Innovation Priorities Research Articles

Features of formation of innovation-investment policy on industrial enterprises

The article deals with the peculiarities of the formation of innovation-investment policy at industrial enterprises. The paper emphasizes the fact of the lack of institutional support of innovative activity of Ukrainian’s enterprises, which is the reason why there is a lack of a national innovation priorities concept and a systematic approach to the development of innovation activity. The requests of substantiation of optimal development models are investigated; the principles, forms, methods of implementation of innovation and investment development policy are defined; the parameters, principles, scientific and methodical foundations of creation of modern innovative forms of development are outlined; providing scientific support for development programs is emphasized. The connection of the implementation of innovations in the economic practice at industrial enterprises with innovative entrepreneurship, which depends on the speed of conducting of restructuring processes on the basis of construction innovation-investment model development of the economy, was proved. The basic tasks were defined, namely, first of all, the active use of human capital, scientific and technical potential of its realization; forming a competitive environment; providing real state support; setting up an efficient financial and banking systems, an efficient stock market; a well-established investment process, which in turn requires improvement of the corporate governance system of enterprises that provides for transparency of the ownership structure, provision of shareholders with high-quality and reliable information. The destabilizing factors of realization of innovation-investment potential at industrial enterprises, in particular, machine-building enterprises of Ukraine were defined, among them: insufficient development of solvent internal market of machine-building products, lack of state and regional development program, significant dependence on market conditions on foreign markets; general deficiencies in the implementation of the state program of development of mechanical engineering, shortages of personnel required qualification (scientific, technical, engineering, labor specialties), lack of state financial support, and, in particular state protection against raider attacks. The paper emphasizes that venture capital company should play a special role in realizing an innovation model of development, which will enable the increase of the complexity of production; the use of the existing productive assets to a greater extent, the expanding of the production infrastructure; the creation of the basis for the formation and development of new organizational forms and production activity; the realization of the social orientation of the industry development. The necessity of stimulating the development of socially significant productions, which allows solving problems of socio-economic development without increasing the ecological burden on the natural system, was determined. It is essential to develop and implement relevant investment programs on the basis of well-defined volumes of investment resources; to increase investment attractiveness at the expense of streamlining the market space for commodity producers; to create guarantees of protection of capital and income of investors.

Between Economic Diversification and Nation-Branding: The UAE's Pivot to Asia and Innovation Strategies in the Post-Zayed Era

Asian countries are vital partners in the UAE’s international cooperation for economic diversification in the post-Zayed era. After the UAE established diplomatic relations with China, India, Japan, and South Korea in the early 1970s and 1980s, robust cooperation in the energy and construction sectors have expanded to partnerships in the innovation priority sectors of renewable and clean energy, transportation, technology, education, health, water, and space in recent decades. As a rentier state relying on a resource-based industrialization (RBI) development strategy, enhanced state capacity, and a paradigmatic shift in the UAE’s economic framework (from an allocation-driven approach to an innovation-centered development strategy) has strengthened bilateral interdependencies. At the same time, patterns of deepening economic interdependencies in the UAE-Asia relations and the wider Gulf-Asia relations raise important questions as to whether implementing innovation strategies has led to economic diversification. This research maps the enablers and drivers of the renewed economic diversification efforts in the UAE and discusses the implications of those efforts.

LEED-CIv4 Commercial Interiors: United States (2014–2019)

This paper analyzes Leadership in Energy and Environmental Design for Interior Design and Construction: Commercial Interior (LEED-CIv4) projects, thereby presenting the first empirical evidence of these projects. The aim of the study was to reveal trends in Certified, Silver, Gold, and Platinum LEED-CIv4 US projects, certified in 2014–2019. The effect size between possible and achieved points in categories and credits was measured using Cliff’s δ. The following conclusions were drawn: (i) the Integrative Process, Innovation, and Regional Priority categories showed high achievements only in Platinum projects, so it is necessary to reconsider these categories toward increasing their acceptance at all certification levels; (ii) the Location and Transportation and Indoor Environmental Quality categories were quite well-designed because most credits in these categories showed varying levels of achievement (low/medium/high/very high) at all four certification levels; and (iii) the Water Efficiency, Energy and Atmosphere, and Material and Resources categories were badly designed because most credits there similarly showed low achievements at all four certification levels, thus needing more attention toward their improvement in the next LEED-CI version.

