The innovation policy of the state has a great influence on the realization of the innovative activity of small business structures. The creation of an effective state mechanism for the dissemination and implementation of innovations and measures to protect and protect intellectual property rights to scientific and technological achievements is becoming the most important feature of the modern state. In countries with advanced market economies, small business structures occupy an honorable place in the economy, as well as receive appropriate support from governmental and non-governmental institutions. At the same time, the task of the state is not limited to providing financial, technical, and other resources to small business structures on preferential terms, as well as to supporting private initiatives at any cost. The state is called primarily to create such an economic and legal climate that would allow small businesses not only to stay afloat but also to stay afloat. The purpose of the work is to study and generalize the foreign experience of innovative development of small business structures, as well as to find opportunities for its use in domestic practice. The article describes the activities of state organizations for financial, informational, and advisory assistance to small businesses. The availability of credit programs for small businesses is considered. Tax incentives for state support of small businesses in economically developed countries are presented. Having identified the features of the state regulatory policy of the world's leading countries in the field of innovative development of small businesses, conclusions were drawn on supporting this sector of the economy in Ukraine and identified possible ways of its effective innovation in the national economy. It is confirmed that the implementation of such changes will promote the development of innovative activities of small businesses, allow them to create a favorable business environment and conditions for innovative development, strengthen competitive advantages, ensure effective operation, create a solid foundation for modernization and integration of Ukraine into the European and world markets.
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