization and development of mass innovative entrepreneurship). Combined with the use of such market tools as providing financial guarantees on investments in innovation, this will ensure positive dynamics of innovative development of the national economic system as a whole.

“HORIZON 2020”: ENHANCEMENT OF INNOVATIVENESS IN UKRAINE

The aim of the article is to study some aspects of the participation of Ukraine in the European innovation programmes, particularly in the Framework programme for research and technological development and to consider factors that contribute to the attractiveness of these programmes for Ukraine and possible risks associated with the implementation of EU policies in the field of science in Ukrainian reality. The methodological basis of research constitute the historical and logical and systematic approaches in the study of patterns of innovation development in the context of economic growth and increase competitiveness. Actuality of this theme is explained by the creation of the global information society, the incipience of the new technological production method and by wide development of innovative cooperation between countries. Such collaboration, as a rule, promotes comprehensive expansion of trade, mutual investing in national production complexes, wide integration. The results of the analysis. Basic features, components and the role of European framework programme for research and innovation “Horizon 2020” for European Research Area’s creating were analyzed. Ukraine’s involvement in the process of international scientific and technical integration and economic component of Ukraine's participation in European framework programme for research and innovation “Horizon 2020” were investigated. The main priorities of national innovation policy were defined and measures concerning Ukraine’s innovative potential activation and improvement through participation in European innovative programmes were proposed. International innovative programs will promote adaptation of the country to the EU norms and standards, increase mobility of Ukrainian experts, researchers and educators in the European space, speed up European integration. Full participation in the Framework Programme “Horizon 2020” projects would attract countries to the advanced technology of its scientific potential, additional financing of the Ukrainian research organizations and institutions involved in joint projects. Scientific novelty of the research results consists of predicting a possible increase innovation potential of the economy of Ukraine based on the study of international innovation programmes as a factor of integration of Ukraine into the EU. The practical significance of the results consists of importance of theoretical propositions, conclusions and recommendations for practical application of these results in the learning process, the development and improvement of certain legislative acts of Ukraine and to justify special measures for government agencies to address the problems associated with the innovative development of Ukraine. Conclusions and directions of further researches. The practical result of international cooperation Ukraine should be achievement standards of innovative progress inherent in the developed world. These standards are primarily related to the rationalization of energy consumption and using natural resources, technology standards, legal protection of intellectual property, international quality standards, certification of products and services. With appropriate adaptation in Ukraine, it is possible to use the EU strategic instruments, in particular the "open method of coordination", which will enable Ukraine to study the experience of other countries, as well as exchange of innovative practices. In the future, it is worth exploring the ways of adaptation and implementation of EU strategic tools in Ukraine, which will provide the basis for the implementation of the programme initiatives of the “Europe 2020” Strategy.