Artistic priorities of theater innovation: the challenges of time or the departure from archaic perception

It has been found that how modern theater is an art that postulates the priorities of a new cultural field and reveals the trajectories of its dynamics in new dimensions. The «Theater of Modernity» strives to be always super-actual and initiates the most effective principles of appeal to the mind. Therefore, a new intonation has been heard recently in the usual many-sided forms of presenting ideas by the theater. It is not defined by the usual framework and is determined by factors of a special order, in particular, the concept of post-dramatism, which carries a new theatrical «enzyme», a new world outlook. The prevailing situation in art highlights the idea of the basics of the formation of the modern image of the world, and therefore denotes the vector of art evolution as a new type of visuality and dominance of the visually oriented art form of the present as such. Thus, modern theater, often referred to as post-dramatic, the nature of which lies mainly in the global trend of separation from the tradition of drama, becomes an influential tool that expands the horizons of heightened empathy and vision in the context of updating the visual strategy. What actually erases the boundaries of traditional artistic aesthetics, deepening the genre-species connection, demanding constant updating of ideas about the possibilities of art and its merging with those areas of life that have never before been perceived in an artistic context.Therefore, a free experiment suppresses tradition and creates an experimental space for stimuli to reflection, rather than sensory perception, an invitation to reflect on the proposed problems, an invitation to take part in a special intellectual ritual. Accordingly, it can be said that stage art embodies in the current situation general invariant trends in the development of a new landscape of culture.In conclusion, we emphasize that this is a statement of a special kind of aesthetics, a special field of art, which can be considered, firstly, a new aesthetic philosophy; secondly, a special artistic space, and thirdly a laboratory of the latest theatrical formulas and forms; fourthly, — both the first, and the second, and the third, — taken together, — as art grafting in a zone of vulnerability.

The introduction of new technologies and financial support for the innovational pharmaceutical industry in the veterinary medicine sector based on the development of priority areas of the Ukrainian regions

The purpose of the work was to monitor the level of financing of innovation activities and regional level technologies transfer by regions of Ukraine on the basis of medium-term priority directions of innovation activity of the strategic priority on the national level “Technological renewal and development of the agro-industrial complex” and to realization of regional innovation priorities on the development and introduction of the latest biotechnologies and veterinary security medicines for farm animals. Materials and methods . Analytical, comparative, graphical, statistical, descriptive, generalization methods were used in the work. The research materials are normative-legislative acts, official information of regional state administrations on the results of innovation activities within the framework of regional development strategies (in 13 regions of Ukraine), regional programs of scientific-technical and innovation development for 2017–2018. Results . The monitoring results give an opportunity: to assess the legal and regulatory framework for the formation of the medium-term priorities of the innovative activity of the agro-industrial complex (AIC) as a state and each individual region and the veterinary sector as a whole (taking into account the needs of the industry in veterinary medicines, veterinary supplies, premixes, vaccines, serum, diagnostic kits, etc.); to evaluate the financial support of medium-term priorities of the innovative activities by local budgets with the provision of veterinary medicines at the regional level; to evaluate the effectiveness of innovation activities for created, acquired and transmitted new technologies in the pharmaceutical sector of veterinary medicine; to compare the obtained indicators with the previous periods, to track their dynamics and the tendency of development of medium-term priority directions of innovation activity at the regional level; to use the results of monitoring in the formation of the list of medium-term priority directions of innovation activity at the regional level up to 2021 in the form of directing funds for struggling with animal diseases and, thus, creating safe conditions for human health. Conclusions. The elaboration of the regulatory framework, namely, the Resolution of the Cabinet of Ministers of Ukraine from October 18, 2017 No. 980 “Some issues of determining the medium-term priority areas of innovation activity at the sectoral level for 2017–2021”, but this document needs to be improved in the areas of identification the priority directions of innovation activity in the pharmaceutical sector of veterinary medicines.

Institutional Possibilities and Limits of Professional Self-Realisation of Researchers under the Innovative Restructuring of Russian Science

Introduction. At a time of global economic, social, cultural and political change, it is particularly important to monitor the sustainability of socially important institutions in rapidly changing spheres. Beyond any doubt, the field of science has a special role to play in innovative transformation.The aim of the present sociological research is to establish the degree of compliance of the personal, collective and institutional levels of innovative restructuring of Russian science with the challenges of an innovative society. The consistency and integrity of functioning of these levels is one of the key conditions for the professional self-realisation of a modern scientist.Methodology and research methods. The methodological basis of the study is the integral individual-system paradigm, which considers the agent of action in the system of rules and resources, limiting the range of choice in the system. Empirical data were collected through an expert semi-formalised survey of researchers in 21 entities of the Russian Federation. The sample (N = 640) consisted of respondents engaged in technical, natural, humanitarian, social and philosophical spheres, higher education system, centres of the Russian Academy of Sciences and state management structures.Results and scientific novelty. The institutionalisation of social practices is represented as a synthesis of the field of individual intentions and rules of interaction established in the social field. At the intersection of these fields, standardised social interaction schemes are being transformed and new behaviours and actions are emerging.The present research for the first time applied a three-level model of institutionalisation of science in an innovative environment, which allowed correlating the personal, organisational and systemic factors of disclosure of the intellectual potential of the scientist. Moreover, this resulted in identifying the existing contradictions between the personal motivation of agents of scientific activity and mechanisms, which structure the work of scientific organisations and the system of indicators of their effectiveness approved by the state. The survey data demonstrated stable motivation of Russian scientists for professional self-realisation and active scientific search, based on personal responsibility, understanding of the social significance of their research, or less frequently based on the membership of a successful team. However, serious institutional barriers have been identified to optimise the working conditions of scientists. The institutional barriers include: the administrative difficulties of establishing strong professional links with production, social and power structures; the lack of opportunities to participate in global scientific discourse; the narrow functionality of scientific organisations as an intermediate link between scientists and the state; the reluctance of expert scientific community to develop the criteria and indicators of the quality of scientific activity; the non-compliance of these indicators with innovative priorities and goals, etc.Practical significance. The research results and proposals can be used to adjust the state policy of the Russian Federation and the principles of management of the organisation in accordance with the innovative priorities of the society.

Digital Management of Schools Contributions, Challenges and Constraints Case of Morocco

The integration of information and communication technology in school management is now becoming a necessity to adapt to the current global changes and to attach the motivation of leaders to join a process of planning and governance of high quality educational projects. Today, the implementation of digital institutions is characterized by two paths at two different speeds a first the implementation of ICT in the course of education whose subject occupies the interest and use the budget of all innovation projects and the other path that is the digitization of the administration is ranked second in the innovative priorities. Our intervention is part of a technical-pedagogic approach that will focus on an action research work in which, we will try: First, it is about implementing an accessible digital tool, facilitating and organizing strategic planning and project management, and providing ways to govern and control the quality of administrative acts. Then, We will show the first results of the experimentation of this tool in our research context represented by 335 directors of schools of the provincial delegation of Taza. Morocco, highlighting the contributions of the digital on administrative practices at all levels. Finally, we present the challenges identified by our system to improve the quality of school management and professionalize the act of management of human resources and material resources. On the other hand, we will focus on all the constraints and resistances that could hinder this development and innovation action

Las agendas estatales de innovación en México: ¿gobernanza científica discrecional o de mercado?

El establecimiento de prioridades de investigación e innovación es una preocupación permanente en la gobernanza de la ciencia y la tecnología, debido a que permea la definición de los objetos de estudio, la asignación de recursos por parte del Estado y la apropiación social de los resultados. Este artículo analiza las Agendas Estatales de Innovación en México, un programa impulsado por el gobierno mexicano para definir prioridades de innovación en la escala estatal. Analíticamente, el estudio se conduce a partir de la tipología de modos de gobernanza de Hagendijk & Irwin (2006) con el objetivo de examinar en qué medida este instrumento muestra avances en la democratización de la gobernanza de la ciencia en el país. Metodológicamente, se sistematizó la información de las agendas y se realizaron entrevistas semiestructuradas a actores clave. Se concluye que las agendas coinciden con los modos de gobernanza de mercado y discrecional, pues los temas prioritarios representan los intereses de la élite empresarial y gobernante del país. Se plantea como hipótesis que en las agendas están presentes varios elementos que apuntan la orientación de la ciencia hacia una lógica de mercado alineada con el neoextractivismo, que se expande en la región latinoamericana.

Management controls, heterarchy and innovation: a case study of a start-up company

PurposeThe purpose of this paper is to consider how organizations with diverse, interdependent functions with differing evaluative principles and differing ideas as to which behaviors are the most desirable, use management controls in their efforts to achieve innovation.Design/methodology/approachThe authors conducted a case study of TechCo, an Australian technology start-up company, over a 12 month period.FindingsThe authors demonstrate how the clash of differing evaluative principles among interdependent teams led to the organization seeking new ways of organizing, which in turn, enabled the organization to better manage the interdependencies between the diverse functional areas. Additionally, the findings show how, through the use of management control systems, the organization was able to promote idea generation and “buy-in” across all functional areas, order competing priorities for innovation and set the agenda as to what constituted “acceptable” innovation for the organization to pursue.Originality/valueThe authors find that management controls play an important role in managing the tensions between differing evaluative principles in diverse functional areas in a heterarchical organization, and in supporting innovation in such an environment. As such, the authors provide the first research evidence on how management controls are used within a heterarchy to generate and select innovative ideas.

Financial and Economic Support of Innovation Processes in the Russian Fuel and Energy Complex

The subject of the research is the current state of the fuel and energy complex (FEC) that ensures generation of a significant part of the budget and the innovative development of the economy.The purpose of the research was to establish priority directions for the development of the FEC sectors based on a comprehensive analysis of their innovative and investment activities. The dynamics of investment in the fuel and energy sector are considered. It is noted that large-scale modernization of the fuel and energy complex requires substantial investment and support from the government. The results of the government programs of corporate innovative development are analyzed. The results of the research identified innovative development priorities in the power, oil, gas and coal sectors of the fuel and energy complex. The most promising areas of innovative development in the oil and gas sector are the technologies of enhanced oil recovery; the development of hard-to-recover oil reserves; the production of liquefied natural gas and its transportation. In the power sector, the prospective areas are activities aimed at improving the performance reliability of the national energy systems and the introduction of digital technologies. Based on the research findings, it is concluded that the innovation activities in the fuel and energy complex primarily include the development of new technologies, modernization of the FEC technical base; adoption of state-of-the-art methods of coal mining and oil recovery; creating favorable economic conditions for industrial extraction of hard-to-recover reserves; transition to carbon-free fuel sources and energy carriers that can reduce energy consumption and cost as well as reducing the negative FEC impact on the environment.

Technological Breakthrough Production Innovation Priorities of the Original Ingredient for Food Industry from Milk Whey – Common Agricultural Raw Materials

Technological Breakthrough Production Innovation Priorities of the Original Ingredient for Food Industry from Milk Whey – Common Agricultural Raw Materials

Biodiversity Community Cyberinfrastructure in the Specify Collections Consortium

The Specify Collections Consortium ("SCC") is a member-funded organization currently comprised of 70 biodiversity collection institutions--universities, research centers, and government agencies from around the globe. In 2018, the SCC was created as a follow-on to the Specify Software Project that had a 20-year history as a US NSF grant funded biological collections software engineering and technical support project. Founding members of the Consortium include the National Natural History Museum of Denmark, and in the United States, the Universities of Florida, Michigan, and Kansas. The SCC plans to build on its open-source collections computing platforms to bring research analysis and integration to the collections curation environment. The inclusion and integration of genetic data standards, Nagoya Protocol business rules, and biogeographical analysis in Specify platforms will extend museum digitization and cataloging to engage collections in broader computational communities, for increased research, educational, and policy impact. Significant investments by the South African National Biodiversity Institute, the Natural History Museum of Geneva, and regional collections in additional countries are contributing to the Consortium's growth and financial sustainability. Code contributions from Consortium members have supplemented their financial commitments to produce capabilities that immediately benefit all members. We will present an update on the Specify Consortium's progress during its first 1.5 years, and outline its near- and long-term priorities for collections community engagement and technological innovation.

USE OF INTERNATIONAL SCIENTIFIC DATA BASES WEB OF SCIENCE AND SCOPUS FOR SCIENTIFIC RESEARCH AT AGRICULTURAL HIGHER EDUCATION INSTITUTIONS

USE OF INTERNATIONAL SCIENTIFIC DATA BASES WEB OF SCIENCE AND SCOPUS FOR SCIENTIFIC RESEARCH AT AGRICULTURAL HIGHER EDUCATION INSTITUTIONS

Are Regulation and Innovation Priorities Serving Public Health Needs?

A host of challenges confront healthcare authorities worldwide. Topping the list is the demand for innovative new medicines to treat a range of both infectious and non-communicable diseases, while containing spiraling healthcare costs. The challenge is particularly great in therapeutic areas where, despite significant medical need and economic impact, the technical challenges and commercial risk of development serve as disincentives to drug sponsors. These areas include cardiovascular diseases as well as diseases and disorders of the central nervous system. Currently, the development and approval of new active substances, with its disproportionate focus on oncology, is not in alignment with healthcare needs in most geographic regions. In this article, we discuss the origins of this misalignment and suggest various approaches to address healthcare needs going forward.

State regulation of innovative activities by the way of financial support of innovative priorities

The article is devoted to the results of the research of the state financial support of strategic priority directions of innovative activity in Ukraine with the purpose of their possible use in substantiation and formation of strategic priorities for 2022–2031. The authors present the results of the conducted scientific work, which show that in 2018 the budget financing of strategic priorities amounted to UAH 291452,83 thousand, which is 12.5 % more than in 2017. It is stated that in the total budget financing of innovation activity, this volume occupies 94.9 %, This is higher than in 2017 and indicates an increase in the efficiency of budget funds used for innovation, as they are directed directly to strategic priorities. Priority 4 “Technological renewal and development of agro-industrial complex” received the largest share (52.6 %) and smallest (1,8 %). – priority 5 “Implementation of new technologies and equipment for quality health care, treatment, pharmaceuticals”. Compared to 2017, budget support for all strategic priorities increased, of which the highest growth was given to priority 7 (ICT) and substantial – priority 2 (transport), which led to a significant increase in the need for innovative ICTs and transport technologies. and some slowdown in the need for innovation in other strategic areas. It is investigated that the overwhelming share of budgetary funds (92.6 %) in 2018, as in previous years, is directed to the implementation of R&D. Expenditures were made from general (0.5 %) and special (99.5 %) funds by three spending units: the Ministry of Education, the Ministry of Environment and the NAAS, with the Ministry of Education, as in previous years, providing financial support to all strategic priorities. The share of budget support relative to nominal GDP is estimated to be 0.0082 % in 2018 (0.0087 % in 2017, 0.0082 % in 2016). It is concluded that in 2018 the real state financial support for strategic priorities of innovation activity was realized at the level of 2016, despite the absolute growth of its volumes. It is revealed that the main problem of state regulation of innovation activity through budgetary support of strategic innovation priorities is their insignificant financing from the General Fund of the state budget. To overcome this problem, it is proposed to take into account innovative priorities in the formulation of state orders and government programs, as provided by law.

Innovative measurement of structural transformations in the economy of large cities of Ukraine

The purpose of the article is to study the innovative dimension of structural transformations of the economy of large cities of Ukraine on the example of industrial enterprises. For this purpose, the author analyzes the dynamics of the quantity, structure and concentration of innovative active industrial enterprises in the big cities of Ukraine; the dynamics and structure of innovations (introduction of new technological processes and development of innovative types of products); indicators of the implementation of innovative products. In order to compare, the article provides statistical information on innovation activities in Ukrainian industry as a whole, as well as in Polish industry. The paper establishes that financial constraints remain to be the main factor inhibiting the innovation activity of domestic industrial enterprises due to acute shortage of own financial resources, which are the main source of financing of innovation activity. The main institutional and organizational problems of activation of innovation activity in industry are named, in particular: 1) low level of innovation and executive culture, insufficient enforcement of laws and violations of legislation; 2) absence of coordinated activity of state, regional authorities and local self government bodies aimed at the country's innovative development; 3) the lack of integrated application of mechanisms of state influence to achieve innovation priorities; 4) insufficient development of innovation infrastructure; 5) low level of innovation activity of small industrial enterprises; 6) there is almost no cooperation between the state, science and business in the priority sectors for the national economy. The problems associated with human resources provision of high-tech development are sharp for Ukraine. The solution of this problem is seen in improving the quality of technical education and ensuring its compliance with contemporary world trends and requirements; forecasting and monitoring of the state order for specialists in technological specialties, etc. The prospect of further research on the subject of the article is the search for ways to create favorable institutional and organizational conditions for increasing the innovation activity of industrial enterprises.

INNOVATIVE INVESTMENT IN THE INTERNATIONAL ECONOMICAL RELATIONS DEVELOPMENT PROCESS

This article describes the essence of intangible assets in the system of concepts that determine the features of international investment activity. It is established, that without attracting of foreign investment becomes impossible to increase the level of competitiveness of domestic products in the world market. The purpose of the article is to identify the nature, dynamics and specifics of innovative investment in the development of international economic relations. It is stated that in modern conditions of economic development, intangible assets start to acquire increasingly important role in the process of capitalizing the value of enterprises and will play a major role in the formation of companies soon. It was concluded, that given trends in information development, intangible assets are becoming more valuable for an enterprise in terms of generating additional value and capitalization growth of an enterprise. Now the state policy of innovation development is characterized by inconsistency, lack of clear concept of national innovation priorities and system approach to the development of innovation activity (national innovation system), however economic and legal relations are able to acquire maximum effectiveness in the case of investing economic activity through the transfer of innovative production.

Street-level priority-setting: The role of discretion in implementation of research, development, and innovation priorities

Research on priority-setting for research, development, and innovation (RDI) often does not take into account the many challenges associated with translating priorities into RDI programs and projects. Such implementation challenges are typically handled by RDI program officers at funding agencies i.e. those officers that manage RDI programs and projects. To address this challenge, this paper utilizes a ‘street-level bureaucracy’ approach to understanding how RDI priority-setting is enacted by program officers in the course of translating general RDI priorities into actual funding. This is done through a study of how program officers at the Swedish Energy Agency exercise discretion in the course of implementing RDI priorities. The results suggest four general dimensions of program officer discretion in priority implementation, viz. (i) regulating inflow of new knowledge and ideas, (ii) interpreting the relationship between strategy and program design, (iii) tweaking and applying selection criteria, and (iv) determining the portfolio's balance between basic research and application/innovation. The results suggest that discretion can act as an important mechanism mediating between the formulation of RDI priorities and de facto RDI investments by funding agencies. By explicating some variations of this mechanism, the study contributes new insights into the governance of RDI funding processes.

INNOVATION PROFILE FROM THE PERSPECTIVE OF TECHNOLOGY ROADMAPPING PRACTITIONERS IN SOUTH AFRICA

The objective of this paper is to derive the innovation profile in developing countries, such as South Africa, from a technology roadmapping practitioner’s point of view. The specific research questions that are addressed are i) what are the main priorities for innovation in South Africa? and ii) what are the actual or perceived innovation competitive advantages for South Africa? A mixed methodology research is used that combines online quantitative surveys, qualitative interviews, and document analysis. The quantitative survey was conducted with researchers and practitioners involved with technology roadmaps in South Africa. Through the realism research philosophy that combines both inductive and deductive approaches, an analytical inference is made through the five propositions that have managerial and policy implications for the technology roadmapping community in developing countries.

The prospects of implementing the principles of the EU’s smart specialization into the Ukrainian practice of state regulation of innovation development

The article focuses on the fact that the newest mechanisms of state regulation of innovation processes acquire special significance according to the conditions of the formation of an innovative model of the Ukrainian economy. The relevance of the study is enhanced by the understanding that the development of such mechanisms of management of innovative processes becomes of great importance, as well as it can provide the ability of the institutes of society to realize innovative development priorities. The purpose of the study is to consider the feasibility of applying the concept of smart specialization in non-EU countries, in Ukraine particularly. This involves consideration of issues, the possibility of its effective application at the regional level, the analysis of self-sufficiency of local decisions and resources, and justifying the need for the creation of a supreme regulatory authority. Methodology. To achieve the goals set forth in the work, the following research methods were used: theoretical generalization; system approach; methods of positive and normative analysis, etc. Results. The results of the research indicate that from the point of view of smart specialization, regional innovation strategies in Ukraine appear to be rather declarative than instrumental ones. Most of them do not provide mechanisms for updating priorities and support measures. Only in single documents it is indicated who should analyse the actual level of development of innovation activity and adjust its priorities. Performance indicators are mainly focused on monitoring the state of the research and development sector. It has been established that innovative priorities, formulated without taking into account the principles of smart specialization, as a rule, simply involve a combination of traditional economic specialization and new branches of science and technology, without taking into account structural changes in the economy of the surrounding regions and the country as well. Practical meaning. The practical significance of the study is that the article deals with both the problems and the prospects of introducing the principles of smart specialization into the Ukrainian practice of state regulation of innovation development. It is indicated which levels of public administration should be involved in the process of developing strategies for smart specialization and which aspects should be given special attention when implementing an approach outside the EU. Prospects for further research. It is proposed to use in the Ukrainian practice of state regulation of innovation development the main provisions of a smart specialization, which constitute a set of rules for the selection of priorities within the framework of the strategy of innovation development. These rules are collected in a single EU methodological document – «Guide to Research and Innovation Strategies for Smart Specialisations».